203 Little Avenue, Barrie

$599,000
203 Little Avenue

$599,000

New
8d
DetachedBacksplit 4

203 Little Avenue, Barrie

Total Monthly Obligation $3,202

Beds
3
Baths
2
Park
2
Sqft
1500-2000
DOM
8d
Score
19
Yield
5.1%
Cash on Cash
-3.2%
Cap Rate
3.9%
5Y IRR
13.0%
10Y IRR
12.6%
Property Type-Detached
MLS® Number-S14080744
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-50 × 140 ft
Listed on site-Oct 15, 2026
Style-Backsplit 4
Building Type-Detached
Age-31-50
Taxes-$4,930.81 (2026)
Parking-4 - Attached
Basement-Full, Unfinished
Heating-Baseboard (Electric)
Brokerage-RE/MAX HALLMARK PEGGY HILL GROUP REALTY
Cooling-Wall Unit(s)
Laundry-No
Fireplace-Natural Gas, Living Room
Pool-None
Facing-South
Exterior-Brick, Vinyl Siding
Roof-Metal
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Allandale Heights
Title-Residential Freehold

No agent assigned

A BEAUTIFUL WOODED BACKDROP, NO DIRECT REAR NEIGHBOURS & OVER 1,500 SQ. FT. OF LIVING SPACE! Backing onto environmentally protected land, this three-bedroom backsplit sits on a 50 x 140 ft lot in Barrie's established Allandale Heights neighbourhood, within walking distance of schools, parks and Allandale Recreation Centre. The backyard is bordered by mature trees and features established gardens, a large lawn, a patio and a side deck, offering room for summer barbecues or afternoons spent outdoors. Attractive curb appeal comes courtesy of a brick-front exterior, metal roof, landscaped gardens, an unilock driveway and a stone front entrance, while the attached double-car garage provides inside entry through the main-floor laundry room. The backsplit design gives each living area its own cozy feel, with just a few steps separating the spaces while keeping them connected. Freshly painted throughout, the home features a dining area with a bay window overlooking the front yard, opening to a kitchen with warm wood cabinetry, a backsplash, a double sink and sightlines into the living room below. A few steps down, the living room centres around a gas fireplace with a brick surround, while French doors open directly to the backyard patio. A bedroom with a walk-in closet and 3-piece bathroom complete this level, making it a great option for guests or a home office. The upper level offers two generous bedrooms, including a primary bedroom with a walk-in closet and semi-ensuite access to a 4-piece bathroom. Allandale Waterfront GO Station, Centennial Park, Park Place and Highway 400 are also within easy reach, putting Barrie's waterfront, shopping and commuter connections just minutes from home.

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

Closing Costs

Mortgage Amount
$479,200
Land Transfer Taxes$8,455
Legal Fees (Est.)
$
Total cash required for closing$129,755

Total Monthly Obligation

$3,202/mo
Mortgage $2,416
Monthly Loss $2,566
Principal$636
Interest$1,780
Property Tax$411
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.4%1
5-Year IRR
9.1%29
10-Year IRR
9.9%
Returns Index
15.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$30,672/yr
NOI
$18,174/yr
Net Cash Flow
-$902/mo
Cash Margin
-35.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo50
Risk Index
25.3/ 100

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

Comparables

Properties near 203 Little Avenue

Time

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