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New4 days ago

514 Grove Street E

Grove East, Barrie

$888,000

Detached|2-Storey
4 | 4 | 6
About this home

Welcome to this Beautiful Detached Home in Barrie, Featuring a Double-Car Garage and Spacious, Thoughtfully Designed Living Areas. This Exceptional Property Offers 4 Generously Sized Bedrooms Plus a Versatile Main-Floor Den, Perfect for a Home Office. The Inviting Family Room Features a Cozy Wood-Burning Fireplace and Seamlessly Connects to the Well-appointed Kitchen, Complete with a Granite Countertop Island. A Separate Dining Area with Large Windows Creates a Bright and Welcoming Space for Family Gatherings and Entertaining. The Spacious Primary Bedroom Boasts a Walk-in Closet and a 4-piece Ensuite. The Fully Finished Basement Offers an Open-Concept Layout with a Separate Entrance, Kitchen, 3 Additional Bedrooms, and a Den - Providing Excellent Flexibility for Extended Family, Guests, or Potential Rental Income.

Extras

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Contact Angela directly.

agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2500-3000 sq. ft.
Property Tax$6,748
Lot Size50.62 ft x 109.92 ft
mls© NumberS13681324
Listed ByREALTY WEALTH GROUP 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%
$4,545
Property tax
$562
Heat allowance
$150
Housing costs
$5,258 / mo

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

Down payment20% · $177,600
25-yr amortization

Income needed

$162,000

gross annual household income

Payment at 4%
$3,737 / mo
Cash down
$177,600

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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