237 Pringle Drive, Barrie

$739,900
237 Pringle Drive

$739,900

New
8d
DetachedBungalow

237 Pringle Drive, Barrie

Total Monthly Obligation $3,817

Beds
3
Baths
3
Park
2
Sqft
1100-1500
DOM
8d
Score
18
Yield
4.7%
Cash on Cash
-4.4%
Cap Rate
3.6%
5Y IRR
12.1%
10Y IRR
11.8%
Property Type-Detached
MLS® Number-S14081382
Beds-3
Bathrooms-3
Size-1100-1500 sqft
Lot Size-39.37 × 110.42 ft
Listed on site-Oct 15, 2026
Style-Bungalow
Building Type-Detached
Taxes-$5,492 (2025)
Parking-4 - Attached
Basement-Finished, Finished with Walk-Out, Separate Entrance, Apartment, Full, Walk-Out
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 B.J. ROTH REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-60-89 days
Neighbourhood-Edgehill Drive
Title-Residential Freehold

No agent assigned

Welcome To 237 Pringle Drive! This Bright & Spacious Hedbern-Built Bungalow Offers An Excellent Opportunity For Multi-Generational Living, Complete With A Vacant, Self-Contained 1-Bedroom In-Law Suite Featuring Its Own Living Area, Bathroom, Separate Laundry Hookups & Private Walkout Entrance! What Sets This Home Apart Is That The Main Residence Still Enjoys Its Own Finished Lower-Level Living Space, Complete With A Bar, Recreation Area & Separate Walkout To The Backyard, Providing Additional Space For Entertaining Or Relaxing Without Sacrificing The Entire Basement! The Main Floor Features A Bright, Open-Concept Layout With Large Windows Allowing An Abundance Of Natural Light, Laminate & Ceramic Flooring Throughout, Updated Light Fixtures & A Spacious Living & Dining Area. The Well-Appointed Kitchen Features Stainless Steel Appliances & A Natural Gas Stove Hookup, While Offering A Walkout To An Upgraded Rear Deck With A Convenient Natural Gas BBQ Hookup & Stairs Leading To The Backyard. Enjoy The Privacy Of The Backyard, Offering An Inviting Setting For Outdoor Dining, Relaxing & Entertaining. The Generous Primary Bedroom Features A Refreshed 4-Piece Ensuite & A Spacious Walk-In Closet. Extensive Updates Completed In 2018: Shingles, All Windows & Doors, Garage Doors, Light Fixtures, Zebra Blinds, Rear Deck, Primary Ensuite & In-Law Suite Bathroom. Additional Improvements: Furnace (2016), Stainless Steel Appliances (2015), Stove (2020) & Washer/Dryer (2020). Enjoy The Convenience Of An Owned On-Demand Hot Water System, Owned Water Softener & A Total Of Three Walkouts Throughout The Home! A Fantastic Opportunity For Extended Families Or Buyers Seeking Flexible Living Arrangements In An Established Barrie Neighbourhood! Please Note: The Property Is Currently Tenant-Occupied, With The Tenant Scheduled To Vacate By December 31, 2026. Some Listing Photos Have Been Digitally Edited To Remove Personal Belongings, Moving Boxes & Clutter As The Tenant Prepares To Move.

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

Closing Costs

Mortgage Amount
$591,920
Land Transfer Taxes$11,273
Legal Fees (Est.)
$
Total cash required for closing$160,753

Total Monthly Obligation

$3,817/mo
Mortgage $2,985
Monthly Loss $3,032
Principal$785
Interest$2,199
Property Tax$458
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%17
Cash-on-Cash
-9.0%1
5-Year IRR
8.5%26
10-Year IRR
9.5%
Returns Index
14.2/ 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
$34,908/yr
NOI
$21,425/yr
Net Cash Flow
-$1,199/mo
Cash Margin
-41.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo41
Risk Index
21.9/ 100

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

Comparables

Properties near 237 Pringle Drive

Time

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