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40 Brennan Avenue

South Shore, Barrie

$549,000

Detached|2-Storey
3 | 1 | 6
About this home

ATTENTION! ATTENTION! BUIULDERS, RENOVATORS, First time home buyers and buyers to have the chance to make your dream home. Do not miss in this Fixer-Upper opportunity. Nested in South shore Barrie, surrounded by luxury homes. This is a rare offering, overlooking Kempenfelt Bay and Steps From The Beach. Close to shopping areas, Public transportation , restaurants, public and private schools, Trails and parks, playground. Plenty of natural light throughout the house., Large Deck with lake view. (access to the water). So much potential awaits in this Sought-After Neighborhood! Motivated seller

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,151
Lot Size75 ft x 100 ft
mls© NumberS12846554
Listed ByWEB MAX REALTY INC.

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%
$2,810
Property tax
$346
Heat allowance
$150
Housing costs
$3,306 / mo

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

Down payment20% · $109,800
25-yr amortization

Income needed

$102,000

gross annual household income

Payment at 4%
$2,310 / mo
Cash down
$109,800

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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