536 Big Bay Point Road
Painswick North, Barrie
$1,680,000
Attention, Attention, Attention, Developers and Investors. Welcome to this ideally located family home in Barrie's Desirable Painswick North Community, Core Business Centre. This home is part of Six Lot Grouping ( 536, 540, 544, 548, 552 and 556 Big Bay Point Rd ), Six Lots Approximate 2.35 Acre, with great potential for furture Re-development opportunity. Subject to Re-zoning and municipal approval. This area is in the process of being developed, with numbers of mid-rise and high - rise projects currently in progress. The property ON A 73' X178' LOT. This lot proximity to school, park, library, shopping and public transit.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,927 |
| Lot Size | 73.16 ft x 178.38 ft |
| mls© Number | S13654906 |
| Listed By | NU STREAM REALTY (TORONTO) INC. |
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%
- $8,599
- Property tax
- $411
- Heat allowance
- $150
- Housing costs
- $9,160 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$282,000
gross annual household income
- Payment at 4%
- $7,070 / mo
- Cash down
- $336,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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