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Listed 16 days ago

108 Nottingham Road

Rural Barrie Southeast, Barrie

$1,060,000

Detached|2-Storey
4 | 4 | 4
About this home

Rare & Exceptional Investment & Residential Opportunity! Welcome to this stunning brand-newdetached home, perfectly positioned facing the beautiful MVP Community Park. Offering 2,727sq. ft. of total living space (including a professionally finished legal secondary suite inthe lower level, as per builder's floor plan), this home combines modern luxury withoutstanding income potential.The legally built self-contained basement apartment features a separate entrance, allowing youto enjoy comfortable family living while generating rental income. Designed with a bright,functional open-concept layout, the home showcases 9-ft ceilings on the main floor, eleganthardwood flooring throughout the main and second levels, and a gourmet kitchen with granitecountertops.The spacious primary bedroom offers a large walk-in closet and a luxurious 5-piece ensuite,while the convenient upper-level laundry room is enhanced by oversized windows that fill thespace with natural light.Ideally located just minutes from the GO Station, Highway 400, Lake Simcoe, and Friday HarbourResort. Close to new schools, parks, shopping, restaurants, and all essential amenities.Situated in one of the area's fastest-growing communities, this property offers tremendousfuture appreciation potential, making it an exceptional choice for both homeowners andinvestors. Be part of this vibrant and thriving neighborhood!

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. Age0-5
Size2000-2500 sq. ft.
Property Tax$5,940
Lot Size32.81 ft x 91.86 ft
mls© NumberS13600904
Listed ByRIGHT AT HOME 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%
$5,426
Property tax
$495
Heat allowance
$150
Housing costs
$6,071 / mo

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

Down payment20% · $212,000
25-yr amortization

Income needed

$187,000

gross annual household income

Payment at 4%
$4,461 / mo
Cash down
$212,000

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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