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New5 days ago

14 Palmer Drive

East Bayfield, Barrie

$869,900

Detached|Bungalow
2 | 3 | 6
About this home

Welcome to 14 Palmer Drive, a beautifully cared for, one owner home offering approximately 3,002 sq. ft. of total living space on a premium lot in Barrie's sought-after East Bayfield community. Step inside to discover a thoughtfully designed main floor featuring separate living & family rooms, a formal dining room, convenient main floor laundry with garage access, and a beautiful kitchen fully renovated with stainless steel appliances overlooking the breakfast area with walkout to the bright sunroom & backyard. The main floor also has the primary bedroom with WIC & 5pc ensuite, plus an additional bedroom & full 4pc bathroom. Downstairs, the basement extends the living space with a brand-new spacious rec room (ideal for a home theatre, games room, etc), third bedroom, a versatile office or potential fourth bedroom, full 4pc bathroom, plus large utility room with tons of storage & an additional room that was used as a workshop previously. Step outside to your private backyard retreat with an irrigation system & interlock patio surrounded by mature trees, lush gardens, & exceptional privacy backing onto a greenspace pond with no neighbors behind! Located near Terry Fox Elementary School, parks, walking trails, shopping, restaurants, recreation, public transit, & Highway 400, minutes to Royal Victoria Regional Healthcare Centre (RVH), Georgian College & the prestigious Barrie Golf & Country Club - this home offers everything you need no matter what stage of life you're at. Truly a rare find.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. Age16-30
Size1500-2000 sq. ft.
Property Tax$6,971
Lot Size50.09 ft x 176.87 ft
mls© NumberS13728124
Listed ByRoyal LePage Lakes Of Muskoka - Clarke Muskoka 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%
$4,453
Property tax
$581
Heat allowance
$150
Housing costs
$5,183 / mo

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

Down payment20% · $173,980
25-yr amortization

Income needed

$159,000

gross annual household income

Payment at 4%
$3,661 / mo
Cash down
$173,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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