35 Grasett Crescent, Barrie

$889,900
35 Grasett Crescent

$889,900

New
15d
Detached2-Storey

35 Grasett Crescent, Barrie

Total Monthly Obligation $4,553

Beds
6
Baths
4
Park
3
Sqft
2000-2500
DOM
15d
Score
16
Yield
4.0%
Cash on Cash
-7.5%
Cap Rate
3.0%
5Y IRR
9.6%
10Y IRR
10.0%
Property Type-Detached
MLS® Number-S13875090
Beds-6
Bathrooms-4
Size-2000-2500 sqft
Lot Size-33.62 × 135 ft
Listed on site-Oct 8, 2026
Style-2-Storey
Building Type-Detached
Taxes-$7,058.68 (2026)
Parking-5 - Attached
Basement-Apartment, Separate Entrance, Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK CHAY REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-Inground
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete, Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-West Bayfield
Title-Residential Freehold

No agent assigned

BACKYARD OASIS | LEGAL APARTMENT | FAMILY HOME & NEIGHBOURHOOD | Welcome to this spacious West Bayfield family home, offering nearly 2,400 sq. ft. above grade, a legal 2-bedroom lower level apartment, and an incredible backyard setting! Tucked away on a quiet crescent, this 4-bedroom, 2.5-bath home sits on a premium pie-shaped lot with no rear neighbours, creating a private setting with plenty of room for the whole family to enjoy. Spend summer days around the inground pool, entertain family and friends, or unwind in the evening while taking in beautiful sunsets over the open space beyond. Inside, generous principal rooms provide plenty of space for everyday family life, complemented by an updated kitchen and comfortable living areas. The fully finished legal basement apartment adds another level of versatility, featuring 2 bedrooms, a full kitchen and bath, separate private entrance and dedicated parking. Keep it as a self-contained suite for rental income, create a comfortable space for adult children or multigenerational living, or readily incorporate it into the home as additional recreation and family space. Recent improvements include roof shingles (2021), pool liner (2022), pool pump & heater (2024), plus a brand-new front door (2026). All of this in a family-friendly West Bayfield location close to schools, parks, shopping, transit, and Hwy 400. A fantastic opportunity for families looking for space to grow, a backyard to enjoy, and flexibility for the years ahead!

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

Closing Costs

Mortgage Amount
$711,920
Land Transfer Taxes$14,273
Legal Fees (Est.)
$
Total cash required for closing$193,753

Total Monthly Obligation

$4,553/mo
Mortgage $3,590
Monthly Loss $3,608
Principal$945
Interest$2,645
Property Tax$588
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.3%14
Cash-on-Cash
-11.6%0
5-Year IRR
6.5%16
10-Year IRR
7.9%
Returns Index
9.4/ 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
$36,000/yr
NOI
$20,841/yr
Net Cash Flow
-$1,853/mo
Cash Margin
-61.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.484
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo33
Risk Index
18.6/ 100

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

Comparables

Properties near 35 Grasett Crescent

Time

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