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Listed 2 months ago

15 Poplar Crescent

Rural Oro-Medonte, Oro-Medonte

$599,000

Detached|Bungalow
3 | 1 | 8
About this home

Exceptional opportunity in a sought-after location on an impressive 100 x 180 ft lot! Enjoy deeded access to Lake Simcoe, including a boat launch and Bayview Memorial Park with its beach and park. Ideally situated close to golf courses, ski hills, snowmobile and rail trails, and only a few minutes to Barrie and Orillia.This charming bungalow offers just under 1,000 sq. ft. of living space with 3 bedrooms and 1 bathroom. The bright eat-in kitchen includes laundry and opens through newer sliding patio doors to a spacious deck, while the generous living room provides a comfortable gathering space.Recent updates include new laminate flooring and carpeting, mostly newer windows, a newer front door, furnace, blown-in attic insulation, drilled well with a new pump, UV water filtration system, pressure tank, and a roof replaced in 2016 with a 25-year warranty. The septic system was pumped in 2022, and the interior has been freshly painted throughout.The property also features a newly built 10 x 10 ft shed with hydro and a roll-up door, plus a beautiful gazebo perfect for outdoor entertaining. Located on a quiet, family-friendly street with over 55 acres of environmentally protected forest directly across the road, this meticulously cared-for home is ready to enjoy.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. Age31-50
Size700-1100 sq. ft.
Property Tax$1,831
Lot Size100 ft x 180 ft
mls© NumberS13492006
Listed ByHOMELIFE GOLCONDA 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%
$3,066
Property tax
$153
Heat allowance
$150
Housing costs
$3,369 / mo

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

Down payment20% · $119,800
25-yr amortization

Income needed

$104,000

gross annual household income

Payment at 4%
$2,521 / mo
Cash down
$119,800

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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