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Listed 2 months ago

42 Patricia Avenue

Cundles East, Barrie

$789,000

Detached|Bungalow-Raised
2 | 2 | 3
About this home

Raised bungalow with 2 large bedrooms main floor and 3rd in basement. Great In Law basement suite potential ( exterior stairs to basement with own entrance ). Sought after area close to HWY 11 on family friendly cul-de-sac with schools and children "Patricia Park" nearby. From roof to foundation this home is move-in-condition ( for those that want no headaches regarding repairs ) and low heating bills with the High Efficiency Gas furnace and well insulated home. Huge pie-shaped backyard with vegetable and flower gardens surrounding the patio /deck. The added bonus of many trees around the fenced in property provide added privacy. Bright large kitchen with modern cabinets and quartz counters and good size bedrooms. High quality windows were installed in 2024; and Air conditioner installed 2025 ; Bosch dishwasher installed ( 2024) ; and washer / dryer installed 2021. The large finished basement is great for entertaining( with built in Gas fireplace. Note: there is 5/8 '' drywall and sound insulation in most locations of the basement ceiling and with the basement access from the exterior this makes the basement more readily converted into a basement apartment for those wanting extra income.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$5,136
Lot Size42.28 ft x 120 ft
mls© NumberS13636038
Listed ByFreedom Realty Inc.

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%
$4,038
Property tax
$428
Heat allowance
$150
Housing costs
$4,616 / mo

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

Down payment20% · $157,800
25-yr amortization

Income needed

$142,000

gross annual household income

Payment at 4%
$3,320 / mo
Cash down
$157,800

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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