48 Alfred Street
City Centre, Barrie
$869,900
LEGAL DUPLEX FINISHED TO PERFECTION ON A LARGE 66 X 165 FEET LOT! CENTURY HOME WITH LOFT, THOUSANDS SPENT TO RESTORE THIS STUNNING HOME, BONUS 16 X 22 TWO STORY BARN WITH HYDRO, 10 X 12 INSULATED SHED WITH HYDRO, 2 KITCHENS, 2 LAUNDRY ROOMS, APPLIANCES, OWNER HAS A PERMIT FOR A 2 BED GARDEN SUITE, LOWER LEVEL IS AIRBNB $2550 MONTH, UPPER LEVEL A1 TENANT SHORT TERM AT $2550 MONTH, FULLY FURNISHED BOTH LEVELS WITH BEDDING/POTS/PANS ETC SHOWS 10 ++ YOU WON'T BE DISAPPOINTED!!
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| Type | Detached |
| Style | 2 1/2 Storey |
| Approx. Age | 100+ |
| Size | 2000-2500 sq. ft. |
| Property Tax | $8,245 |
| Lot Size | 66 ft x 165 ft |
| mls© Number | S13447610 |
| Listed By | SUTTON GROUP INCENTIVE 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%
- $4,453
- Property tax
- $687
- Heat allowance
- $150
- Housing costs
- $5,290 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$163,000
gross annual household income
- Payment at 4%
- $3,661 / mo
- Cash down
- $173,980
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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