The purpose of this study is to present the simulation results and an overview of the performance assessment of the Ground-Source Heat Pump(GSHF) system. The calculation was performed for two design factors: the spacing between boreholes and the depth of the vertical ground heat exchangers. And the simulation was carried out using the thermal simulation code TRNSYS with new model of water to water heat pump developed by this study. As a result, it was anticipated that the yearly mean COPs of heat pump for heating and cooling are about 3.7 and 5.8 respectively and the heat pump can supply 100% of heating and cooling load all the year around.