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New5 days ago

5 Robert Street

400 North, Barrie

$485,000

Detached|2-Storey
2 | 1 | 2
About this home

Top Reasons You'll Love this Home: Move-in ready and ideally located, this inviting 2-storey home featuring a vinyl siding exterior, private single-wide driveway with parking for two vehicles, and a backyard with plenty of greenspace for kids and pets, complemented by a covered back patio with room for outdoor seating and cooking appliances. Inside, enjoy two generous bedrooms, an updated bathroom, spacious eat-in kitchen with custom cabinetry, quartz countertops and stainless-steel appliances, convenient main level laundry, laminate flooring, and a cozy gas fireplace, along with updated plumbing and electrical, a spray-foamed basement, and R60 attic insulation. Located approximately a 15 minute walk from downtown Barrie, with shops, cafés, restaurants, and Centennial Beach nearby, while Highway 400 and Allandale Waterfront GO Station are just minutes away for an easy commute to the GTA and surrounding cities. *Please note some images have been virtually staged to show the potential of the home.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. Age100+
Size700-1100 sq. ft.
Property Tax$3,096
Lot Size36.5 ft x 50 ft
mls© NumberS13787308
Listed ByFARIS TEAM REAL ESTATE BROKERAGE

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%
$2,482
Property tax
$258
Heat allowance
$150
Housing costs
$2,890 / mo

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

Down payment20% · $97,000
25-yr amortization

Income needed

$89,000

gross annual household income

Payment at 4%
$2,041 / mo
Cash down
$97,000

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

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