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Price Change$475,000,000

85 Maple Avenue

City Centre, Barrie

$475,000

Detached|Bungalow
2 | 2 | 1
About this home

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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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$3,667
Lot Size37 ft x 110 ft
mls© NumberS13726180
Listed ByRIGHT 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.

Down payment20% · $95,000
25-yr amortization

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 check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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