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Listed 2 months ago

178 Rose Street

Wellington, Barrie

$680,000

Detached|Bungalow
3 | 2 | 5
About this home

Are you looking for a fully insulated shop with eight chest-height electrical outlets? Whether you're a hobbyist, tradesperson, or simply need additional workspace, this property offers the versatility you've been searching for! Situated on an R2-zoned lot, this home also features two separate driveways, providing ample parking for vehicles, trailers, or recreational toys, along with a convenient side entrance to the basement, offering excellent potential for future in-law or income suite possibilities (subject to municipal approvals).This 3-bedroom, 2-bathroom home has already seen many important updates, including an updated roof, a high-efficiency furnace (approximately 2 years old), and an updated 200-amp electrical panel, allowing you to focus on making it your own. Inside, you'll find a functional layout with plenty of space for a growing family, first-time home buyers, or investors looking for a property with outstanding potential.Located in Barrie's desirable east end, you're just minutes from Royal Victoria Regional Health Centre (RVH), Georgian College, schools, parks, shopping, restaurants, public transit, Highway 400, and all everyday amenities. Whether you're searching for your first home, an investment opportunity, or a property to renovate and customize, this home offers endless possibilities in a fantastic location. Don't miss your chance to unlock its full potential!

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Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$4,306
Lot Size60 ft x 110 ft
mls© NumberS13618618
Listed ByRE/MAX HALLMARK CHAY 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%
$3,481
Property tax
$359
Heat allowance
$150
Housing costs
$3,989 / mo

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

Down payment20% · $136,000
25-yr amortization

Income needed

$123,000

gross annual household income

Payment at 4%
$2,862 / mo
Cash down
$136,000

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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