1387 Old Barrie Road W, Oro-Medonte

$725,000
1387 Old Barrie Road W

$725,000

New
28d
DetachedBungaloft

1387 Old Barrie Road W, Oro-Medonte

Total Monthly Obligation $3,518

Beds
3
Baths
3
Park
4
Sqft
1500-2000
DOM
28d
Score
23
Yield
5.8%
Cash on Cash
2.2%
Cap Rate
5.1%
5Y IRR
17.3%
10Y IRR
16.0%
Property Type-Detached
MLS® Number-S13828826
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-124.93 × 173.94 ft
Listed on site-Sep 25, 2026
Style-Bungaloft
Building Type-Detached
Age-51-99
Taxes-$2,620.7 (2026)
Parking-6 - Detached
Basement-Crawl Space
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK PEGGY HILL GROUP REALTY
Cooling-Central Air
Laundry-No
Fireplace-Electric
Pool-None
Facing-South
Exterior-Vinyl Siding
Roof-Metal
Foundation-Block, Concrete, Poured Concrete
Sewer-Septic
Possession-Flexible
Neighbourhood-Edgar
Title-Residential Freehold

No agent assigned

EXTENSIVELY RENOVATED BUNGALOFT WITH A SHOP MADE FOR CARS, TOOLS & PROJECTS! The 25 x 30 ft drive-through shop may get your attention first, but the 3-bedroom home and half-acre setting give you just as many reasons to stay. The main level has been extensively renovated, including a kitchen with quartz counters, stainless steel appliances and extensive cabinetry, while navy lower cabinetry, white uppers and warm wood walls and ceiling give the space a modern look without losing its country character. Just beyond, the breakfast area doubles as a sitting room beside a wall-mounted electric fireplace, an easy place to read, linger after dinner or settle in at the end of the day. Luxury vinyl flooring, pot lights and neutral finishes continue through the principal living spaces, while the professionally upgraded full bath features heated flooring and a glass shower. Main-floor laundry comes with added storage, and a main-floor bedroom gives you the option to keep more of daily life on one level. Newer windows throughout, a low-maintenance metal roof, upgraded 200-amp service and an owned hot water tank add to the list of improvements already completed, with an Ecobee thermostat also in place. Two freshly painted bedrooms with distinctive sloped ceilings occupy the second level alongside an upgraded 2-piece bath, with another half bath completing the home. The rear deck overlooks a wide grassy yard framed by mature trees, with enough room to start planning gardens, set up the fire pit or give the kids and dog somewhere to really use up an afternoon. And then there is that 25 x 30 ft drive-through shop, equipped with its own electrical panel and giving you a place to work on the car, organize the tools and spend a Saturday getting lost in whatever project is next.

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

Closing Costs

Mortgage Amount
$580,000
Land Transfer Taxes$10,975
Legal Fees (Est.)
$
Total cash required for closing$157,475

Total Monthly Obligation

$3,518/mo
Mortgage $2,924
Monthly Loss $2,748
Principal$770
Interest$2,155
Property Tax$218
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.2%29
Cash-on-Cash
-2.8%4
5-Year IRR
13.4%60
10-Year IRR
13.2%
Returns Index
31.4/ 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
$42,000/yr
NOI
$30,679/yr
Net Cash Flow
-$368/mo
Cash Margin
-10.5%1
Cash Flow Index
0.6/ 100
Risk Profile
Weight: 20%
DSCR
0.8718
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo44
Risk Index
26.9/ 100

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

Comparables

Properties near 1387 Old Barrie Road W

Time

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