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Listed 8 days ago

468 Grove Street E

Grove East, Barrie

$655,000

Detached|2-Storey
3 | 5 | 4
About this home

AFFORDABLE FAMILY LIVING WITH MODERN UPDATES, A LARGE, PRIVATE BACKYARD, & AN UNBEATABLE NORTH-EAST BARRIE ADDRESS! Step into homeownership in this spacious family home in Barrie's desirable north-east end, offering exceptional value at under $700,000 and plenty of opportunity to build equity. Ideally located close to commuter routes, schools, RVH, Georgian College, shopping, parks, and directly across from Eastview Arena and sports fields, this home also places you less than five minutes from Johnson's Beach, the North Shore Trail, and the stunning shores of Kempenfelt Bay. The main floor is designed for everyday living with a spacious eat-in kitchen featuring updated quartz countertops, a stylish backsplash, pot lights, a bright breakfast area overlooking the backyard, and a walkout. A separate dining and living room with a sunny front bay window creates an inviting space for entertaining, while the cozy family room with a gas fireplace is ideal for relaxing evenings. Enjoy the convenience of a main floor powder room and laundry with inside entry from the attached double garage. Upstairs, you'll find three generous bedrooms, including a primary retreat complete with a bright bay window, private 4-piece ensuite, and a walk-in closet, along with an additional 4-piece bath. The partially finished lower level expands your living space with a rec room, office or den, and an additional bedroom with its own ensuite, creating an ideal setup for guests, extended family, or teens seeking extra privacy. Outside, the large lot offers mature trees for added privacy, established garden beds, and plenty of green space to enjoy time with family and friends. Complete with a private double driveway, a carpet-free interior with newer luxury vinyl flooring, and updated shingles, this is an incredible chance to secure an affordable #HomeToStay in a location that truly has it all!

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. Age31-50
Size1500-2000 sq. ft.
Property Tax$5,166
Lot Size49.22 ft x 111.56 ft
mls© NumberS13670890
Listed ByRE/MAX HALLMARK PEGGY HILL GROUP REALTY

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%
$3,353
Property tax
$430
Heat allowance
$150
Housing costs
$3,933 / mo

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

Down payment20% · $131,000
25-yr amortization

Income needed

$121,000

gross annual household income

Payment at 4%
$2,756 / mo
Cash down
$131,000

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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