63 Ferris Lane B1, Barrie

$350,000
63 Ferris Lane B1

$350,000

New
14d
Condo Townhouse2-Storey

63 Ferris Lane B1, Barrie

Total Monthly Obligation $2,457

Beds
3
Baths
2
Park
1
Sqft
1000-1199
DOM
14d
Score
22
Yield
7.8%
Cash on Cash
-0.3%
Cap Rate
4.5%
5Y IRR
15.3%
10Y IRR
14.4%
Property Type-Condo Townhouse
MLS® Number-S13884928
Beds-3
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 9, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-51-99
Taxes-$2,465.41 (2026)
Maintenance-$639.45/mo
Locker-None
Parking-2 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK PEGGY HILL GROUP REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Vinyl Siding
Possession-Flexible
Neighbourhood-Cundles East
Title-Residential Condo & Other

No agent assigned

LOW-MAINTENANCE LIVING WITH THOUGHTFUL UPDATES! 63 Ferris Lane B1 is a thoughtfully updated 2-storey end-unit condo townhome in Barrie's north end, offering an attached garage, one driveway parking space and a low-maintenance approach to homeownership. Recently painted and finished with newer flooring, the main level offers a generous living room opening to the dining area and a white kitchen appointed with stainless steel appliances, ample cabinetry and a mosaic tile backsplash. A walkout from the kitchen leads directly to the deck and fully fenced backyard, giving you an inviting outdoor extension of the home when warmer weather arrives. Upstairs, three large bedrooms are served by a 5-piece bathroom with a dual-sink vanity, offering comfortable space for families, guests or a home office. The renovated finished basement adds another versatile living area, with laundry and storage conveniently positioned nearby. Monthly maintenance fees cover water and garbage pickup, along with landscaping and snow plowing on the main roads, while Rogers Ignite 1Gb internet and Rogers cable TV are also included. With thoughtful updates already completed and much of the exterior upkeep taken care of, this move-in-ready home makes ownership refreshingly straightforward.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$280,000
Land Transfer Taxes$3,725
Legal Fees (Est.)
$
Total cash required for closing$75,225

Total Monthly Obligation

$2,457/mo
Mortgage $1,412
Monthly Loss $2,085
Principal$372
Interest$1,040
Property Tax$205
Condo Fees$639
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.5%22
Cash-on-Cash
-6.4%2
5-Year IRR
10.9%42
10-Year IRR
11.6%
Returns Index
21.8/ 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
$27,372/yr
NOI
$12,096/yr
Net Cash Flow
-$404/mo
Cash Margin
-17.7%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7110
LTV Ratio
80.0%18
Vacancy Buffer
3.9 mo67
Risk Index
31.9/ 100

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

Comparables

Properties near 63 Ferris Lane B1

Time

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