241 Ferndale Drive S 37, Barrie

$435,000
241 Ferndale Drive S 37

$435,000

New
28d
Condo TownhouseStacked Townhouse

241 Ferndale Drive S 37, Barrie

Total Monthly Obligation $2,659

HausQ Valuation Report
Beds
3
Baths
2
Park
2
Sqft
1200-1399
DOM
28d
Score
32
Yield
8.5%
Cash on Cash
7.4%
Cap Rate
6.2%
5Y IRR
21.5%
10Y IRR
19.5%
Property Type-Condo Townhouse
MLS® Number-S13829018
Beds-3
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Sep 25, 2026
Style-Stacked Townhouse
Building Type-Condo Townhouse
Age-16-30
Taxes-$2,876.31 (2025)
Maintenance-$465/mo
Locker-None
Parking-2 - None
Basement-None
Heating-Forced Air (Gas)
Brokerage-PARKER COULTER REALTY BROKERAGE INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Possession-Flexible
Neighbourhood-Ardagh
Title-Residential Condo & Other

No agent assigned

Welcome to this beautifully renovated, carpet-free condo townhouse nestled in a quiet, family-friendly community. Thoughtfully updated throughout, this move-in ready home features new laminate flooring, a stylish kitchen with updated tile backsplash, stainless steel appliances, bright white cabinetry, and large windows that fill the open-concept main floor with natural light. Both bathrooms have been fully renovated with contemporary finishes, including quartz countertops, creating a fresh and modern feel. Upstairs, you'll find three generously sized countertops, creating a fresh and modern feel. Upstairs, you'll find three generously sized space. Outside, enjoy the convenience of two dedicated parking spaces along with access to a private neighbourhood park, perfect for children and families. Ideally situated close to excellent schools, parks, the Ardagh Bluffs trail system, and major commuter routes, this welcoming community offers the perfect balance of comfort, convenience, and lifestyle.

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Closing Costs

Mortgage Amount
$348,000
Land Transfer Taxes$5,175
Legal Fees (Est.)
$
Total cash required for closing$93,675

Total Monthly Obligation

$2,659/mo
Mortgage $1,755
Monthly Loss $2,198
Principal$462
Interest$1,293
Property Tax$240
Condo Fees$465
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
5.2%40
Cash-on-Cash
1.5%11
5-Year IRR
17.1%82
10-Year IRR
16.4%
Returns Index
45.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
32/ 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
$37,008/yr
NOI
$22,451/yr
Net Cash Flow
$116/mo
Cash Margin
3.8%10
Cash Flow Index
9.6/ 100
Risk Profile
Weight: 20%
DSCR
1.0732
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo61
Risk Index
37.2/ 100

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

Comparables

Properties near 241 Ferndale Drive S 37

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.