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New5 days ago

5 East Gate

Grove East, Barrie

$609,900

Detached|Bungalow
3 | 2 | 6
About this home

Detached Bungalow on a Mature, Private Lot! This well-maintained home offers excellent parking with a long driveway accommodating 6+ vehicles! The bright kitchen features a convenient eat-in area, while the large living room provides plenty of space for family gatherings. The primary bedroom offers a double closet, with two additional bedrooms featuring beautiful hardwood flooring. The fully finished basement adds valuable living space with a large recreation room, bedroom or gym, full bathroom and separate side entrance, offering excellent flexibility for extended family, guests or potential future income use. A spacious 12.5' x 10' insulated sunroom overlooking the quiet, mature backyard-an ideal spot to relax or entertain. Ideally located within walking distance to local schools, Georgian College and RVH, with a peaceful setting and a church directly behind the property. A fantastic opportunity for first-time buyers, families, investors or anyone looking for a mature lot with plenty of parking and flexible living space..

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Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
StyleBungalow
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$4,278
Lot Size52.35 ft x 100 ft
mls© NumberS13786942
Listed ByCENTURY 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%
$3,122
Property tax
$357
Heat allowance
$150
Housing costs
$3,628 / mo

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

Down payment20% · $121,980
25-yr amortization

Income needed

$112,000

gross annual household income

Payment at 4%
$2,567 / mo
Cash down
$121,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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