38 Silo Mews, Barrie

$589,900
38 Silo Mews

$589,900

New
28d
Att/Row/Townhouse3-Storey

38 Silo Mews, Barrie

Total Monthly Obligation $3,131

Beds
3
Baths
2
Park
1
Sqft
1500-2000
DOM
28d
Score
20
Yield
5.3%
Cash on Cash
-2.0%
Cap Rate
4.2%
5Y IRR
14.0%
10Y IRR
13.4%
Property Type-Att/Row/Townhouse
MLS® Number-S13827626
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-37.38 × 46.96 ft
Listed on site-Sep 25, 2026
Style-3-Storey
Building Type-Att/Row/Townhouse
Age-0-5
Taxes-$4,519.91 (2026)
Parking-2 - Built-In
Basement-None
Heating-Forced Air (Gas)
Brokerage-FARIS TEAM REAL ESTATE BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Rural Barrie Southeast
Title-Residential Freehold

No agent assigned

Top 5 Reasons You Will Love This Home: 1) Modern three-storey corner end-unit townhome offering over 1,500 square feet of living space, with the added bonus of a front yard and side yard providing outdoor space rarely found in this style of townhome 2) Versatile first level room with a two-piece bathroom, conveniently accessible from the front entrance and separate from the main living areas, making it ideal for a private home office or potential home-based business 3) Bright and spacious open-concept second level featuring a modern kitchen with a centre island, stainless-steel appliances, and a generous dining area, while the living room offers a walkout to a private balcony 4) Three bedrooms on the third level, including a primary bedroom with a walk-in closet and semi-ensuite access to the full bathroom, offering comfort and convenience for everyday living 5) Fantastic family-friendly neighbourhood in Southeast Barrie, conveniently located close to newer schools, parks, shopping, Barrie South GO Station, and Highway 400. 1,550 fin.sq.ft. *Please note some images have been virtually staged to show the potential of the home.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$471,920
Land Transfer Taxes$8,273
Legal Fees (Est.)
$
Total cash required for closing$127,753

Total Monthly Obligation

$3,131/mo
Mortgage $2,379
Monthly Loss $2,505
Principal$626
Interest$1,753
Property Tax$377
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%20
Cash-on-Cash
-7.3%1
5-Year IRR
9.9%35
10-Year IRR
10.6%
Returns Index
18.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$31,512/yr
NOI
$19,341/yr
Net Cash Flow
-$768/mo
Cash Margin
-29.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.689
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo51
Risk Index
26.2/ 100

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

Comparables

Properties near 38 Silo Mews

Time

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Data last updated within the past 24 hours.