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Listed 27 days ago

5 Barwick Drive

West Bayfield, Barrie

$650,000

Detached|Bungalow-Raised
3 | 2 | 3
About this home

QUICK CLOSING AVAILABLE! BIG-TICKET UPDATES, A FINISHED BASEMENT & A BACKYARD MADE FOR SUMMER!Nearly 1,900 sq ft of finished living space, a versatile layout and a long list of valuable updates give this North Barrie raised bungalow plenty to offer. The updated kitchen features white cabinetry, a tiled backsplash and generous counter space, with laminate flooring throughout much of the main level. Two bedrooms are located on the main floor, with a third bedroom in the loft above the garage. The finished lower level adds a family room with a gas fireplace, fourth bedroom, 4-piece bathroom and dedicated laundry room, with potential for extended family. The single-car garage offers inside entry, backyard access and workshop space. The fenced backyard features established gardens, raised garden beds, a stone patio, hard-top gazebo, storage shed and rain barrel watering system with an electric pump. Updates include the furnace, air conditioner, attic insulation, spray foam insulation, chimney, eavestroughs, downspouts, roof shingles, sump pump and entry awning. Barwick Park, trails, schools and public transit are within walking distance, with shopping, major roads and Sunnidale Park close by.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow-Raised
Approx. Age31-50
Size1100-1500 sq. ft.
Property Tax$4,376
Lot Size40 ft x 112.69 ft
mls© NumberS13815540
Listed ByRE/MAX HALLMARK PEGGY HILL GROUP REALTY

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,327
Property tax
$365
Heat allowance
$150
Housing costs
$3,842 / mo

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

Down payment20% · $130,000
25-yr amortization

Income needed

$118,000

gross annual household income

Payment at 4%
$2,735 / mo
Cash down
$130,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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