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Grove East, Barrie
$899,900
Beautifully maintained home offering comfort, style and excellent income potential. Bright eat-in kitchen with island and walkouts to the fenced backyard from both the kitchen and family room. Main-floor laundry with garage access and A/C is less then 5 years old. Spacious primary bedroom with 5-piece ensuite and walk-in closet, renovated spiral hardwood staircase, updated flooring and retrofitted windows. Fully finished 3-bedroom basement with separate entrance, with rental potential of approx $2200 month! Fantastic location close to Hwy 400, Georgian College, RVH, schools, parks, shopping and transit. A great opportunity for homeowners and investors alike!
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 2500-3000 sq. ft. |
| Property Tax | $5,280 |
| Lot Size | 49.21 ft x 109.91 ft |
| mls© Number | S13766802 |
| Listed By | CENTURY 21 B.J. ROTH 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%
- $4,606
- Property tax
- $440
- Heat allowance
- $150
- Housing costs
- $5,196 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$160,000
gross annual household income
- Payment at 4%
- $3,787 / mo
- Cash down
- $179,980
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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