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Listed 24 days ago

25 Nicholson Drive

Ardagh, Barrie

$625,000

Detached|Bungalow
2 | 2 | 3.5
About this home

A walkout bungalow backing onto a school with potential for an in-law suite or rental opportunity, located on a quiet desirable street close to countless amenities! This property offers a great combination of location, flexibility and future potential. The bungalow layout provides convenient one-level living, while the walkout basement offers additional living space and the opportunity to create a separate in-law suite or rental. Enjoy a backyard with no traditional rear neighbours and a shed for all your tools, creating a great sense of privacy and space. Located close to schools, parks, shopping, restaurants, recreation, transit and everyday amenities, this is a neighbourhood that makes life convenient. Whether you're a first-time buyer looking to get into the market, a family wanting flexible living space, an investor seeking rental potential, or someone looking for a home with room to grow.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,885
Lot Size39.37 ft x 110.47 ft
mls© NumberS13829222
Listed ByKELLER WILLIAMS EXPERIENCE REALTY

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%
$3,199
Property tax
$407
Heat allowance
$150
Housing costs
$3,756 / mo

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

Down payment20% · $125,000
25-yr amortization

Income needed

$116,000

gross annual household income

Payment at 4%
$2,630 / mo
Cash down
$125,000

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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