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Listed 22 days ago

172 Franklin Trail

Rural Barrie Southwest, Barrie

$899,900

Detached|2-Storey
4 | 4 | 6
About this home

Welcome to 172 Franklin Trail, a newer home built by Bradley Homes in 2022 located in Barrie's desirable Bear Creek Estates community. Featuring a highly functional layout, the main level boasts rich hardwood flooring and a seamless open-concept living and dining area, ideal for everyday living and entertaining. The bright kitchen offers a large walk-in pantry, quartz counters and extended cabinets. The living room with gas fireplace steps out directly to a covered porch and outdoor sitting area. Upstairs you will find 3 spacious bedrooms including a primary retreat complete with a 5-piece spa-like ensuite and walk-in closet, alongside two additional bedrooms sharing a convenient semi-ensuite bath. Hardwood flooring continues throughout the non-tiled areas and convenient second floor laundry round things off upstairs. The fully finished walk-out basement provides flexible multi-generational living, complete with a dedicated bedroom with closet and full size windows, a 4-piece bathroom, full walk-out access to the backyard, and a kitchenette/bar area-perfect for an in-law suite or independent teenager space. Located minutes from top-rated schools (Bear Creek Secondary, W.C. Little Elementary, St. Nicholas Catholic), shopping plazas, parks, and dining. Quick access to Highway 400 and Barrie South GO Station makes commuting seamless. VTB financing available with as little as 15% down @ 6.5%, amortized up to 50 years/interest only - no income verification or credit qualifications. Some images have been virtually staged.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age0-5
Size2000-2500 sq. ft.
Property Tax$7,029
Lot Size36 ft x 92 ft
mls© NumberS13833494
Listed ByCENTURY 21 HERITAGE GROUP LTD.

Listing History

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  • 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%
$4,606
Property tax
$586
Heat allowance
$150
Housing costs
$5,342 / mo

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

Down payment20% · $179,980
25-yr amortization

Income needed

$164,000

gross annual household income

Payment at 4%
$3,787 / mo
Cash down
$179,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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