24 Laurie Crescent, Barrie

$638,000
24 Laurie Crescent

$638,000

New
18d
DetachedBungalow

24 Laurie Crescent, Barrie

Total Monthly Obligation $3,374

Beds
4
Baths
2
Park
4
Sqft
1100-1500
DOM
18d
Score
20
Yield
5.4%
Cash on Cash
-1.7%
Cap Rate
4.2%
5Y IRR
14.2%
10Y IRR
13.5%
Property Type-Detached
MLS® Number-S13861836
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-41 × 103 ft
Listed on site-Oct 5, 2026
Style-Bungalow
Building Type-Detached
Age-31-50
Taxes-$5,111 (2025)
Parking-5 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-FARIS TEAM REAL ESTATE BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Wellington
Title-Residential Freehold

No agent assigned

Top 5 Reasons You Will Love This Home: 1) Perfectly positioned directly across from Macmorrison Park, featuring a playground, baseball diamond, and horseshoe pits, while also being within walking distance to local schools, shopping, dining, everyday amenities, and the shores of Lake Simcoe for an exceptionally convenient lifestyle 2) Well-cared-for bungalow showcasing a bright and spacious open-concept layout that seamlessly connects the principal living areas, creating an inviting atmosphere for both everyday living and entertaining 3) Expansive family room designed as the heart of the home, presenting plenty of space to gather with family and friends while enjoying the warmth and ambiance of a cozy gas fireplace 4) Generous primary bedroom retreat complete with semi-ensuite access to a well-appointed bathroom featuring a relaxing jet tub, providing the perfect space to unwind and recharge 5) Move-in ready home featuring a functional layout, attached single-car garage with inside entry, double-wide driveway accommodating four vehicles, and a sizeable backyard with abundant greenspace, all within easy reach of Highway 400 and public transit for hassle-free commuting. 1,321 above grade sq.ft. plus a finished basement. *Please note some images have been virtually staged to show the potential of the home.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$510,400
Land Transfer Taxes$9,235
Legal Fees (Est.)
$
Total cash required for closing$138,335

Total Monthly Obligation

$3,374/mo
Mortgage $2,574
Monthly Loss $2,697
Principal$677
Interest$1,896
Property Tax$426
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.4%21
Cash-on-Cash
-6.8%1
5-Year IRR
10.3%37
10-Year IRR
10.8%
Returns Index
19.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$34,572/yr
NOI
$21,504/yr
Net Cash Flow
-$782/mo
Cash Margin
-27.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7010
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo47
Risk Index
25.0/ 100

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

Comparables

Properties near 24 Laurie Crescent

Time

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Data last updated within the past 24 hours.