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Queen's Park, Barrie
$525,000
Welcome to this charming 2-story detached, a fantastic investment opportunity or a perfect starter home with income potential. Located in a tranquil, well-maintained neighborhood, this property offers two separate driveways for both the upper and lower units. The main floor features a bright, open-concept layout with dual entry points. The dining area walks out to a private balcony overlooking a serene park and pond, a perfect spot to enjoy year-round wildlife. The spacious living room and a convenient two-piece bathroom complete this level. An original hardwood staircase leads to the second floor, which has two generously sized bedrooms and a full three-piece bathroom, ready for your personal style. The lower unit, with its own private walk-up entrance, is a bright and inviting space. Large windows fill the unit with natural light, highlighting a spacious bedroom, a cozy living and dining area, a well-sized kitchen, and a four-piece bathroom. Conveniently located just minutes from Highway 400, this home provides easy access to downtown Barrie, local shops, restaurants, and the scenic shores of Kempenfelt Bay. Don't miss this chance to own a versatile property in a prime location!
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 100+ |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,616 |
| Lot Size | 79.22 ft x 69.2 ft |
| mls© Number | S13662796 |
| Listed By | CMI REAL ESTATE 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%
- $2,687
- Property tax
- $385
- Heat allowance
- $150
- Housing costs
- $3,222 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$99,000
gross annual household income
- Payment at 4%
- $2,209 / mo
- Cash down
- $105,000
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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