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Listed 1 month ago

26 Irene Drive

Painswick South, Barrie

$749,900

Detached|2-Storey
3 | 4 | 4
About this home

Welcome to 26 Irene Drive, a fully detached home located in Barrie's desirable Painswick South neighbourhood, known for its family-friendly streets and convenient access to schools, parks, shopping, transit, and Highway 400.This property offers great bones, a spacious layout, and tremendous potential for the right buyer. While the home could benefit from some updating and tender loving care, it presents an excellent opportunity to build instant equity in a highly sought-after location.Whether you are a first-time home buyer looking to enter the market or a family looking for a neighborhood with great schools this property offers incredible upside.The home is situated in a well-established neighbourhood close to excellent schools, parks, shopping centres, and commuter routes, making it ideal for families and investors alike.Bring your vision and unlock the potential - opportunities like this don't come often.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. Age0-5
Size2000-2500 sq. ft.
Property Tax$4,321
Lot Size39.38 ft x 109.95 ft
mls© NumberS13497990
Listed ByROYAL LEPAGE PRG REAL ESTATE

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%
$3,838
Property tax
$360
Heat allowance
$150
Housing costs
$4,348 / mo

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

Down payment20% · $149,980
25-yr amortization

Income needed

$134,000

gross annual household income

Payment at 4%
$3,156 / mo
Cash down
$149,980

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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