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Listed 6 months ago

201 Hanmer Street E

East Bayfield, Barrie

$799,999

Detached|Bungalow-Raised
3 | 2 | 4
About this home

LEGAL DUPLEX A great opportunity for homeowners and investors. This well-maintained bungalow offers flexibility, comfort, and income potential-perfect for living in one unit while renting the other, or adding a solid property to your investment portfolio. The main floor features 3 spacious bedrooms and 1 full bathroom, while the lower level includes a separate 2-bedroom, 1-bath suite with its own entrance. One unit is currently rented, and the other is vacant, giving you the option to move in right away or rent at the current market value. Minimum 24 hours' notice required for all showings. Seller makes no representations or warranties regarding retrofit status.**Interboard Listing: Windsor-Essex County Association of REALTORS**

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,532
Lot Size39.37 ft x 111.55 ft
mls© NumberS12780656
Listed ByCapital Wealth Realty

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,095
Property tax
$378
Heat allowance
$150
Housing costs
$4,622 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $160,000
25-yr amortization

Income needed

$142,000

gross annual household income

Payment at 4%
$3,367 / mo
Cash down
$160,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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