88 Michael Crescent
East Bayfield, Barrie
$539,000
Welcome to 88 Michael Crescent! This bright and spacious 3-bedroom, 1-bathroom freehold townhouse is the absolute perfect opportunity for first-time home buyers or investors. Featuring a highly functional, carpet-free layout, the home boasts pride of ownership throughout. Enjoy an unbeatable location just minutes from the Georgian Mall, local schools, parks, and the community centre. Commuting is a breeze with quick, convenient access to Hwy 400. Don't miss out on this turnkey home in a fantastic, family-friendly neighborhood! Photos were taken before tenant moving in.
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| Type | Att/Row/Townhouse |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $3,699 |
| Lot Size | 19.68 ft x 113.86 ft |
| mls© Number | S13524172 |
| Listed By | ROYAL LEPAGE FIRST CONTACT REALTY |
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%
- $2,759
- Property tax
- $308
- Heat allowance
- $150
- Housing costs
- $3,217 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$99,000
gross annual household income
- Payment at 4%
- $2,268 / mo
- Cash down
- $107,800
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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