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New6 hours ago

544 Big Bay Point Road

Painswick North, Barrie

$1,790,000

Detached|2-Storey
4 | 3 | 10
About this home

Re-Development opportunity property ON A 100' X 179' Lot In South Barrie. This home located in a medium to high density development area designated by the city of barrie. 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, The property located close to excellent school, library, shopping, go station and much more.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. Age51-99
Size1500-2000 sq. ft.
Property Tax$5,859
Lot Size100.3 ft x 178.94 ft
mls© NumberS13654932
Listed ByNU 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%
$9,162
Property tax
$488
Heat allowance
$150
Housing costs
$9,800 / mo

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

Down payment20% · $358,000
25-yr amortization

Income needed

$302,000

gross annual household income

Payment at 4%
$7,533 / mo
Cash down
$358,000

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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