37 ELLEN Street 1505, Barrie

$699,900
37 ELLEN Street 1505

$699,900

New
22d
Condo ApartmentApartment

37 ELLEN Street 1505, Barrie

Total Monthly Obligation $4,315

Beds
2
Baths
2
Park
1
Sqft
1200-1399
DOM
22d
Score
16
Yield
5.1%
Cash on Cash
-9.1%
Cap Rate
2.6%
5Y IRR
8.4%
10Y IRR
9.0%
Property Type-Condo Apartment
MLS® Number-S13847138
Beds-2
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 1, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$6,148.83 (2026)
Maintenance-$779.22/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 B.J. ROTH REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-Living Room, Natural Gas
Pool-None
Exterior-Stucco (Plaster), Other
Possession-immediate
Neighbourhood-City Centre
Title-Residential Condo & Other

No agent assigned

Experience elevated waterfront living from this stunning 15th-floor Bimini model offering approximately 1,255 sq. ft. of bright, open-concept living space and breathtaking views of Kempenfelt Bay, Barrie's marina, and vibrant downtown skyline. Rarely offered, this desirable split-bedroom layout features 2 spacious bedrooms and 2 full bathrooms, providing privacy and comfort for owners and guests alike.The primary retreat boasts a full ensuite bath and generous his-and-hers closets, while the second bedroom features a convenient Murphy bed, creating the perfect flexible space for overnight guests, a home office, or hobby room. The beautifully appointed kitchen showcases stainless steel appliances, an oversized island, extended cabinetry, stylish backsplash, and ample workspace for entertaining. Hardwood flooring, soaring 9-foot ceilings, pot lighting, and a glass walk-in shower add to the home's sophisticated appeal, while the absence of carpet offers a clean, modern finish throughout.Enjoy the convenience of a maintenance-free lifestyle with underground parking, a private storage locker, concierge service, security, and exceptional building amenities including an indoor pool. Whether you're enjoying your morning coffee overlooking the bay or taking in the city lights at night, this exceptional suite delivers luxury condominium living at its finest.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$559,920
Land Transfer Taxes$10,473
Legal Fees (Est.)
$
Total cash required for closing$151,953

Total Monthly Obligation

$4,315/mo
Mortgage $2,823
Monthly Loss $3,572
Principal$743
Interest$2,080
Property Tax$512
Condo Fees$779
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.0%12
Cash-on-Cash
-13.2%0
5-Year IRR
5.5%12
10-Year IRR
7.3%
Returns Index
7.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$35,472/yr
NOI
$14,025/yr
Net Cash Flow
-$1,654/mo
Cash Margin
-56.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.413
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo35
Risk Index
19.0/ 100

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

Comparables

Properties near 37 ELLEN Street 1505

Time

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Data last updated within the past 24 hours.