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Listed 20 days ago

611 Big Bay Point Rd Road

Bayshore, Barrie

$1,200,000

Detached|Bungalow
3 | 2 | 8
About this home

Rare 80' x 200' Property in Barrie's High Growth Corridor! The land. The location. The lifestyle. The opportunity. Opportunities like this are becoming increasingly difficult to find. Situated on a premium 80' x 200' lot in one of Barrie's fastest-growing neighbourhoods, this solid 1,388 sq. ft. bungalow offers immediate enjoyment with outstanding long-term potential. Step inside to a bright, open-concept floor plan featuring a spacious kitchen overlooking the dining and living areas, beautiful maple hardwood flooring, an impressive oak staircase, three generous bedrooms and a sun-filled family room with walkout to a large deck overlooking your own private backyard retreat. The finished basement provides exceptional additional living space, highlighted by a luxurious four-piece bathroom complete with a relaxing Jacuzzi tub. Outside is where this property truly shines. Spend summers around the inground swimming pool, enjoy the privacy of the oversized lot, or put the incredible detached workshop to work. Complete with hydro and three overhead roll-up doors, it's ideal for contractors, hobbyists, collectors, home-based businesses or anyone needing exceptional storage space. Recent improvements include a newer furnace, central air conditioning, updated electrical breaker panel, copper wiring, water softener and many updated windows. Connected to municipal water, with municipal sewer available nearby for future connection (buyer to satisfy themselves regarding availability and costs).Located just minutes from Barrie South GO Station, Highway 400, shopping, schools, parks and Lake Simcoe, this property is positioned within one of Barrie's expanding growth areas, making it an outstanding opportunity for families, investors and buyers looking toward the future. Large lots. Prime locations. Unlimited possibilities. They simply aren't making any more land.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$5,700
Lot Size80 ft x 200 ft
mls© NumberS13841292
Listed ByRE/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%
$6,142
Property tax
$475
Heat allowance
$150
Housing costs
$6,767 / mo

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

Down payment20% · $240,000
25-yr amortization

Income needed

$208,000

gross annual household income

Payment at 4%
$5,050 / mo
Cash down
$240,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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