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Painswick North, Barrie
$638,800
Welcome to 224 Foster Drive! The home sits on a 300 foot lot that is simply fabulous with no neighbours behind. Located just a 5 minute walk to Macdonalds, Tim hortons, restaurants and shopping, with Kempenfelt Bay beach just a 5 minute drive! The back deck and garage overlook the amazing backyard equipped with a full 2 storey bunkie! The main house has 2 bedrooms upstairs and one downstairs. A large foyer entrance, leads to the eat-in kitchen. There is a good size living room and a nicely finished main floor 4 piece bath. There is also a sitting sunroom on the main floor. Downstairs has a generous size recroom space, a very large laundry room space that can be converted to make the basement finished area larger. There is also a bedroom on the lower level. The separate garage has a gas fireplace and overlooks the huge rear yard. The back deck is a good size with a garden bar! At the rear of the property is a good size bunkie. It is completely finished on the outside, just needs finishing touches and is ready for the insulation to be installed. Perfect for a family member or friend! It is a 300 foot lot so lots of space for all your activities! Definite multiple unit possibilities. Definately worth a viewing!
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 700-1100 sq. ft. |
| Property Tax | $4,240 |
| Lot Size | 60.01 ft x 300.05 ft |
| mls© Number | S13212756 |
| Listed By | ONE PERCENT REALTY LTD. |
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%
- $3,270
- Property tax
- $353
- Heat allowance
- $150
- Housing costs
- $3,773 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$116,000
gross annual household income
- Payment at 4%
- $2,688 / mo
- Cash down
- $127,760
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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