400 BIG BAY POINT Road
Painswick North, Barrie
$899,999
Legal Duplex - 400 Big Bay Point RoadLooking for a smart investment or a home that pays you back? This legal duplex delivers two fully separate living spaces under one roof, perfect for house-hacking, multi-generational living, or building a rental portfolio.Upstairs: a bright 3-bedroom, 2-bathroom unit with room to spread out.Downstairs: a comfortable 3-bedroom, 1-bathroom unit, ideal for tenants, in-laws, or extended family.Each unit has its own entrance for privacy and independence - live in one, rent the other, or lease both and let the property work for you. Six bedrooms, two kitchens, and endless flexibility make this a standout opportunity in today's market.Don't miss your chance to own a property built for income and options. Book your showing today.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 16-30 |
| Size | 1500-2000 sq. ft. |
| Property Tax | $3,600 |
| Lot Size | 65 ft x 112 ft |
| mls© Number | S13581562 |
| Listed By | REVEL 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%
- $4,607
- Property tax
- $300
- Heat allowance
- $150
- Housing costs
- $5,057 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$156,000
gross annual household income
- Payment at 4%
- $3,787 / mo
- Cash down
- $180,000
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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