58 Lakeside Terrace 1011, Barrie

$399,888
58 Lakeside Terrace 1011

$399,888

Price Change
15d
Condo ApartmentApartment

58 Lakeside Terrace 1011, Barrie

Total Monthly Obligation $2,956

Beds
2
Baths
2
Park
1
Sqft
900-999
DOM
15d
Score
18
Yield
7.1%
Cash on Cash
-5.8%
Cap Rate
3.3%
5Y IRR
11.0%
10Y IRR
11.0%
Property Type-Condo Apartment
MLS® Number-S13878424
Beds-2
Bathrooms-2
Size-900-999 sqft
Listed on site-Oct 8, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$4,136 (2025)
Maintenance-$798.14/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-BAY STREET GROUP INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Concrete Poured
Possession-Immediate
Neighbourhood-Little Lake
Title-Residential Condo & Other

No agent assigned

Welcome to Suite 1011 at 58 Lakeside Terrace, a bright and spacious lakeside retreat in Barrie's highly sought-after LakeVu Condo building. With 963 sq ft of living space, this 2 bedroom, 2 bathroom suite is one of the larger layouts at LakeVu, offering more room to live, work and entertain than a typical condo. The open concept living and dining area is filled with natural light, perfect for relaxing at the end of the day or entertaining family and friends. The modern kitchen features sleek stainless steel appliances and flows into the main living space. The primary bedroom is a true private retreat with its own ensuite. The spacious second bedroom and full second bathroom are ideal for guests, a home office or visiting family. Ensuite laundry adds everyday convenience. One underground parking space is included on P1 with easy access, plus EV charging available. The entire garage is heated, including the driveway ramp, so there's no scraping snow off the car and no icy entrance all winter long. LakeVu offers exceptional amenities, including a fully equipped fitness centre, party room, pet wash station, guest suites, visitor parking and a stunning rooftop terrace and breathtaking views of Little Lake. Step outside and you're moments from the waterfront trails, and only minutes from RVH, Georgian College, North Barrie Crossing shopping, restaurants, a cinema and Hwy 400 for an easy commute. This is an ideal fit for empty nesters seeking low maintenance, hassle-free living in retirement, young professionals wanting comfort, convenience and quick commuter access, first-time buyers ready to step into ownership, and investors looking for a high-demand location. Space, comfort and lakeside living all come together here.

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

Closing Costs

Mortgage Amount
$319,910
Land Transfer Taxes$4,473
Legal Fees (Est.)
$
Total cash required for closing$85,951

Total Monthly Obligation

$2,956/mo
Mortgage $1,613
Monthly Loss $2,531
Principal$424
Interest$1,189
Property Tax$345
Condo Fees$798
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.4%0
5-Year IRR
7.2%19
10-Year IRR
8.7%
Returns Index
10.6/ 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
$28,548/yr
NOI
$9,580/yr
Net Cash Flow
-$815/mo
Cash Margin
-34.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.495
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo55
Risk Index
26.0/ 100

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

Comparables

Properties near 58 Lakeside Terrace 1011

Time

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Data last updated within the past 24 hours.