151 Bayview Drive, Barrie

$729,100
151 Bayview Drive

$729,100

New
14d
DetachedBungalow

151 Bayview Drive, Barrie

Total Monthly Obligation $3,690

Beds
5
Baths
2
Park
3
Sqft
700-1100
DOM
14d
Score
18
Yield
4.6%
Cash on Cash
-4.3%
Cap Rate
3.7%
5Y IRR
12.1%
10Y IRR
11.9%
Property Type-Detached
MLS® Number-S13883794
Beds-5
Bathrooms-2
Size-700-1100 sqft
Lot Size-44 × 165 ft
Listed on site-Oct 9, 2026
Style-Bungalow
Building Type-Detached
Taxes-$4,489 (2025)
Parking-4 - Attached
Basement-Apartment, Full, Walk-Up, Finished, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-HOMELIFE/MIRACLE REALTY LTD
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-Allandale Heights
Title-Residential Freehold

No agent assigned

Welcome to 151 Bayview Dr in established Allandale Heights - a versatile 3+2 bedroom, 2-bath detached bungalow on a deep 44 x 165 ft lot with an attached garage and 4-car parking. The bright main level offers spacious living and dining areas, a family-size kitchen, 3 bedrooms and a 4-pc bath.Registered two-unit house. A separate side entrance leads to the finished lower level with its own kitchen, living area, 2 bedrooms and newly renovated 3-pc bath offering excellent flexibility for multigenerational living or potential rental income/mortgage support.Extensive improvements include roof replacement, attic insulation, new windows, new lower-level flooring, renovated lower bath, storm door, porch tile and new main-floor dishwasher; main-floor flooring is approximately 2 years old. Enjoy the fenced yard with fruit-bearing plants and a lush garden, along with an excellent location close to schools, parks, Allandale Recreation Centre, public transit, shopping, Barrie's waterfront, Allandale Waterfront GO and Hwy 400.A well-maintained home offering space, flexibility and long-term value live comfortably on the main floor, accommodate extended family, or explore the benefits of the separate lower-level suite.

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

Closing Costs

Mortgage Amount
$583,280
Land Transfer Taxes$11,057
Legal Fees (Est.)
$
Total cash required for closing$158,377

Total Monthly Obligation

$3,690/mo
Mortgage $2,941
Monthly Loss $2,916
Principal$774
Interest$2,167
Property Tax$374
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%26
10-Year IRR
9.5%
Returns Index
14.4/ 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
$33,636/yr
NOI
$21,283/yr
Net Cash Flow
-$1,167/mo
Cash Margin
-41.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo42
Risk Index
22.5/ 100

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

Comparables

Properties near 151 Bayview Drive

Time

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