552 Big Bay Point Road
Painswick North, Barrie
$1,790,000
Attention, Attention, Attention, Developers and Investors. Welcome to this ideally family home in Barrie's desirable Painswick North Community, Core Business Centre. This property ON A 100' X 179' LOT IN South Barrie. This Home is part of Six Lots Grouping (536, 540, 544, 548, 552, and 556 Big Bay Point Rd), With great potential for future Re-development Opportunity. Subject to rezoning and Municipal Approval. This Area is in the process of being developed, with numbers of Mid-rise and High-rise Projects currently in progress. The seller willing to lease the home until development begins. This property proximity to school, park, library, shopping, public transit and much more.
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| Type | Detached |
| Style | Sidesplit |
| Approx. Age | 51-99 |
| Size | 2000-2500 sq. ft. |
| Property Tax | $5,619 |
| Lot Size | 100.22 ft x 178.94 ft |
| mls© Number | S13582220 |
| Listed By | NU STREAM REALTY (TORONTO) 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%
- $9,162
- Property tax
- $468
- Heat allowance
- $150
- Housing costs
- $9,780 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$301,000
gross annual household income
- Payment at 4%
- $7,533 / mo
- Cash down
- $358,000
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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