254 Grove Street E, Barrie

$799,900
254 Grove Street E

$799,900

New
7d
DetachedSidesplit 4

254 Grove Street E, Barrie

Total Monthly Obligation $4,018

HausQ Valuation Report
Beds
5
Baths
2
Park
2
Sqft
1500-2000
DOM
7d
Score
17
Yield
4.1%
Cash on Cash
-6.4%
Cap Rate
3.2%
5Y IRR
10.5%
10Y IRR
10.6%
Property Type-Detached
MLS® Number-S14089320
Beds-5
Bathrooms-2
Size-1500-2000 sqft
Lot Size-109.3 × 54 ft
Listed on site-Oct 16, 2026
Style-Sidesplit 4
Building Type-Detached
Taxes-$4,998 (2025)
Parking-3 - Attached
Basement-Separate Entrance
Heating-Baseboard (Electric)
Brokerage-CENTURY 21 B.J. ROTH REALTY LTD.
Cooling-Wall Unit(s)
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick
Roof-Shingles
Foundation-Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Wellington
Title-Residential Freehold

No agent assigned

Welcome to 254 Grove Street East, a beautifully updated 5 bedroom, 2 bathroom home in a convenient Barrie location close to RVH, Georgian College, schools, shopping, restaurants and everyday amenities. The main floor was completely redone in 2025 with a new kitchen, flooring and electrical upgrades throughout. The upper bathroom was renovated to the studs in 2024, along with a new 200-amp electrical panel. The bright back room addition was renovated in 2023 and features three large skylights, its own heat pump for heating and A/C, plus a gas hookup for a future fireplace. The lower level offers a separate entrance, providing excellent potential for an in-law setup or additional living space. Other updates include replaced windows in the five bedrooms, a new front door, new carpeting throughout the lower levels and fresh paint throughout. Outside, improvements include new Big O drainage around the home, updated landscaping stone, new fencing on both sides and a completely replaced irrigation system. A spacious, extensively updated home in a fantastic Barrie location. Book your showing today!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$639,920
Land Transfer Taxes$12,473
Legal Fees (Est.)
$
Total cash required for closing$173,953

Total Monthly Obligation

$4,018/mo
Mortgage $3,227
Monthly Loss $3,169
Principal$849
Interest$2,378
Property Tax$417
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.7%1
5-Year IRR
7.2%19
10-Year IRR
8.4%
Returns Index
10.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$33,144/yr
NOI
$20,332/yr
Net Cash Flow
-$1,532/mo
Cash Margin
-55.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.535
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo38
Risk Index
20.6/ 100

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

Comparables

Properties near 254 Grove Street E

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.