122 Turnberry Lane, Barrie

$620,000
122 Turnberry Lane

$620,000

New
4d
Att/Row/Townhouse2-Storey

122 Turnberry Lane, Barrie

Total Monthly Obligation $3,300

Beds
3
Baths
3
Park
1
Sqft
1500-2000
DOM
4d
Score
19
Yield
5.1%
Cash on Cash
-3.2%
Cap Rate
3.9%
5Y IRR
13.1%
10Y IRR
12.6%
Property Type-Att/Row/Townhouse
MLS® Number-S14092700
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-18.05 × 173.33 ft
Listed on site-Oct 19, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Taxes-$5,092.24 (2026)
Parking-2 - Built-In
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-EXP REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-Flexible/TBD
Neighbourhood-Painswick South
Title-Residential Freehold

No agent assigned

Your search is over! Discover turnkey elegance in this beautifully designed townhome, ideally situated on a rare, extra-deep premium lot in one of Barrie's most desirable neighbourhoods. From the moment you step inside, you'll appreciate the thoughtful design and effortless flow of this inviting home. The open-concept main floor features rich hardwood flooring, elegant wrought-iron pickets, and a gourmet kitchen complete with granite countertops, stainless steel appliances, and a versatile centre island-perfect for everyday living or entertaining guests. Upstairs, comfort and functionality come together with the convenience of second-floor laundry and a peaceful primary retreat featuring a walk-in closet and spa-inspired 4-piece ensuite. Two additional generous bedrooms provide plenty of space for family, guests, or a dedicated home office. And then there's the location! Just steps from the GO Station, this home is ideal for commuters, while being only minutes from shopping, dining, everyday amenities, and scenic parks. Set on a premium deep lot and offering a wonderful combination of style, space, and convenience, this is a home designed for modern living. Move in, relax, entertain, and enjoy-this exceptional Barrie townhome truly checks all the boxes!

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

Closing Costs

Mortgage Amount
$496,000
Land Transfer Taxes$8,875
Legal Fees (Est.)
$
Total cash required for closing$134,375

Total Monthly Obligation

$3,300/mo
Mortgage $2,501
Monthly Loss $2,642
Principal$658
Interest$1,843
Property Tax$424
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.3%1
5-Year IRR
9.2%30
10-Year IRR
10.0%
Returns Index
16.1/ 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
$31,752/yr
NOI
$18,985/yr
Net Cash Flow
-$919/mo
Cash Margin
-34.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo48
Risk Index
24.8/ 100

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

Comparables

Properties near 122 Turnberry Lane

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.