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Painswick South, Barrie
$675,000
Welcome to 162 Madelaine Drive in Barrie's Painswick South neighbourhood-a home with just the right amount of space in a location that makes everyday life easy. Whether you're a first-time buyer, looking to right-size, or simply want a home that fits your lifestyle, this is a place to settle in and make your own. The neighbourhood has plenty to love. Madelaine Park offers a nearby place to get outside, while the Painswick Branch of the Barrie Public Library is another welcome community resource. Nearby schools include Mapleview Heights Elementary School, Ecole élémentaire La Source and St. Peter's Catholic Secondary School. When it's time to shop, dine or run errands, Park Place brings together a wide selection of stores and restaurants in Barrie's south end. Georgian Mall offers even more shopping options across the city. Barrie South GO Station, local transit and access to Highway 400 also make this a practical address for commuters and anyone travelling throughout the region. On weekends, enjoy Barrie's waterfront, downtown restaurants and local attractions, then come home to a neighbourhood with the essentials close by. With its just-right size and convenient setting, 162 Madelaine Drive offers an appealing fit for your next chapter.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 16-30 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,800 |
| Lot Size | 39.38 ft x 111.57 ft |
| mls© Number | S13857588 |
| Listed By | CENTURY 21 HERITAGE GROUP LTD. |
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%
- $3,455
- Property tax
- $400
- Heat allowance
- $150
- Housing costs
- $4,005 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$123,000
gross annual household income
- Payment at 4%
- $2,841 / mo
- Cash down
- $135,000
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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