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Edgehill Drive, Barrie
$597,500
Attention contractors/renovators! Great opportunity for wise buyers on the western edge of Barrie. 1288sf 3 bedroom Ranch style brick bungalow set into an 80X200ft 1/3 acre terraced lot! A work in progress. Demo has been done. No bathroom fixtures. Municipal water and septic. All baths have been gutted. No heating installed. Family sized kitchen with walkout to deck. Flexible living/dining combined for entertaining. 3 large bright bedrooms with closet. Walkout basement with separate apartment/guest suite. Fairytale Lot extensively landscaped with concrete walkways and stairs overlooking woods & rolling hills. 2 large outbuildings forworkshop/shed. One of a kind opportunity to create something special.
No extras listed.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $5,562 |
| Lot Size | 80 ft x 200 ft |
| mls© Number | S13741718 |
| Listed By | FOREST HILL REAL ESTATE 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%
- $3,058
- Property tax
- $464
- Heat allowance
- $150
- Housing costs
- $3,672 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$113,000
gross annual household income
- Payment at 4%
- $2,514 / mo
- Cash down
- $119,500
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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