185 Dunlop Street E 305, Barrie

$889,000
185 Dunlop Street E 305

$889,000

New
37d
Condo Apartment1 Storey/Apt

185 Dunlop Street E 305, Barrie

Total Monthly Obligation $5,001

Bed+Den
2+1
Baths
2
Park
1
Sqft
800-899
DOM
37d
Score
14
Yield
3.4%
Cash on Cash
-14.0%
Cap Rate
1.6%
5Y IRR
4.7%
10Y IRR
6.2%
Property Type-Condo Apartment
MLS® Number-S13791952
Bed+Den-2+1
Bathrooms-2
Size-800-899 sqft
Listed on site-Sep 16, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-0-5
Taxes-$5,385.73 (2026)
Maintenance-$765.99/mo
Locker-Exclusive
Parking-1 - Other
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK PEGGY HILL GROUP REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Foundation-Concrete
Possession-Flexible
Neighbourhood-Lakeshore
Title-Residential Condo & Other

No agent assigned

NEVER-LIVED-IN LUXURY WATERFRONT CONDO WITH KEMPENFELT BAY VIEWS, EXTENSIVE UPGRADES, AN ALL-SEASON LUMON BALCONY & PREMIUM AMENITIES! Set directly on the shores of Kempenfelt Bay within Lakhouse Lakefront Residences, this never-lived-in one-bedroom plus den suite pairs extensive upgrades and refined finishes with a thoughtfully curated collection of amenities that elevate the waterfront lifestyle. Southwest exposure opens the residence to views across Kempenfelt Bay, while the enclosed Lumon balcony features retractable glass panels that open to fresh lake air or close to create a sheltered setting for enjoying the water through the seasons. Quiet mornings over the lake give way to glowing sunsets, fireworks, airshows and ever-changing views across the bay. Wide-plank flooring, designer lighting and ceiling fans complement an upgraded kitchen with flat-panel cabinetry, quartz counters, new premium appliances, a wine fridge and an oversized island with seating. The primary bedroom enjoys water views, double closets and a private 3-piece ensuite, while a separate den, second full bathroom and in-suite laundry complete the interior. An owned parking space, private locker and owned EV charger are included, with parking and storage conveniently located on the same floor as the suite. Attentive concierge service complements an exceptional amenity collection with a lake-view fitness centre, cedar sauna, steam room and whirlpool, two furnished rooftop terraces with BBQ areas and water views, expansive resident lounges, kitchen-equipped gathering spaces, meeting and board rooms, bike storage, visitor parking and two shared docks. Boating, fishing, paddling, waterfront trails and winter recreation extend the experience through every season. Downtown dining, Five Points Theatre, MacLaren Art Centre, the marina and Barrie's waterfront events place dining, culture and life on the water at the heart of the experience.

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

Closing Costs

Mortgage Amount
$711,200
Land Transfer Taxes$14,255
Legal Fees (Est.)
$
Total cash required for closing$193,555

Total Monthly Obligation

$5,001/mo
Mortgage $3,586
Monthly Loss $4,057
Principal$944
Interest$2,642
Property Tax$449
Condo Fees$766
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.1%8
Cash-on-Cash
-17.2%0
5-Year IRR
2.3%5
10-Year IRR
4.9%
Returns Index
3.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$30,120/yr
NOI
$10,130/yr
Net Cash Flow
-$2,742/mo
Cash Margin
-109.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.242
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo30
Risk Index
16.7/ 100

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

Comparables

Properties near 185 Dunlop Street E 305

Time

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