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Cundles East, Barrie
$679,900
*In-Law Suite | 4-Level Back-Split | Great Barrie Location* This well-laid-out 4-level back-split is an excellent opportunity for buyers looking to offset their monthly housing costs with an in-law suite for parents or for those needing independent living space for grown children. The main living area is filled with natural light, featuring a spacious living room & a well-appointed kitchen with a walkout to your own deck & backyard. The third level offers 3 bedrooms & a large 4-piece bathroom, providing plenty of comfortable space for the main household.The in-law suite has its own separate entrance & offers a bright, open-concept living room & kitchen, along with a 3-piece bathroom on the second level. The lower level features a huge bedroom, creating a generous & functional layout + access to their own deck & backyard space. The large driveway has a turnaround extension & can accommodate 4-5 vehicles. This is a great opportunity for first-time buyers, investors or anyone looking for a home where the additional suite to help make homeownership more affordable. Conveniently located in the heart of Barrie, close to amenities, schools, parks, shopping & more.
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| Type | Detached |
| Style | Backsplit 4 |
| Approx. Age | 31-50 |
| Size | 1500-2000 sq. ft. |
| Property Tax | $3,826 |
| Lot Size | 50 ft x 110 ft |
| mls© Number | S13759634 |
| Listed By | HOMELIFE EMERALD REALTY LTD. |
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%
- $3,480
- Property tax
- $319
- Heat allowance
- $150
- Housing costs
- $3,949 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$122,000
gross annual household income
- Payment at 4%
- $2,861 / mo
- Cash down
- $135,980
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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