58 Lakeside Terrace 909, Barrie

$465,000
58 Lakeside Terrace 909

$465,000

New
51d
Condo ApartmentMulti-Level

58 Lakeside Terrace 909, Barrie

Total Monthly Obligation $3,140

Beds
2
Baths
2
Park
2
Sqft
800-899
DOM
51d
Score
17
Yield
6.2%
Cash on Cash
-6.8%
Cap Rate
3.1%
5Y IRR
10.2%
10Y IRR
10.4%
Property Type-Condo Apartment
MLS® Number-S13738760
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Sep 2, 2026
Style-Multi-Level
Building Type-Condo Apartment
Age-0-5
Taxes-$3,727 (2025)
Maintenance-$753.65/mo
Locker-Owned
Parking-2 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-PARKER COULTER REALTY BROKERAGE INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Foundation-Poured Concrete
Possession-Flexible
Neighbourhood-Little Lake
Title-Residential Condo & Other

No agent assigned

Rare opportunity offering TWO OWNED UNDERGROUND PARKING SPACES plus an owned locker. Enjoy lakeside living with convenient access to Downtown Barrie, Hwy 400, RVH, shopping, dining, and everyday amenities. Just steps to Little Lake and nearby walking trails. This bright and beautiful east-facing condominium features 2 bedrooms and 2 full bathrooms with an open concept living and dining area that walks out to a spacious private balcony, perfect for morning coffee or relaxing outdoors. The modern kitchen offers a breakfast island, ample cabinetry, quartz countertops, and afunctional layout ideal for entertaining. Convenient in-suite laundry adds to the ease of everyday living. Good sized bedrooms including primary with ensuite. Residents enjoy exceptional building amenities including guest suites, games room, party and meeting rooms, rooftop terrace, fitness centre, bike storage, and concierge services. An excellent opportunity for downsizers, professionals, investors, or anyone seeking low-maintenance living in a prime location. Tandem parking: Unit 52 - Level B. Locker: Unit 63 - Level B

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$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$372,000
Land Transfer Taxes$5,775
Legal Fees (Est.)
$
Total cash required for closing$100,275

Total Monthly Obligation

$3,140/mo
Mortgage $1,876
Monthly Loss $2,646
Principal$494
Interest$1,382
Property Tax$311
Condo Fees$754
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.3%14
Cash-on-Cash
-11.8%0
5-Year IRR
6.7%17
10-Year IRR
8.3%
Returns Index
9.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$28,704/yr
NOI
$10,663/yr
Net Cash Flow
-$987/mo
Cash Margin
-41.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.474
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo51
Risk Index
24.6/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 58 Lakeside Terrace 909

Time

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Data last updated within the past 24 hours.