For Sale · Multifamily

15 VALLEYBROOK ROAD, Barrie

15 VALLEYBROOK ROAD, Barrie, ON L9J0L4

$849,000 total

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Asset Class

Multifamily

Size

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Building class

B

Zoning

RF6 — Medium Density

$ / SF

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Occupancy

82%

About this property

Bright and Open Concept Duplex by Tiffany Homes, designed with a striking architectural style and thoughtful layout. Each unit features meticulously crafted floor plans with separate laundry areas, fully equipped kitchens with top-of-the-line appliances, and exquisite engineered hardwood floors beneath soaring 9-foot ceilings on the main level-creating an atmosphere of unparalleled luxury and comfort. The home's curb appeal is equally impressive,showcasing a covered front porch and a spacious second-level balcony, perfect for unwinding or hosting outdoor gatherings. The unfinished basement offers room to create additional living space, with the possibility of adding a separate side entrance. Situated in Barrie's highly desirable southeast end, residents benefit from quick access to Barrie South GO Station and Highway 400,ensuring unparalleled convenience for commuters and potential tenants. Nestled in Barrie's highly sought-after southeast end, residents enjoy effortless access to Barrie South GO Station and Highway 400, ensuring unbeatable convenience for commuters and attracting potential tenants.Main floor is Vacant. Upper level is tenant occupied. (id:66811)

Financial sandbox

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Estimate
Purchase price$849K
Down payment30% · $255K
Interest rate6.25%
Amortization25 years
Occupancy82%
Expense growth2.5%

Monthly debt service

$4K

Projected NOI

$32K

Annual cash flow

$-15K

Cash-on-cash

-5.98%

DSCR

0.68

Going-in cap

3.75%

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

69,307

Households

27,932

Median income

$84,000

Median age

42.3

Daytime population

60,955

5-yr growth

4.9%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 15 VALLEYBROOK ROAD, Barrie.

NDA required
  • 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.