40 Brennan Avenue
South Shore, Barrie
$475,000
LOCATION, LOCATION, LOCATION! Located in the Minet's Point area of prestigious South Shore Barrie, on a large 75' x 100' lot with a view of Kempenfelt Bay. Older 3-bedroom home in need of renovation, being sold as is. Windows and doors replaced in 2018. Shingles replaced in 2019. Whether you're looking to invest in a property with income potential or create your dream home, this property offers exciting opportunities, access to waterfront, walking distance to Minet's Point Beach. Close to shopping, restaurants, public transportation, trails, parks. Being sold as is with no representations and/or warranties.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,151 |
| Lot Size | 75 ft x 100 ft |
| mls© Number | S13671082 |
| Listed By | WEB MAX REALTY 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%
- $2,431
- Property tax
- $346
- Heat allowance
- $150
- Housing costs
- $2,927 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$90,000
gross annual household income
- Payment at 4%
- $1,999 / mo
- Cash down
- $95,000
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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