Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
1 / 0
Listed 12 days ago

38 Lay Street

Wellington, Barrie

$619,900

Detached|Sidesplit
3 | 2 | 5
About this home

All-Brick Sidesplit detached home with exceptional Privacy in East Barrie and the perfect blend of location, privacy, and investment potential. Perfect for growing families, multi-generational living, or savvy investors, this property features R2 zoning and sits on a private lot with no neighbours on one side! Bright & Functional Main Level - A sun-drenched, open living and dining area highlighted by large windows that fill the home with natural light. A generous eat-in kitchen offers abundant counter space, great storage, and convenient side door access. Three spacious bedrooms and a well-appointed 4-piece bathroom round out the main floor. Lower Level with In-Law or Rental Potential - You are greeted with a large rec room with a gas fireplace and plenty of natural light. Already outfitted with 2 additional bedrooms and a full bathroom, you'll have a head start on creating an in-law suite or a legal income-generating unit. Private Outdoor Space & Parking - Enjoy complete tranquility on your private back deck. The adjacent lot to the north is city-owned and maintained, ensuring long-term privacy and peace of mind. Includes an attached 1-car garage with direct inside entry, plus a newly paved driveway that comfortably fits 4+ vehicles. Unbeatable East Barrie Location - Steps to local schools and public transit. Just minutes to RVH Hospital, Cundles Road shopping centres, Highway 400 access, and the scenic shores of Kempenfelt Bay on Lake Simcoe. Total finished SQFT 2,409.

Extras

No extras listed.

Visit this home

Pick a time that works for you.

No upcoming open houses.

Got questions?

Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
StyleSidesplit
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$5,283
Lot Size55.8 ft x 114.71 ft
mls© NumberS13756688
Listed ByRARE REAL ESTATE

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%
$3,173
Property tax
$440
Heat allowance
$150
Housing costs
$3,763 / mo

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

Down payment20% · $123,980
25-yr amortization

Income needed

$116,000

gross annual household income

Payment at 4%
$2,609 / mo
Cash down
$123,980

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

Nearby listings

Comparable sales

  • No similar listings found.