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402 - 40 Ferndale Drive S

Ardagh, Barrie

$499,000

Condo Apartment |
3 | 2 | 1 | 1
About this home

RARE TOP-FLOOR CORNER PENTHOUSE OFFERING SUN-FILLED LIVING, MODERN COMFORTS, & NATURE AT YOUR DOORSTEP IN DESIRABLE ARDAGH! Welcome to this top-floor corner penthouse in the desirable Ardagh neighbourhood, celebrated for its peaceful atmosphere and everyday convenience. Just steps to public transit, schools, parks, and dining, and only minutes to downtown Barrie, you'll love being close to shopping, entertainment, Centennial Beach, shoreline trails, waterfront parks, and the Allandale GO Station for an easy commute. Set across from Bear Creek Eco Park and backed by forest, this home offers a serene natural backdrop. Inside, oversized windows fill the open-concept living and dining areas with light, while the adjoining kitchen keeps you connected to the heart of the home. Step out to your private balcony and enjoy the fresh air, or retreat to the spacious primary suite with its walk-in closet and 4-piece ensuite. Two additional bedrooms and a 3-piece bath add space for family, roommates, guests, or a home office. Everyday living is made simple with in-suite laundry, a secure underground parking space, and a dedicated storage locker. Building amenities such as a party room, playground, visitor parking, and inviting outdoor spaces for relaxation and gatherings add to the appeal of this exceptional home. Penthouse living with everyday convenience and nature at your doorstep - this #HomeToStay is ready to impress!

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. Age6-10
Size1400-1599 sq. ft.
Maintenance Fees$642
LockerExclusive
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$4,899
mls© NumberS12814600
Listed ByRE/MAX HALLMARK PEGGY HILL GROUP REALTY
Building Insurance Included

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%
$2,554
Property tax
$408
Heat allowance
$150
Condo fees, half counted
$321
Housing costs
$3,433 / mo

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

Down payment20% · $99,800
25-yr amortization

Income needed

$106,000

gross annual household income

Payment at 4%
$2,100 / mo
Cash down
$99,800

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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