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City Centre, Barrie
$475,000
Welcome to an exciting opportunity in the heart of Barrie City Centre! This detached concrete bungalow features 2+1 bedrooms and 2 full bathrooms, offering a versatile layout for homeowners, investors, or those looking to add value over time.Set in a central area of Barrie, this property offers more than just a place to call home. With continued development and investment throughout the downtown core, this is an opportunity to secure a detached property in an area with strong future potential.The bungalow provides flexibility for a variety of buyers, whether you're looking to live in the home, create an income-producing property, renovate to suit your needs, or hold as a long-term investment. Enjoy the convenience of being close to downtown Barrie's restaurants, shops, waterfront, parks, transit, and other amenities.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 700-1100 sq. ft. |
| Property Tax | $3,667 |
| Lot Size | 37 ft x 110 ft |
| mls© Number | S13726180 |
| Listed By | RIGHT AT HOME 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%
- $2,431
- Property tax
- $306
- Heat allowance
- $150
- Housing costs
- $2,887 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$89,000
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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