1/14MAIN - 16 BANNISTER ROAD, Barrie
MAIN - 16 BANNISTER ROAD, Barrie, ON L9J0L4
Price on request
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Asset Class
Multifamily
Size
—
Building class
A
Zoning
RA9 — High Rise
$ / SF
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Occupancy
87%
About this property
Welcome to 16 Bannister, a beautifully maintained legal duplex built by the builder and just 4 years old. This bright and spacious home has been exceptionally cared for by the previous tenants and is presented in immaculate condition. Features include solid hardwood flooring, quartz countertops, stainless steel appliances, large windows providing plenty of natural light, and plush carpeting in the bedrooms. Enjoy exclusive access to the backyard, along with your own private full-size laundry and separate thermostat for added comfort and convenience. Includes a single-car garage and one side of the driveway for additional parking. A fantastic opportunity to lease a modern, well-maintained home with quality finishes and excellent privacy. Available immediately. Tenant responsible for 40% of all utilities (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$72K
Annual cash flow
$-11K
Cash-on-cash
-2.40%
DSCR
0.87
Going-in cap
4.82%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Area demographics
Trade area within 3 miles of the property.
Population
80,931
Households
36,216
Median income
$77,500
Median age
38.8
Daytime population
89,319
5-yr growth
9%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for MAIN - 16 BANNISTER ROAD, Barrie.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.