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Listed 14 days ago

16 Esther Drive

Painswick South, Barrie

$650,000

Detached|Bungalow
2 | 2 | 4
About this home

An opportunity with options! This well-maintained south Barrie bungalow offers two distinct living spaces, each with its own kitchen, creating excellent flexibility for first-time buyers, downsizers, retirees or multi-generational families.The main level offers convenient one-level living with 2 bedrooms, a full bathroom, bright living space and kitchen, while the finished lower level features its own separate entrance, kitchen, bedroom, bathroom and living space. It's an ideal setup for extended family, adult children, guests or anyone wanting additional private living space.Located in Barrie's desirable south end close to shopping, restaurants, parks, schools and commuter routes, with an attached garage and parking for four vehicles. A versatile bungalow with so many ways to make it work for you. Book a showing today.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age16-30
Size700-1100 sq. ft.
Property Tax$4,376
Lot Size40.39 ft x 112.7 ft
mls© NumberS13861608
Listed ByZOLO 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%
$3,327
Property tax
$365
Heat allowance
$150
Housing costs
$3,842 / mo

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

Down payment20% · $130,000
25-yr amortization

Income needed

$118,000

gross annual household income

Payment at 4%
$2,735 / mo
Cash down
$130,000

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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