2341 Sunnidale Road, Springwater

$889,900
2341 Sunnidale Road

$889,900

Price Change
24d
DetachedBacksplit 3

2341 Sunnidale Road, Springwater

Total Monthly Obligation $4,197

Beds
3
Baths
1
Park
4
Sqft
700-1100
DOM
24d
Score
15
Yield
3.0%
Cash on Cash
-10.2%
Cap Rate
2.4%
5Y IRR
7.6%
10Y IRR
8.4%
Property Type-Detached
MLS® Number-S13840036
Beds-3
Bathrooms-1
Size-700-1100 sqft
Lot Size-0.494 Acres
Listed on site-Sep 29, 2026
Style-Backsplit 3
Building Type-Detached
Age-51-99
Taxes-$2,786 (2025)
Parking-5 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-KELLER WILLIAMS EXPERIENCE REALTY
Cooling-Central Air
Laundry-No
Fireplace-Wood
Pool-None
Facing-South
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Septic
Possession-TBD
Neighbourhood-Rural Springwater
Title-Residential Freehold

No agent assigned

Welcome to this beautifully maintained 3-level split home offering an ideal blend of comfortable country living and city convenience on an expansive, oversized lot. Designed for effortless entertaining and everyday living, the home features a stunning custom chef's kitchen complete with a generous center island, with custom drawer dishwashers with built-in water softeners, custom countertops, deep cabinetry, built-in spice racks, and pot lighting. The eat-in kitchen flows directly out to a concrete patio and fully fenced yard, creating a seamless indoor-outdoor retreat. Warm finishes run throughout the main living spaces, while the fully finished lower level boasts a massive recreation room anchored by a cozy stone fireplace and plentiful storage. Additional interior highlights include spacious bedrooms with ample closet space, professional paint throughout, a built-in water softener, central vacuum, and central air. A standalone highlight of the property is the massive, heated detached shop equipped with its own 200-amp electrical service, running water, and a 10x10 door-a versatile setup perfect for trades, hobbies, or vehicle storage. Perfectly located seconds from Grenfel & Parr Park and just minutes from Barrie's shopping, waterfront, and Highway 400 for an easy commute.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$711,920
Land Transfer Taxes$14,273
Legal Fees (Est.)
$
Total cash required for closing$193,753

Total Monthly Obligation

$4,197/mo
Mortgage $3,590
Monthly Loss $3,252
Principal$945
Interest$2,645
Property Tax$232
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.9%11
Cash-on-Cash
-13.9%0
5-Year IRR
4.7%10
10-Year IRR
6.5%
Returns Index
6.3/ 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
$26,400/yr
NOI
$16,474/yr
Net Cash Flow
-$2,217/mo
Cash Margin
-100.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.383
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo37
Risk Index
19.3/ 100

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

Comparables

Properties near 2341 Sunnidale Road

Time

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Data last updated within the past 24 hours.