605 Big Bay Point Road, Barrie

$1,750,000
605 Big Bay Point Road

$1,750,000

New
28d
DetachedSidesplit 4

605 Big Bay Point Road, Barrie

Total Monthly Obligation $7,865

Beds
5
Baths
2
Park
8
Sqft
1500-2000
DOM
28d
Score
14
Yield
2.2%
Cash on Cash
-13.2%
Cap Rate
1.7%
5Y IRR
5.3%
10Y IRR
6.7%
Property Type-Detached
MLS® Number-S13829426
Beds-5
Bathrooms-2
Size-1500-2000 sqft
Lot Size-80 × 200 ft
Listed on site-Sep 25, 2026
Style-Sidesplit 4
Building Type-Detached
Age-51-99
Taxes-$5,167 (2025)
Parking-10 - Attached
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK CHAY REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Aluminum Siding, Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Negotiable
Neighbourhood-Bayshore
Title-Residential Freehold

No agent assigned

This home has recently been gutted and is undergoing extensive renovations to create a triplex plus an accessory dwelling unit, offering four rental units in total. The property is being offered as part of a package with four additional side-by-side properties, presenting an exceptional investment and redevelopement opportunity. The area has been designated for high-density development, with several new projects currently under construction or planned along this rapidly transforming corridor. Conveniently located close to shopping, schools, a recreation center. the Barrie GO station, and Barrie's magnificent waterfront.

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

Closing Costs

Mortgage Amount
$1,400,000
Land Transfer Taxes$31,475
Legal Fees (Est.)
$
Total cash required for closing$382,975

Total Monthly Obligation

$7,865/mo
Mortgage $7,059
Monthly Loss $6,007
Principal$1,858
Interest$5,201
Property Tax$431
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.4%9
Cash-on-Cash
-15.9%0
5-Year IRR
3.1%6
10-Year IRR
5.3%
Returns Index
4.5/ 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
$38,400/yr
NOI
$24,893/yr
Net Cash Flow
-$4,985/mo
Cash Margin
-155.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.292
LTV Ratio
80.0%18
Vacancy Buffer
1.2 mo20
Risk Index
13.4/ 100

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

Comparables

Properties near 605 Big Bay Point Road

Time

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Data last updated within the past 24 hours.