41 Ferndale Drive S 303, Barrie

$349,900
41 Ferndale Drive S 303

$349,900

New
15d
Condo Apartment1 Storey/Apt

41 Ferndale Drive S 303, Barrie

Total Monthly Obligation $2,263

Beds
1
Baths
1
Park
1
Sqft
700-799
DOM
15d
Score
22
Yield
7.0%
Cash on Cash
-0.9%
Cap Rate
4.4%
5Y IRR
14.8%
10Y IRR
14.0%
Property Type-Condo Apartment
MLS® Number-S13878258
Beds-1
Bathrooms-1
Size-700-799 sqft
Listed on site-Oct 8, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-11-15
Taxes-$2,936 (2026)
Maintenance-$406.95/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 B.J. ROTH REALTY LTD.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-immediate
Neighbourhood-Ardagh
Title-Residential Condo & Other

No agent assigned

Welcome to Suite 303 at The Manhattan Condominiums, one of Barrie's most sought after condo communities, beautifully surrounded by the tranquility of Eco Park. This thoughtfully designed 1 bedroom suite offers the perfect blend of modern style, comfort, and convenience. Featuring 9 foot ceilings, upgraded laminate flooring throughout, quartz counters, stylish backsplash, and designer light fixtures, the suite is bright, inviting, and move in ready. The open concept layout creates a seamless flow between the kitchen, dining, and living areas, making it equally ideal for everyday living or entertaining. The spacious primary bedroom offers a comfortable and private retreat, while the private third floor balcony provides the perfect outdoor escape. Enjoy your morning coffee, unwind after a long day, or fire up the BBQ while overlooking the beautifully maintained grounds and surrounding green space. This suite also includes one underground parking space and a private storage locker. Ideally located just minutes from Highway 400, shopping, restaurants, public transit, GO Station, parks, and recreational amenities, The Manhattan offers an exceptional lifestyle surrounded by nature while keeping everything you need close by. Experience the comfort, convenience, and tranquility that make The Manhattan Condominiums such a desirable place to call home.

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

Closing Costs

Mortgage Amount
$279,920
Land Transfer Taxes$3,724
Legal Fees (Est.)
$
Total cash required for closing$75,204

Total Monthly Obligation

$2,263/mo
Mortgage $1,411
Monthly Loss $1,892
Principal$371
Interest$1,040
Property Tax$245
Condo Fees$407
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.4%21
Cash-on-Cash
-6.8%1
5-Year IRR
10.5%39
10-Year IRR
11.2%
Returns Index
20.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$24,504/yr
NOI
$11,834/yr
Net Cash Flow
-$425/mo
Cash Margin
-20.8%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7010
LTV Ratio
80.0%18
Vacancy Buffer
4.2 mo73
Risk Index
33.6/ 100

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

Comparables

Properties near 41 Ferndale Drive S 303

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.