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Painswick North, Barrie
$1,790,000
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.
No extras listed.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,899 |
| Lot Size | 100.23 ft x 178.94 ft |
| mls© Number | S13654944 |
| 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%
- $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.
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 checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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