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Listed 2 months ago

24 Ludlow Drive

Rural Barrie Southeast, Barrie

$927,700

Detached|2-Storey
4 | 4 | 4
About this home

Amazing LEGAL DUPLEX Detached Home In The Highly Desirable South East End Of Barrie.Introducing 24 Ludlow Drive, This Bright & Tastefully Designed 2 Storey Home Features 4Spacious Bedrooms And 3 Bathrooms. Beautiful Finishes Throughout This Home, Including 9ftCeilings On The Main Floor, Upgraded Flooring , Convenience Of Upper Laundry And Much More.Entertainers Paradise With Open Concept Main Floor Layout Combined Living & Dining Space WithWalk Out To Backyard. Kitchen Is Large With Breakfast Bar And Stainless Steel Appliances.Upper Level Offers A Spacious Bedrooms With Large Closets. Your Separate Entrance BasementOffers A Spacious Bedroom With Open Concept Living Area With A Full Kitchen And Bath MakingThis Legal Duplex An Excellent Opportunity For Rental Income. Great Location, Surrounded ByAll Newly Built Homes, Close To Amenities, Schools, Parks, & 400 Access. Please Don't Wait ToEnjoy Your New Home In The Up And Coming Sought Out Neighbourhood.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. Age0-5
Size2000-2500 sq. ft.
Property Tax$5,760
Lot Size32.81 ft x 91.86 ft
mls© NumberS13447292
Listed ByENGEL & VOLKERS TORONTO CITY

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%
$4,748
Property tax
$480
Heat allowance
$150
Housing costs
$5,378 / mo

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

Down payment20% · $185,540
25-yr amortization

Income needed

$165,000

gross annual household income

Payment at 4%
$3,904 / mo
Cash down
$185,540

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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