37 Ellen Street 1008, Barrie

$1,349,900
37 Ellen Street 1008

$1,349,900

New
24d
Condo Apartment1 Storey/Apt

37 Ellen Street 1008, Barrie

Total Monthly Obligation $7,724

Beds
2
Baths
2
Park
2
Sqft
1800-1999
DOM
24d
Score
15
Yield
4.8%
Cash on Cash
-8.7%
Cap Rate
2.7%
5Y IRR
8.7%
10Y IRR
9.3%
Property Type-Condo Apartment
MLS® Number-S13839432
Beds-2
Bathrooms-2
Size-1800-1999 sqft
Listed on site-Sep 29, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$9,979.2 (2026)
Maintenance-$1,247.46/mo
Locker-Exclusive
Parking-2 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK CHAY REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-Natural Gas
Pool-None
Exterior-Stucco (Plaster)
Roof-Flat
Foundation-Poured Concrete
Possession-Flexible
Neighbourhood-Lakeshore
Title-Residential Condo & Other

No agent assigned

Paradise on the bay! Living is easy in this impressive condo, generously spacious bright front suite overlooking the beautiful Kempenfelt Bay with exciting water views from every room. This 2 Bed, 2 Bath Grand Cayman model with 1,864 square feet open concept floor plan includes many amazing upgrades. Stainless steel appliances, stone counters, rich full height cabinetry, breakfast counter with seating, undercabinet lighting plus pot lights, pull outs in the pantry cabinet. Engineered hardwood flooring. Enjoy the elegant great room, with crown molding, pot lights and features a walk-out to a large private covered balcony. The bedroom suites are located at either end of the living space for undisturbed privacy. The divine master suite presents a tray ceiling, and massive windows, walk-in closet and a bonus double closet. Relax in the 6-piece ensuite with a soaking tub, separate glass walk-in shower, double sinks, bidet. Guests will enjoy their stay in the elegant second-bedroom steps to their private 4-piece bath. Spacious laundry room with shelving for storage. Surge protectors, and custom automated suite door make this perfect for wheelchair access. Convenient first floor parking, 2 owned spaces. The prestigious Nautica building is conveniently located within walking distance to downtown Barrie, the beach, marina, rowing & canoe club, yacht club, walking paths, bike trails and Go Station. You will also love the convenience of two indoor parking spots, bike & board storage available. Centrally located and provides perfect access to Toronto, Cottage Country and many ski resorts. The Nautica facilities provide an indoor pool, hot tub, sauna, and a large exercise room, as well as a large party room and guest suite. Many year-round social activities round out the community experience; there is always something special happening at the Nautica

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

Closing Costs

Mortgage Amount
$1,079,920
Land Transfer Taxes$23,473
Legal Fees (Est.)
$
Total cash required for closing$294,953

Total Monthly Obligation

$7,724/mo
Mortgage $5,445
Monthly Loss $6,291
Principal$1,433
Interest$4,012
Property Tax$832
Condo Fees$1,247
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.1%0
5-Year IRR
6.3%15
10-Year IRR
7.8%
Returns Index
8.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$64,116/yr
NOI
$30,356/yr
Net Cash Flow
-$2,915/mo
Cash Margin
-54.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.464
LTV Ratio
80.0%18
Vacancy Buffer
1.3 mo20
Risk Index
14.1/ 100

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

Comparables

Properties near 37 Ellen Street 1008

Time

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