39 Mary Street 1101, Barrie

$589,900
39 Mary Street 1101

$589,900

New
25d
Condo ApartmentApartment

39 Mary Street 1101, Barrie

Total Monthly Obligation $3,369

Bed+Den
3+1
Baths
2
Park
1
Sqft
700-799
DOM
25d
Score
17
Yield
4.7%
Cash on Cash
-8.2%
Cap Rate
2.8%
5Y IRR
9.1%
10Y IRR
9.5%
Property Type-Condo Apartment
MLS® Number-S13833596
Bed+Den-3+1
Bathrooms-2
Size-700-799 sqft
Listed on site-Sep 28, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Maintenance-$789.64/mo
Locker-None
Parking-1 - Attached
Basement-None
Heating-Forced Air (Other)
Brokerage-EXP REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete, Metal/Steel Siding
Possession-Flex, TBD
Neighbourhood-City Centre
Title-Residential Condo & Other

No agent assigned

Rarely opportunity at Début Waterfront Residences in the heart of Barrie's downtown waterfront lifestyle community. This move-in-ready 2-bedroom + den, 2-bath suite features an oversized private terrace with gas BBQ connection and southwest exposure overlooking Kempenfelt Bay. Floor-to-ceiling windows provide abundant natural light and impressive sunset and waterfront views.The functional split-bedroom layout offers excellent privacy, complemented by a versatile den ideal for a home office or additional living space. The contemporary Scavolini kitchen features quartz countertops, integrated Fulgor Milano appliances and a movable island. Two full bathrooms include a private primary ensuite, along with convenient ensuite laundry. One underground parking space included. Residents enjoy access to state-of-the-art amenities including an infinity plunge pool, sauna, steam room, hot stone spa, fitness centre, outdoor BBQ terrace, party lounge, concierge and guest suites. Positioned in the centre of Barrie's evolving waterfront district, just steps from the newly opened Lakehead University Barrie STEM Hub and close to the planned waterfront MLS NEXT Pro soccer stadium direct terrace view and future Performing Arts Centre. Enjoy immediate access to Kempenfelt Bay, the marina, waterfront trails, downtown restaurants and shops, with convenient connections to GO Transit and Highway 400. A distinctive terrace-level residence combining waterfront views, exceptional outdoor space and a front-row location within one of Barrie's most significant areas of growth and investment.

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%
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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

$3,369/mo
Mortgage $2,379
Monthly Loss $2,743
Principal$626
Interest$1,753
Condo Fees$790
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.4%0
5-Year IRR
6.0%14
10-Year IRR
7.6%
Returns Index
8.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$27,480/yr
NOI
$12,856/yr
Net Cash Flow
-$1,308/mo
Cash Margin
-57.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.454
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo47
Risk Index
23.2/ 100

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

Comparables

Properties near 39 Mary Street 1101

Time

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Data last updated within the past 24 hours.