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New6 hours ago

548 Big Bay Point Road

Painswick North, Barrie

$1,790,000

Detached|Bungalow
3 | 2 | 7
About this home

Welcome to 548 Big Bay Point Rd. This Development ready property ON A 100'X 179' Lot, This property offers a chance to be part of one of Barrie's most repidly growing community. The Location is in progress of being developed with numerous Mid-Rise and High- Rise projects. This property is one of six adjacent properties currently ON MLS that together representing an incredible development opportunity. Six Lots Approximate 2.35 Acre.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$4,899
Lot Size100.23 ft x 178.94 ft
mls© NumberS13654944
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
$408
Heat allowance
$150
Housing costs
$9,720 / mo

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

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

Income needed

$299,000

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

Values and trends

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