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Listed 1 month ago

10 Palling Lane

Grove East, Barrie

$639,000

Detached|Bungalow-Raised
3 | 2 | 4
About this home

Check out this all brick 3 plus 1 bedroom, 2 bathroom fully finished home on a very quiet and mature street in the popular east end of Barrie, featuring a walk-out basement, as well as an entrance into the lower level through the attached garage. Updates include: shingles (2019), insulated garage door (2019), garage door opener (2022), upgraded insulation (2018), all main floor windows (2018), 2 sliding patio doors (2018), new hot water heater, permanent gazebo and composite decking at front of house (2023). Furnace and fireplace regularly serviced. With a lower level kitchenette, the convenient layout of this home easily lends itself to the possibility of in-law capability. The large, landscaped back yard is fully fenced with raised garden beds and a sturdy wood garden shed. The driveway has just been freshly sealed. Located close to Georgian College, RVH, Hwy. 400, as well as all of the great amenities that Barrie has to offer. Enjoy the close proximity to schools, beaches, golf courses, ski resorts, biking/hiking trails, community centers and more! Easy to show, and flexible closing available. Book your showing today!

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow-Raised
Approx. Age31-50
Size700-1100 sq. ft.
Property Tax$4,432
Lot Size39.69 ft x 109.9 ft
mls© NumberS13538082
Listed BySUTTON GROUP INCENTIVE 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%
$3,271
Property tax
$369
Heat allowance
$150
Housing costs
$3,790 / mo

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

Down payment20% · $127,800
25-yr amortization

Income needed

$117,000

gross annual household income

Payment at 4%
$2,689 / mo
Cash down
$127,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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