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Price Change$999,888

38 Masters Drive

East Bayfield, Barrie

$859,800

Detached|2-Storey
3 | 4 | 6
About this home

WELCOME TO 38 MASTERS DR, LOCATED IN A FAMILY ORIENTED NEIGHBORHOOD, WITH LARGE WINDOWS AND A WALKOUT BASEMENT PROVIDES BRIGHT NATURE SUNLIGHTING, WITH A 2 BEDROOM BASEMENT APARTMENT AND A SEPARATE ENTRANCE, NEW ROOF FURNACE AND AC INSTALLED 4 YEARS AGO FENCED BACKYARD CLOSE TO ALL AMENITIES, SCHOOL, SHOPPING AND PARKS. TENANTS WILLING TO STAY IF NEEDED.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$5,746
Lot Size40.19 ft x 108.29 ft
mls© NumberS13723720
Listed ByREMAX YOUR COMMUNITY 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%
$4,401
Property tax
$479
Heat allowance
$150
Housing costs
$5,030 / mo

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

Down payment20% · $171,960
25-yr amortization

Income needed

$155,000

gross annual household income

Payment at 4%
$3,618 / mo
Cash down
$171,960

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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