28 Alexander Avenue, Barrie

$649,999
28 Alexander Avenue

$649,999

New
14d
DetachedBungalow

28 Alexander Avenue, Barrie

Total Monthly Obligation $3,402

HausQ Valuation Report
Beds
2
Baths
2
Park
2
Sqft
700-1100
DOM
14d
Score
16
Yield
3.4%
Cash on Cash
-10.5%
Cap Rate
2.3%
5Y IRR
7.3%
10Y IRR
8.2%
Property Type-Detached
MLS® Number-S13884416
Beds-2
Bathrooms-2
Size-700-1100 sqft
Lot Size-60 × 100 ft
Listed on site-Oct 9, 2026
Style-Bungalow
Building Type-Detached
Age-31-50
Taxes-$4,856 (2025)
Parking-3 - Detached
Basement-Separate Entrance, Unfinished
Heating-Forced Air (Gas)
Brokerage-EXP REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Codrington
Title-Residential Freehold

No agent assigned

This beautifully updated two-bedroom bungalow is being offered for the first time ever - a rare opportunity to own a home that has been loved and cared for by one family for decades. That kind of stewardship shows in every detail. The main floor features two spacious bedrooms, a bright living and dining area, and a kitchen with stainless steel appliances. Two washrooms provide flexibility, including an en-suite opportunity, and the upper laundry adds everyday convenience. The super private backyard is perfect for relaxing or entertaining, and the detached garage offers secure storage. The basement offers a real opportunity for a separate apartment - a separate entrance is already in place, making it easy to create a rental unit, in-law suite, or income-generating space. Easy access to public schools makes this ideal for families, while the east-end location keeps you close to shopping, parks, and quick routes to Highway 400.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$519,999
Land Transfer Taxes$9,475
Legal Fees (Est.)
$
Total cash required for closing$140,975

Total Monthly Obligation

$3,402/mo
Mortgage $2,622
Monthly Loss $2,712
Principal$690
Interest$1,932
Property Tax$405
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.6%10
Cash-on-Cash
-15.0%0
5-Year IRR
4.0%8
10-Year IRR
6.0%
Returns Index
5.4/ 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
$22,128/yr
NOI
$10,559/yr
Net Cash Flow
-$1,742/mo
Cash Margin
-94.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.343
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo47
Risk Index
22.7/ 100

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

Comparables

Properties near 28 Alexander Avenue

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.