

605 Big Bay Point Road
Bayshore, Barrie
$1,750,000
This home has recently been gutted and is undergoing extensive renovations to create a triplex plus an accessory dwelling unit, offering four rental units in total. The property is being offered as part of a package with four additional side-by-side properties, presenting an exceptional investment and redevelopement opportunity. The area has been designated for high-density development, with several new projects currently under construction or planned along this rapidly transforming corridor. Conveniently located close to shopping, schools, a recreation center. the Barrie GO station, and Barrie's magnificent waterfront.
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| Type | Detached |
| Style | Sidesplit 4 |
| Approx. Age | 51-99 |
| Size | 1500-2000 sq. ft. |
| Property Tax | $5,167 |
| Lot Size | 80 ft x 200 ft |
| mls© Number | S13829426 |
| Listed By | RE/MAX HALLMARK CHAY 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%
- $8,957
- Property tax
- $431
- Heat allowance
- $150
- Housing costs
- $9,538 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$293,000
gross annual household income
- Payment at 4%
- $7,364 / mo
- Cash down
- $350,000
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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