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Listed 1 month ago

48 - 2 Albert Street

North Shore, Barrie

$250,000

Condo Apartment |
1 | 1 | 1 | 0
About this home

Top 5 Reasons You Will Love This Condo: 1) Enjoy stunning views of Lake Simcoe from your spacious private balcony, creating the perfect outdoor retreat for morning coffee, relaxing evenings, or entertaining guests while taking in the scenery 2) Unbeatable location within walking distance to downtown Barrie, the waterfront, scenic trails, shops, restaurants, and everyday amenities, offering a convenient and connected lifestyle 3) Thoughtfully designed layout featuring a bright and spacious living area, a well-appointed kitchen with ample cabinetry, and a generously sized bedroom designed for comfort and functionality 4) Added convenience comes with underground parking and ample visitor parking, making day-to-day living easier while ensuring plenty of space for family and guests 5) Enjoy desirable building amenities including an elevator, rooftop patio for relaxing or entertaining, games room, and a well-equipped fitness area supporting an active and enjoyable lifestyle. 686 fin.sq.ft.

Extras

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Got questions?

Contact Angela directly.

agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. Age51-99
Size600-699 sq. ft.
Maintenance Fees$680
LockerNone
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,428
mls© NumberS13547564
Listed ByFARIS TEAM REAL ESTATE BROKERAGE
Building Insurance Included
Cable TV Included
Heat Included
Hydro Included
Parking Included
Water 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%
$1,280
Property tax
$202
Heat allowance
$150
Condo fees, half counted
$340
Housing costs
$1,972 / mo

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

Down payment20% · $50,000
25-yr amortization

Income needed

$61,000

gross annual household income

Payment at 4%
$1,052 / mo
Cash down
$50,000

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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