61 Fairlane Avenue
Painswick South, Barrie
$599,000
Investment Opportunity Meets Modern Living! This beautifully maintained 3-bedroom freehold townhome in the sought-after Yonge & GO Towns is perfect for savvy investors seeking strong cash flow or families looking for a turnkey home. Features a stylish kitchen with a center island, granite countertops, 9ft ceilings, and durable vinyl plank flooring throughout. Enjoy a bright, airy atmosphere and a large private terrace perfect for relaxing. Unbeatable location: walk to GO Transit, parks, and shopping, with quick access to the waterfront and major highways. A must-see for commuters and investors alike! Photos are virtually staged and may not reflect the property's current condition.
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| Type | Att/Row/Townhouse |
| Style | 3-Storey |
| Approx. Age | 0-5 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $3,842 |
| Lot Size | 16.34 ft x 90.22 ft |
| mls© Number | S13100122 |
| Listed By | RE/MAX IMPERIAL REALTY INC. |
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%
- $3,066
- Property tax
- $320
- Heat allowance
- $150
- Housing costs
- $3,536 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$109,000
gross annual household income
- Payment at 4%
- $2,521 / mo
- Cash down
- $119,800
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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