38 Black Willow Drive, Barrie

$749,999
38 Black Willow Drive

$749,999

New
17d
DetachedBungalow

38 Black Willow Drive, Barrie

Total Monthly Obligation $3,877

Beds
4
Baths
4
Park
2
Sqft
1100-1500
DOM
17d
Score
18
Yield
4.7%
Cash on Cash
-4.5%
Cap Rate
3.6%
5Y IRR
12.0%
10Y IRR
11.8%
Property Type-Detached
MLS® Number-S13869518
Beds-4
Bathrooms-4
Size-1100-1500 sqft
Lot Size-41 × 124 ft
Listed on site-Oct 6, 2026
Style-Bungalow
Building Type-Detached
Taxes-$5,723.26 (2026)
Parking-4 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-UNION CAPITAL REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Brick
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-Holly
Title-Residential Freehold

No agent assigned

Welcome to 38 Black Willow Drive, a charming detached bungalow nestled on a quiet, family-friendly street in Barrie's desirable Ardagh community. This well-designed home offers 3spacious bedrooms and 2.5 bathrooms, including a generous primary suite with a private 3-pieceensuite. The functional main-floor layout features convenient laundry and direct garage access, making everyday living a breeze. Step outside to a large private deck overlooking peaceful greenspace-the perfect setting for morning coffee, summer entertaining, or simply unwinding outdoors. The mostly finished lower level provides plenty of additional living space and features pot lights, a subfloor and an oversized bathroom with a relaxing soaker tub. Set on a generous lot and conveniently located close to parks, schools, shopping, everyday amenities and commuter routes. A wonderful opportunity to enjoy bungalow living in one of Barrie's established neighbourhoods!

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$599,999
Land Transfer Taxes$11,475
Legal Fees (Est.)
$
Total cash required for closing$162,975

Total Monthly Obligation

$3,877/mo
Mortgage $3,025
Monthly Loss $3,081
Principal$796
Interest$2,229
Property Tax$477
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%17
Cash-on-Cash
-9.1%1
5-Year IRR
8.5%26
10-Year IRR
9.4%
Returns Index
14.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$35,400/yr
NOI
$21,637/yr
Net Cash Flow
-$1,222/mo
Cash Margin
-41.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo40
Risk Index
21.6/ 100

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

Comparables

Properties near 38 Black Willow Drive

Time

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