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Listed 9 days ago

2 - 22 Meadow Lane

Ardagh, Barrie

$340,000

Condo Apartment |
3 | 1 | 1 | 0
About this home

Affordable 2-storey condo in the highly desirable Ardagh community! Offering just over 1,200 sq. ft. of bright living space with 3 bedrooms, this home is perfect for first-time buyers, downsizers, or investors. Enjoy two recently updated balconies-one off the main floor and another off the spacious primary bedroom-providing plenty of natural light and great outdoor space. A playground is located directly across the street, and you'll love the great proximity to the scenic Ardagh Bluffs trails. Includes 1 exclusive parking space plus lots of designated visitor parking nearby. Great amenities include an outdoor pool, exercise room, sauna, tennis court, and playground, with water and building insurance included in the condo fees. Conveniently located just 3 minutes to Hwy 400 and 10 minutes to Barrie's waterfront, with shopping, schools, and everyday amenities close by. Great value in one of Barrie's most sought-after neighbourhoods!

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
Style2-Storey
Approx. Age31-50
Size1200-1399 sq. ft.
Maintenance Fees$449
LockerNone
BalconyOpen
ExposureWest
Parking TypeNone
Parking Spaces1
Parking FeaturesNone
Property Tax$2,287
mls© NumberS13626670
Listed ByKELLER WILLIAMS REALTY CENTRES
Building Insurance Included
Common Elements Included
Water 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%
$1,740
Property tax
$191
Heat allowance
$150
Condo fees, half counted
$224
Housing costs
$2,305 / mo

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

Down payment20% · $68,000
25-yr amortization

Income needed

$71,000

gross annual household income

Payment at 4%
$1,431 / mo
Cash down
$68,000

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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