24 Hopkins Road, Barrie

$629,900
24 Hopkins Road

$629,900

New
4d
Detached2-Storey

24 Hopkins Road, Barrie

Total Monthly Obligation $3,268

Beds
4
Baths
3
Park
2
Sqft
1500-2000
DOM
4d
Score
22
Yield
5.8%
Cash on Cash
0.5%
Cap Rate
4.7%
5Y IRR
16.0%
10Y IRR
15.0%
Property Type-Detached
MLS® Number-S14094968
Beds-4
Bathrooms-3
Size-1500-2000 sqft
Lot Size-39.66 × 110 ft
Listed on site-Oct 19, 2026
Style-2-Storey
Building Type-Detached
Age-31-50
Taxes-$4,221 (2025)
Parking-3 - Built-In
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-PARKER COULTER REALTY BROKERAGE INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Grove East
Title-Residential Freehold

No agent assigned

Nestled in a highly sought-after family-friendly east-end neighbourhood, this well-maintained detached home offers the perfect combination of comfort, space, and convenience. Ideally located close to Royal Victoria Regional Health Centre, Georgian College, downtown Barrie, Highway 400, and within walking distance to Hickling Park, this property is perfectly suited for growing families and commuters alike. Offering approximately 2,100 square feet of finished living space, the home features three bedrooms on the upper level plus an additional bedroom in the recently renovated basement, along with two full bathrooms and a convenient main-floor powder room. An oversized attached garage provides inside entry, while a welcoming front deck leads to a covered porch and spacious foyer with a double closet. The bright, open-concept main floor is designed for everyday living and entertaining, featuring a generous eat-in kitchen with a moveable island, an adjoining dining area with a walkout to the fully fenced backyard, and a spacious living room accented by hardwood flooring. The private backyard with mature trees, a large stone patio, and a storage shed, creates an ideal setting for outdoor gatherings and family enjoyment. Upstairs, you'll find three well-proportioned bedrooms served by a beautifully renovated four-piece family bathroom. The recently updated lower level expands the living space with a large recreation room featuring new vinyl flooring, a forth bedroom, a three-piece bathroom, and a dedicated laundry area, making it ideal for guests, teenagers, or extended family. Numerous recent updates provide added value and peace of mind, including roof shingles (2020), a garage door (2021), driveway (2021), furnace (2015), eavestroughs (2025), an owned hot water tank (2025), and a new dishwasher (2026). Move-in ready and thoughtfully updated throughout, this exceptional home offers outstanding value in one of Barrie's most convenient and desirable neighbourhoods.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$503,920
Land Transfer Taxes$9,073
Legal Fees (Est.)
$
Total cash required for closing$136,553

Total Monthly Obligation

$3,268/mo
Mortgage $2,541
Monthly Loss $2,599
Principal$669
Interest$1,872
Property Tax$352
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.8%25
Cash-on-Cash
-4.8%2
5-Year IRR
11.9%49
10-Year IRR
12.1%
Returns Index
25.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$36,408/yr
NOI
$24,046/yr
Net Cash Flow
-$537/mo
Cash Margin
-17.7%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7914
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo48
Risk Index
26.8/ 100

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

Comparables

Properties near 24 Hopkins Road

Time

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Data last updated within the past 24 hours.