Listed 8 days ago
38 Masters Drive
East Bayfield, Barrie
$999,888
Detached|2-Storey
3 | 4 | 6
About this home
WELCOME TO 38 MASTERS DR, LOCATED IN A FAMILY ORIENTED NEIGHBORHOOD, WITH LARGE WINDOWS AND A WALKOUT BASEMENT PROVIDES BRIGHT NATURE SUNLIGHTING, WITH A 3 BEDROOM BASEMENT APARTMENT WITH A SEPARATE ENTRANCE, FENCED BACKYARD CLOSE TO ALL AMENITIES, SCHOOL, SHOPPING AND PARKS. TENANTS WILLING TO STAY IF NEEDED.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $5,746 |
| Lot Size | 40.19 ft x 108.29 ft |
| mls© Number | S13723720 |
| Listed By | REMAX YOUR COMMUNITY 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%
- $5,118
- Property tax
- $479
- Heat allowance
- $150
- Housing costs
- $5,747 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $199,978
25-yr amortization
Income needed
$177,000
gross annual household income
- Payment at 4%
- $4,208 / mo
- Cash down
- $199,978
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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