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Investment signal

$13,850,000

359-363 DUCKWORTH STREET

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Beds

144

Baths

Sqft

—

Year

—

Type

Single Family

Suite

Investment signal

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Barrie (Grove East). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Rare student housing investment opportunity in Barrie, offering immediate cash flow. This offering includes two well-maintained, purpose-built apartment buildings located just seconds from Highway 400 and approximately 300 meters from Georgian College's main campus, with convenient access to all major amenities. Situated on just over one acre, the property comprises a total of 32 units, 144 beds, and 50 parking spaces. The building features a mix of four-and five - bedroom suites, each equipped with its own kitchen, furnace, and in-suite laundry. Showing by appointment only. (id:65958)

Subtype: Single Family
Structure: Other
Community: Grove East
Lot dimensions: 200 x 258 FT
Bedrooms: 99 above grade, 45 below grade
Parking: 50 total
On market: Apr 22, 2026
Status changed: Apr 22, 2026
Annual tax: $159,387.03
Zoning: RA1 (SP-457)
Photos: 23
MLS#: S13032490
Area: BARRIE_(GROVE_EAST)

Features and systems

Parking

GarageNo Garage

Basement

FinishedFullApartment in basementWalk outN/AN/A

Appliances

DishwasherDryerTwo stovesTwo WashersWater HeaterTwo Refrigerators

Heating

Forced airNatural gas

Cooling

None

Exterior

Brick

Foundation

Concrete

Lot

Flat siteLightingPaved yard

View

City view

Security

Smoke Detectors

Negative cash flow ~$14,094/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.11%

Cap rate

3.64%

GRM

16.7

Break-even rent

$84,085

Financing

Down payment$2,770,000

Loan amount$11,080,000

Mortgage$56,141/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$6,348

Insurance$80

Maintenance$11,542

CapEx reserve$5,771

Vacancy loss$3,463

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $56,141/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 22, 2026.