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Listed 13 days ago

205 Dunsmore Lane

Georgian Drive, Barrie

$699,999

Detached|Bungalow-Raised
3 | 2 | 3
About this home

EXCELLENT INVESTMENT OPPORTUNITY IN A PRIME BARRIE LOCATION! Ideally situated within walking distance to Georgian College and Royal Victoria Regional Health Centre (RVH), making this an attractive option for investors. The home features 3 bedrooms on the upper level plus an additional 3 bedrooms in the lower level, offering excellent income potential. The lower level features a separate entrance and granny suite, providing added flexibility. Bright, open-concept layout with ceramic and laminate flooring throughout. Conveniently located close to public transit, shopping, schools and everyday amenities. Approximately 2,045 sq. ft. of finished living space. Property is currently tenanted; please allow 24 hours' notice for all showings. All measurements are approximate.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,593
Lot Size33 ft x 110 ft
mls© NumberS13869540
Listed ByUNION CAPITAL REALTY

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%
$3,583
Property tax
$383
Heat allowance
$150
Housing costs
$4,116 / mo

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

Down payment20% · $140,000
25-yr amortization

Income needed

$127,000

gross annual household income

Payment at 4%
$2,946 / mo
Cash down
$140,000

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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