56 Hemingway Crescent
Letitia Heights, Barrie
$689,000
Welcome to this beautifully maintained detached home offering approximately 1,100 sqft. of comfortable living space in a desirable Barrie neighbourhood. This property features 3 spacious bedrooms and 3 well-appointed washrooms, making it ideal for families or investors alike.The main level offers a functional layout with bright living and dining areas, perfect for everyday living and entertaining. The home also includes a separate entrance leading to a fully finished basement studio, providing excellent potential for rental income, in-law living, or a private workspace.Enjoy the convenience of three parking spaces ensuring ample room for multiple vehicles.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $3,741 |
| Lot Size | 39.25 ft x 100.65 ft |
| mls© Number | S12993196 |
| Listed By | RIGHT AT HOME 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%
- $3,527
- Property tax
- $312
- Heat allowance
- $150
- Housing costs
- $3,988 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$123,000
gross annual household income
- Payment at 4%
- $2,899 / mo
- Cash down
- $137,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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