22 Ridwell Street, Barrie

$515,000
22 Ridwell Street

$515,000

New
22d
Att/Row/Townhouse2-Storey

22 Ridwell Street, Barrie

Total Monthly Obligation $2,778

HausQ Valuation Report
Beds
2
Baths
2
Park
2
Sqft
700-1100
DOM
22d
Score
22
Yield
5.8%
Cash on Cash
-0.1%
Cap Rate
4.6%
5Y IRR
15.5%
10Y IRR
14.5%
Property Type-Att/Row/Townhouse
MLS® Number-S13847452
Beds-2
Bathrooms-2
Size-700-1100 sqft
Lot Size-21.97 × 131.14 ft
Listed on site-Oct 1, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Age-16-30
Taxes-$3,903.55 (2026)
Parking-3 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 B.J. ROTH REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Other
Sewer-Sewer
Possession-Flexible
Neighbourhood-Edgehill Drive
Title-Residential Freehold

No agent assigned

Welcome to this well maintained home located on a quiet, family friendly street in a desirable neighbourhood close to parks and everyday amenities. Inside and out, the home offers a great balance of space, function, and comfort. The main floor features an open concept layout with an eat in kitchen, new stainless steel appliances, and convenient access to the backyard through sliding glass doors. A main floor powder room adds extra practicality for both family living and guests. The fully fenced backyard is well maintained and offers a private space to relax, entertain, or enjoy time outdoors. A natural gas BBQ hookup makes summer entertaining easy, while direct access to the oversized one car garage adds an element of convenience. Upstairs, both bedrooms are impressively sized, with the primary featuring 2 large closets. The finished basement provides valuable additional living space that can be used as a recreation room, home office, playroom, or flexible family space. Additional highlights include a covered front porch, and a location that offers the benefit of a quiet residential setting in a desirable neighbourhood right in the heart of Barrie.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$412,000
Land Transfer Taxes$6,775
Legal Fees (Est.)
$
Total cash required for closing$111,275

Total Monthly Obligation

$2,778/mo
Mortgage $2,077
Monthly Loss $2,231
Principal$547
Interest$1,531
Property Tax$325
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-5.9%2
5-Year IRR
11.0%43
10-Year IRR
11.4%
Returns Index
22.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$29,760/yr
NOI
$18,380/yr
Net Cash Flow
-$546/mo
Cash Margin
-22.0%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7411
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo59
Risk Index
29.5/ 100

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

Comparables

Properties near 22 Ridwell Street

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.