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Listed 11 days ago

6 - 31 Madelaine Drive

Painswick South, Barrie

$599,900

Condo Townhouse |
3 | 3 | 2 | 0
About this home

Perfect for First-Time Homebuyers, those looking to downsize, or investors-this stunning end-unit townhome condo checks all the boxes! Featuring a spacious open-concept layout, this home offers 3 bedrooms and 2.5 bathrooms, along with a fully finished lower level complete with family room and laundry area. Enjoy added privacy and outdoor living with a charming backyard, privacy wall, and no rear neighbours, as it backs onto a peaceful common green space. The property includes an attached single-car garage plus an additional driveway parking space, with ample visitor parking conveniently nearby. Residents also have access to a modern, well-equipped gym. Low condo fees cover water, garbage removal, roof and window maintenance, gym access, landscaping, irrigation, and snow removal for the driveway, sidewalks, and stairs-making this an ideal low-maintenance, move-in-ready home. Located just steps from shopping and Barrie South GO Station, and minutes from beaches, downtown Barrie, Highway 400, and Yonge Street, this home is perfect for commuters. Don't miss the opportunity to own in Barrie's highly desirable southeast end

Extras

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Got questions?

Contact Angela directly.

agent
Angela Montano
(647) 283-2643
TypeCondo Townhouse
Style2-Storey
Approx. AgeNot available
Size1400-1599 sq. ft.
Maintenance Fees$477
LockerNone
BalconyNone
ExposureEast
Parking TypeAttached
Parking Spaces2
Parking FeaturesPrivate
Property Tax$4,358
mls© NumberS13618374
Listed ByROYAL LEPAGE TERREQUITY CAPITAL REALTY
Water Included
Common Elements Included
Building Insurance Included
Parking 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%
$3,071
Property tax
$363
Heat allowance
$150
Condo fees, half counted
$239
Housing costs
$3,822 / mo

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

Down payment20% · $119,980
25-yr amortization

Income needed

$118,000

gross annual household income

Payment at 4%
$2,524 / mo
Cash down
$119,980

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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