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Price Change$599,999

203 Southview Road

South Shore, Barrie

$575,000

Detached|Bungalow
3 | 1 | 4
About this home

Amazing opportunity for first time home buyers, investors and developers seeking prime property in a coveted waterfront location! Elegant, Charming 3-bedroom bungalow just steps to Minet's Point Beach and Barrie's scenic waterfront! Enjoy immediate access to the city's beautiful bike path, perfect for morning rides or sunset strolls along the lakeshore. Situated on a generous 50' X 150' premium lot, this home offers lakeside living at it's finest. The fully fenced backyard features two garden sheds and plenty of space for entertaining and evening gatherings around the fire pit or enjoy an evening soak in your new hot tub! A recently paved double-wide driveway provides parking for up to four vehicles. Inside the bright, sun-filled open concept living space boasts a vaulted ceiling with skylight and cozy gas fireplace. The home is finished in neutral tones with east-care laminate flooring throughout. Recent updates include a newer deck, concrete walkway, a newly renovated bathroom, several updated windows, and updated electrical panel. This home shows beautifully! Come and see what this beachside living community has to offer.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$4,065
Lot Size50 ft x 150 ft
mls© NumberS13233464
Listed ByCENTURY 21 B.J. ROTH 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%
$2,943
Property tax
$339
Heat allowance
$150
Housing costs
$3,432 / mo

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

Down payment20% · $115,000
25-yr amortization

Income needed

$106,000

gross annual household income

Payment at 4%
$2,420 / mo
Cash down
$115,000

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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