













1/15355 LEACOCK DRIVE, Barrie (Letitia Heights), ON L4N5S6
Price on request
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Asset Class
Multifamily
Size
—
Building class
C
Zoning
RA9 — High Rise
$ / SF
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Occupancy
94%
Welcome to this bright, clean, and spacious three-bedroom main floor unit in a charming bungalow! Featuring a beautiful open-concept kitchen with stainless steel appliances, a gas cooktop stove, centre island, and built-in washer and dryer, this home offers both comfort and convenience. The separate dining room features elegant pocket doors, making it ideal for optional use as a home office or additional living space. All three bedrooms are generously sized, with one offering patio doors leading to a large, private deck-perfect for relaxing or entertaining. Enjoy two parking spaces, including a garage and driveway parking. The backyard is divided to provide separate outdoor spaces for the main floor and lower-level tenants, ensuring private use for each unit. Rent includes heat, hydro, water, and air conditioning! Conveniently located on a bus route, this home offers easy access to public transportation and everyday amenities. Don't miss this fantastic leasing opportunity! Available December 1, 2026. (id:66811)
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Monthly debt service
$7K
Projected NOI
$81K
Annual cash flow
$-2K
Cash-on-cash
-0.40%
DSCR
0.98
Going-in cap
5.42%
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.
Trade area within 3 miles of the property.
Population
42,794
Households
17,258
Median income
$112,500
Median age
36.7
Daytime population
55,783
5-yr growth
1%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 355 LEACOCK DRIVE, Barrie (Letitia Heights).
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.