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Listed 21 days ago

503 Grove Street E

Grove East, Barrie

$799,000

Detached|2-Storey
4 | 5 | 6
About this home

Top 5 Reasons You Will Love This Home: 1) Exceptionally spacious family home offering an impressive seven bedrooms, providing incredible flexibility for large families, multi-generational living, or accommodating guests with ease 2) Expansive main level thoughtfully designed with multiple generous living spaces creating the perfect setting for everyday family life, entertaining, and gathering with loved ones 3) Situated on an almost 50' wide lot, offering a spacious outdoor setting with plenty of room for children to play, gardening, or future landscaping possibilities 4) Separate basement entrance complemented by a second kitchen, presenting outstanding potential for extended family living, an in-law suite, or additional versatility to suit your lifestyle 5) Featuring four full bathrooms thoughtfully distributed throughout the home, providing exceptional comfort and convenience for busy households and overnight guests. 2,378 above grade sq.ft. plus a finished basement.

Extras

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. Age31-50
Size2000-2500 sq. ft.
Property Tax$5,181
Lot Size49.22 ft x 109.91 ft
mls© NumberS13624948
Listed ByFARIS TEAM REAL ESTATE BROKERAGE

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%
$4,090
Property tax
$432
Heat allowance
$150
Housing costs
$4,671 / mo

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

Down payment20% · $159,800
25-yr amortization

Income needed

$144,000

gross annual household income

Payment at 4%
$3,362 / mo
Cash down
$159,800

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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