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Listed 1 month ago

6 - 29 Madelaine Drive

Painswick South, Barrie

$549,900

Condo Townhouse |
3 | 3 | 2 | 0
About this home

Ideal for first-time buyers or savvy investors, this beautiful townhome has it all. Fully upgraded with elegant Wainscoting, Crown Moulding, and Modern Pot Lights throughout. Boasting a bright and spacious open-concept design, the home features 3 bedrooms, 2.5 bathrooms, and a fully finished lower level with a comfortable family room and dedicated laundry area. Step outside to a private, charming backyard with a privacy wall and no rear neighbors-backing onto a serene common green space for added tranquility. The property offers an attached single-car garage, an additional driveway parking space, and plenty of visitor parking nearby. Residents also enjoy access to a well-appointed fitness centre. Low condo fees cover water, garbage removal, roof and window maintenance, landscaping, irrigation, snow removal for the driveway, walkways and stairs, as well as gym access-providing exceptional value and easy, low-maintenance living. Conveniently located within walking distance to shopping and the Barrie South GO Station, and just minutes from beaches, downtown Barrie, Highway 400, and Yonge Street, this home is a commuter's dream. A fantastic opportunity to own in Barrie's sought-after southeast end.

Extras

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Got questions?

Contact Angela directly.

agent
Angela Montano
(647) 283-2643
TypeCondo Townhouse
Style2-Storey
Approx. AgeNot available
Size1200-1399 sq. ft.
Maintenance Fees$477
LockerNone
BalconyNone
ExposureEast
Parking TypeAttached
Parking Spaces2
Parking FeaturesPrivate
Property Tax$4,165
mls© NumberS13517454
Listed ByROYAL LEPAGE TERREQUITY CAPITAL REALTY
Water Included
Common Elements Included
Building Insurance Included
Parking Included

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%
$2,815
Property tax
$347
Heat allowance
$150
Condo fees, half counted
$239
Housing costs
$3,550 / mo

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

Down payment20% · $109,980
25-yr amortization

Income needed

$109,000

gross annual household income

Payment at 4%
$2,314 / mo
Cash down
$109,980

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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