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Price Change$649,900

14 Chippawa Court

North Shore, Barrie

$599,900

Detached|Bungalow-Raised
3 | 2 | 4
About this home

Beautiful Detached Raised Bungalow with a Park-Like Backyard and Walkout Basement Apartment on a Massive Lot, Just Steps from Lake Simcoe and the Beach! Enjoy peaceful living in this spacious 3-bedroom, 2-bath home located in one of Barrie's most sought-after east-end neighborhoods. Surrounded by mature trees on a quiet dead-end street, this family-friendly community offers excellent walkability to local amenities, parks, schools, Johnson's Beach, and transit. The open-concept main floor has been tastefully renovated, featuring a lovely dining area that opens onto a large patio-perfect for relaxing or entertaining while overlooking the expansive yard. Upstairs includes a laundry area, with a separate laundry space in the basement for convenience. The finished walkout basement features a bright, spacious recreation room with a cozy gas fireplace, a full bathroom with a glass shower, and a separate entrance. The basement apartment generates additional income, offering great potential for investment. Total rental income for both levels is $3,500/month. Main floor $2,200, basement $1,300 with approx. $400 for utilities. Enjoy easy access to Georgian College, Highway 400, downtown Barrie, and a variety of shops, restaurants, and parks. This rare and versatile property combines peaceful lakeside living with excellent investment opportunities!

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow-Raised
Approx. Age31-50
Size1100-1500 sq. ft.
Property Tax$5,252
Lot Size56.88 ft x 138 ft
mls© NumberS13236054
Listed ByRE/MAX REALTRON 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%
$3,071
Property tax
$438
Heat allowance
$150
Housing costs
$3,658 / mo

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

Down payment20% · $119,980
25-yr amortization

Income needed

$113,000

gross annual household income

Payment at 4%
$2,524 / mo
Cash down
$119,980

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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