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Listed 8 days ago

90 Barre Drive

Painswick North, Barrie

$735,000

Detached|Bungalow-Raised
2 | 2 | 5
About this home

Welcome to 90 Barre Drive - This beautifully upgraded raised bungalow offers the perfect blend of style, comfort and versatility. Bright layout that flows seamlessly into the living and dining areas. Separate entrance access from garage and large backyard. Whether you are a family considering multi-generational living or an investor seeking a turnkey income property, this home checks all the boxes. Ideally located in the commuter friendly neighbourhood of Painswick North, you're just a short drive to the South GO Station and major highways, with schools, parks, and everyday amenities all within walking distance-making it an attractive option for both homeowners and tenants. This well-maintained raised bungalow features 2+2 bedrooms and 2 full bathrooms, along with the convenience of two separate washers and dryers. Main floor offers 2 bedrooms featuring large windows for lots of natural light. Eat-in kitchen, dining room & living room. The FULLY FINISHED lower level offers excellent income potential. Access from the garage, perfect set up for your in-laws or large family. Complete with a full kitchen, family room, two bedrooms, a 3-piece bathroom and in-suite laundry, this space is ideal for tenants or extended family. A true turnkey opportunity in a prime location, live in one unit and rent the other, or add a strong performer to your investment portfolio. Don't miss this versatile and value-packed property!

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,200
Lot Size39.38 ft x 111.62 ft
mls© NumberS13626682
Listed ByRE/MAX HALLMARK REALTY LTD.

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%
$3,762
Property tax
$350
Heat allowance
$150
Housing costs
$4,262 / mo

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

Down payment20% · $147,000
25-yr amortization

Income needed

$131,000

gross annual household income

Payment at 4%
$3,093 / mo
Cash down
$147,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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