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Price Change$630,000

111 Penetang Street

Codrington, Barrie

$598,000

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

Rare Opportunity To Own A Charming Century Home Situated On An Exceptional 12,895 Sq Ft Private Lot (51 Ft X 265 Ft) With Future Development Potential, Just Steps To Lake Simcoe, Beaches, Walking Trails And Barrie's Vibrant Downtown Core. Offering Almost 1,500 Sq Ft Of Living Space, This Character-Filled Home Beautifully Blends Timeless Charm With Thoughtful Modern Updates.The Open-Concept Main Floor Features Soaring 9-Ft Ceilings, Brand New Vinyl Flooring, Elegant 10-Inch Baseboards And Crown Moulding Throughout. The Spacious Living Room With Cozy Gas Fireplace Flows Seamlessly Into The Dining Area And Updated Kitchen Featuring A New Sink And Faucet, Newer Countertop, 4-Year-Old Refrigerator And 5-Year-Old Microwave.Upstairs Offers Newer Carpet (Approx. 6 Years) And A Generous Primary Bedroom Complete With An Oversized Walk-In Closet And A Spa-Inspired 4-Piece Bathroom Featuring A Skylight And Relaxing Soaker Tub.Enjoy A Large Covered Front Porch And Two Rear Decks Overlooking The Expansive Backyard. Detached Double-Car Garage/Workshop With Hydro Provides Excellent Storage And Workspace. The Basement Offers Plenty Of Additional Storage Space.A Truly Unique Property Combining Character, Privacy, Modern Updates And An Incredible 12,895 Sq Ft Lot In One Of Barrie's Most Desirable And Fast-Growing Neighbourhoods.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$5,650
Lot Size51 ft x 256 ft
mls© NumberS13446544
Listed ByHOMELIFE LANDMARK REALTY INC.

Listing History

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  • 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%
$3,061
Property tax
$471
Heat allowance
$150
Housing costs
$3,682 / mo

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

Down payment20% · $119,600
25-yr amortization

Income needed

$113,000

gross annual household income

Payment at 4%
$2,516 / mo
Cash down
$119,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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