299 Cundles Road E 505, Barrie

$414,900
299 Cundles Road E 505

$414,900

Price Change
28d
Condo Apartment1 Storey/Apt

299 Cundles Road E 505, Barrie

Total Monthly Obligation $2,851

Bed+Den
3+1
Baths
2
Park
1
Sqft
1000-1199
DOM
28d
Score
23
Yield
8.1%
Cash on Cash
1.3%
Cap Rate
4.9%
5Y IRR
16.6%
10Y IRR
15.4%
Property Type-Condo Apartment
MLS® Number-S13827640
Bed+Den-3+1
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Sep 25, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-6-10
Taxes-$4,910.46 (2026)
Maintenance-$568.27/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 B.J. ROTH REALTY LTD.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Stucco (Plaster)
Possession-Flexible
Neighbourhood-400 North
Title-Residential Condo & Other

No agent assigned

Welcome to Suite 505 at 299 Cundles Road East, a spacious and beautifully positioned 1,060 sq. ft. residence offering 2 bedrooms, 2 bathrooms and an impressive oversized den that is truly large enough to function as a home office, guest room or additional sleeping space. Set on the 5th floor, the suite enjoys an elevated outlook with views toward Little Lake and plenty of natural light. Inside, airy 9' ceilings, pot lighting and a bright open-concept kitchen and living area create a spacious and inviting atmosphere. The primary bedroom offers its own private ensuite complete with a glass-tiled walk-in shower, while a generous in-suite laundry room provides valuable extra storage and everyday convenience. The suite is also equipped with its own water softener. One of the standout features is the oversized covered balcony, offering plenty of room for outdoor lounging or dining, the ability to BBQ, and added protection from the balcony above. Underground parking and a storage locker complete the package. The location is equally impressive, with North Barrie Crossing just steps away, placing Zehrs, Cineplex, restaurants, shopping and everyday amenities right at your fingertips. Royal Victoria Regional Health Centre is only minutes away, while quick access to Highway 400 makes commuting effortless. With its exceptional floor plan, generous living space and unbeatable convenience, Suite 505 delivers the space and functionality that can be difficult to find in condo living.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$331,920
Land Transfer Taxes$4,773
Legal Fees (Est.)
$
Total cash required for closing$89,253

Total Monthly Obligation

$2,851/mo
Mortgage $1,674
Monthly Loss $2,411
Principal$440
Interest$1,233
Property Tax$409
Condo Fees$568
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.9%26
Cash-on-Cash
-4.6%3
5-Year IRR
12.4%53
10-Year IRR
12.7%
Returns Index
27.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$33,504/yr
NOI
$16,024/yr
Net Cash Flow
-$338/mo
Cash Margin
-12.1%0
Cash Flow Index
0.4/ 100
Risk Profile
Weight: 20%
DSCR
0.8014
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo57
Risk Index
29.7/ 100

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

Comparables

Properties near 299 Cundles Road E 505

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.