28 Harwood Drive, Barrie

$809,000
28 Harwood Drive

$809,000

New
8d
DetachedBungalow

28 Harwood Drive, Barrie

Total Monthly Obligation $4,094

Beds
5
Baths
3
Park
2
Sqft
1100-1500
DOM
8d
Score
18
Yield
4.7%
Cash on Cash
-4.3%
Cap Rate
3.7%
5Y IRR
12.1%
10Y IRR
11.9%
Property Type-Detached
MLS® Number-S14080202
Beds-5
Bathrooms-3
Size-1100-1500 sqft
Lot Size-49.86 × 119.74 ft
Listed on site-Oct 15, 2026
Style-Bungalow
Building Type-Detached
Age-16-30
Taxes-$5,463.49 (2025)
Parking-4 - Attached
Basement-Finished with Walk-Out, Full, Apartment, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP-ADMIRAL REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Living Room, Natural Gas
Pool-None
Facing-West
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flex Closing
Neighbourhood-Painswick North
Title-Residential Freehold

No agent assigned

Discover renovated comfort & exceptional outdoor living at 28 Harwood Drive, a spacious bungalow offering 1,350 sqft. in Barrie's desirable Painswick North neighbourhood. An interlock leads to a front patio, while hardwood, ceramic tile & broadloom flooring complement the main level. The living room features a gas fireplace & pot lights. Upgraded cabinetry, a ceramic backsplash & stainless steel appliances enhance the galley kitchen, which opens to a bright breakfast nook with access to the upper deck & included gazebo. A mudroom provides garage access, laundry & a separate entrance to the finished lower level. The primary bedroom offers broadloom, a generous closet, large windows & a 2-piece ensuite with porcelain flooring. Two front bedrooms feature picture windows, one with hardwood & the other with broadloom. A spa-like 4-piece bathroom with a soaker tub & glass walk-in shower completes the main level. The walkout lower level offers versatile space for extended family or potential rental income, subject to applicable approvals. Laminate flooring & pot lights fill the living areas & three bedrooms with double mirrored closets. The second kitchen features quartz countertops, a breakfast bar, stainless steel appliances & a custom backsplash, flowing into the open recreation area with a walkout to the lower deck & pergola. The private backyard is ideal for entertaining, relaxing or creating your own swim spa retreat. A 3-piece bathroom & second laundry area add convenience, along with an attached double garage & 4 car driveway. 6 outdoor cameras are included. Enjoy The Gables Trail & Barrie's Waterfront Heritage Trail for scenic walks, lake views & active living. Schools include Algonquin Ridge Elementary, Allandale Heights PS & Innisdale Secondary, with Allandale Recreation Centre, library services, shopping & restaurants nearby. Local public transit, Barrie South & Allandale Waterfront GO stations & HWY 400 offer convenient travel throughout Barrie & the GTA.

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

Closing Costs

Mortgage Amount
$647,200
Land Transfer Taxes$12,655
Legal Fees (Est.)
$
Total cash required for closing$175,955

Total Monthly Obligation

$4,094/mo
Mortgage $3,263
Monthly Loss $3,235
Principal$859
Interest$2,405
Property Tax$455
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.8%1
5-Year IRR
8.7%27
10-Year IRR
9.6%
Returns Index
14.8/ 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
$37,632/yr
NOI
$23,905/yr
Net Cash Flow
-$1,271/mo
Cash Margin
-40.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo37
Risk Index
20.9/ 100

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

Comparables

Properties near 28 Harwood Drive

Time

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