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Listed 2 months ago

4 Clarence Court

Grove East, Barrie

$829,000

Detached|Backsplit 4
3 | 2 | 4
About this home

Nestled in a quiet and family-friendly neighborhood, this well-maintained 4-level backsplit dethatched brick home with a double-car garage offers exceptional space and versatility. The finished basement features with a separate entrance, making it ideal for extended family or future income possibilities. It also boasts an extra-large recreation room, entertaining, a home theatre, a gym or a children's play area. Also offering 2 spacious rooms plus a den/ home office, this home is perfect for families or those working remotely. Conveniently located close to public transit, schools, park, and everyday amenities. It combines comfort, functionality, and an excellent location.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBacksplit 4
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$5,125
Lot Size42.25 ft x 110 ft
mls© NumberS13523528
Listed ByRE/MAX CROSSROADS 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%
$4,243
Property tax
$427
Heat allowance
$150
Housing costs
$4,820 / mo

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

Down payment20% · $165,800
25-yr amortization

Income needed

$148,000

gross annual household income

Payment at 4%
$3,489 / mo
Cash down
$165,800

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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