42 Ferndale Drive S 212, Barrie

$480,000
42 Ferndale Drive S 212

$480,000

New
15d
Condo ApartmentApartment

42 Ferndale Drive S 212, Barrie

Total Monthly Obligation $3,216

Beds
3
Baths
2
Park
1
Sqft
1400-1599
DOM
15d
Score
23
Yield
7.9%
Cash on Cash
1.1%
Cap Rate
4.8%
5Y IRR
16.4%
10Y IRR
15.3%
Property Type-Condo Apartment
MLS® Number-S13874982
Beds-3
Bathrooms-2
Size-1400-1599 sqft
Listed on site-Oct 8, 2026
Style-Apartment
Building Type-Condo Apartment
Age-11-15
Taxes-$4,941.4 (2026)
Maintenance-$667.81/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-FARIS TEAM REAL ESTATE BROKERAGE
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Other
Possession-Flexible
Neighbourhood-Ardagh
Title-Residential Condo & Other

No agent assigned

Top 5 Reasons You Will Love This Condo: 1) Make the most of the spacious balcony with morning sunshine and welcome afternoon shade, creating a comfortable outdoor space to relax throughout the day while enjoying peaceful views toward mature trees and Eco Park 2) Offering the added space and natural light of a corner unit, the thoughtfully designed layout features a galley-style kitchen with granite countertops and convenient pull-out storage, a separate dining room, a spacious living area, and three well-sized bedrooms, with the flexibility to use one as a den or home office 3) Enjoy an exceptionally convenient location close to scenic walking trails, grocery stores, restaurants, shopping, and everyday amenities, with quick access to Highway 400 for easy commuting 4) Retreat to the generously sized primary bedroom featuring ensuite access and a large walk-in closet complete with built-in drawers and shelving for plenty of organized storage 5) Added everyday convenience comes with underground parking and a dedicated storage locker, complemented by ample visitor parking for family and friends. 1,452 fin.sq.ft.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$384,000
Land Transfer Taxes$6,075
Legal Fees (Est.)
$
Total cash required for closing$103,575

Total Monthly Obligation

$3,216/mo
Mortgage $1,936
Monthly Loss $2,706
Principal$510
Interest$1,427
Property Tax$412
Condo Fees$668
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.9%26
Cash-on-Cash
-4.4%3
5-Year IRR
12.4%53
10-Year IRR
12.8%
Returns Index
27.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$37,800/yr
NOI
$18,665/yr
Net Cash Flow
-$381/mo
Cash Margin
-12.1%0
Cash Flow Index
0.4/ 100
Risk Profile
Weight: 20%
DSCR
0.8014
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo49
Risk Index
27.3/ 100

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

Comparables

Properties near 42 Ferndale Drive S 212

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.