23 Downsview Drive, Barrie

$619,000
23 Downsview Drive

$619,000

New
15d
DetachedBungalow

23 Downsview Drive, Barrie

Total Monthly Obligation $3,295

HausQ Valuation Report
Beds
3
Baths
1
Park
3
Sqft
1100-1500
DOM
15d
Score
19
Yield
5.0%
Cash on Cash
-3.9%
Cap Rate
3.8%
5Y IRR
12.5%
10Y IRR
12.2%
Property Type-Detached
MLS® Number-S13875850
Beds-3
Bathrooms-1
Size-1100-1500 sqft
Lot Size-60 × 118 ft
Listed on site-Oct 8, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$5,077.56 (2026)
Parking-4 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK CHAY REALTY
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Codrington
Title-Residential Freehold

No agent assigned

Welcome to this thoughtfully renovated and beautifully maintained 3-bedroom detached bungalow, blending timeless charm with tasteful modern updates. A large front window fills the living room with natural light, while the fireplace and classic brush swirl ceilings add warmth and character. The newly renovated bathroom features quality tile work, and pride of ownership is evident throughout this clean, move-in-ready home. Outside, the fully fenced backyard offers privacy, space to entertain, and a generous garden shed for outdoor storage. An attached garage and oversized single driveway add everyday convenience. Ideally located just minutes from Barrie's waterfront and a short walk to Eastview Secondary School, this home is an excellent choice for first-time buyers, downsizers, or anyone seeking a well-cared-for property in an established neighbourhood.

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$
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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$495,200
Land Transfer Taxes$8,855
Legal Fees (Est.)
$
Total cash required for closing$134,155

Total Monthly Obligation

$3,295/mo
Mortgage $2,497
Monthly Loss $2,638
Principal$657
Interest$1,840
Property Tax$423
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-8.9%1
5-Year IRR
8.6%27
10-Year IRR
9.6%
Returns Index
14.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$30,720/yr
NOI
$18,070/yr
Net Cash Flow
-$991/mo
Cash Margin
-38.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo48
Risk Index
24.6/ 100

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

Comparables

Properties near 23 Downsview Drive

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.