60 Nicholson Drive, Barrie

$875,000
60 Nicholson Drive

$875,000

New
24d
Detached2-Storey

60 Nicholson Drive, Barrie

Total Monthly Obligation $4,327

Beds
4
Baths
4
Park
7
Sqft
1500-2000
DOM
24d
Score
19
Yield
4.9%
Cash on Cash
-2.8%
Cap Rate
4.0%
5Y IRR
13.3%
10Y IRR
12.8%
Property Type-Detached
MLS® Number-S13840820
Beds-4
Bathrooms-4
Size-1500-2000 sqft
Lot Size-53.97 × 116.11 ft
Listed on site-Sep 29, 2026
Style-2-Storey
Building Type-Detached
Age-16-30
Taxes-$5,068 (2026)
Parking-9 - Attached
Basement-Separate Entrance, Full, Apartment
Heating-Forced Air (Gas)
Brokerage-KELLER WILLIAMS EXPERIENCE REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Ardagh
Title-Residential Freehold

No agent assigned

Welcome to 60 Nicholson Drive - A Turn-Key Home in One of Barrie's Most Desirable Neighbourhoods!Exceptional value meets modern luxury in this fully renovated home offering over 2,000 sq. ft. of finished living space in the heart of Barrie's highly sought-after Ardagh neighbourhood. Featuring 3+1 bedrooms, 3+1 bathrooms, two full kitchens, and a private separate entrance to a beautifully finished 1-bedroom in-law suite complete with its own dedicated laundry, this home is perfectly suited for multi-generational living, extended family, or those seeking added flexibility.From top to bottom, every inch of this home has been thoughtfully updated with high-end finishes, designer fixtures, and contemporary craftsmanship. The bright, open-concept main floor showcases a stunning modern kitchen, spacious living and dining areas, and stylish finishes that continue throughout the entire home. Upstairs you'll find generously sized bedrooms, including a spacious primary retreat with a beautifully updated ensuite.The fully finished lower level offers complete independence with its own entrance, a including a full kitchen, living area, studio bedroom area, bathroom, and separate laundry-creating the ideal in-law suite or private guest accommodation.Outside, enjoy parking for up to six vehicles, making this home ideal for growing families and entertaining alike.Location truly sets this property apart. Situated directly beside a park featuring tennis courts, basketball courts, a baseball diamond, playground, and expansive green space, you'll have endless recreation just steps from your front door. Families will appreciate the quiet, established neighbourhood, excellent schools, nearby walking trails, and quick access to Highway 400, shopping, restaurants, and all of Barrie's amenities.This is a rare opportunity to own a completely move-in-ready home with premium finishes, exceptional versatility, and an unbeatable location.

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Closing Costs

Mortgage Amount
$700,000
Land Transfer Taxes$13,975
Legal Fees (Est.)
$
Total cash required for closing$190,475

Total Monthly Obligation

$4,327/mo
Mortgage $3,530
Monthly Loss $3,398
Principal$929
Interest$2,601
Property Tax$422
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%20
Cash-on-Cash
-7.2%1
5-Year IRR
9.9%35
10-Year IRR
10.5%
Returns Index
18.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$42,600/yr
NOI
$28,772/yr
Net Cash Flow
-$1,132/mo
Cash Margin
-31.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.689
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo35
Risk Index
20.8/ 100

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

Comparables

Properties near 60 Nicholson Drive

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.