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Listed 10 days ago

28 Alexander Avenue

Codrington, Barrie

$649,999

Detached|Bungalow
2 | 2 | 3
About this home

This beautifully updated two-bedroom bungalow is being offered for the first time ever - a rare opportunity to own a home that has been loved and cared for by one family for decades. That kind of stewardship shows in every detail. The main floor features two spacious bedrooms, a bright living and dining area, and a kitchen with stainless steel appliances. Two washrooms provide flexibility, including an en-suite opportunity, and the upper laundry adds everyday convenience. The super private backyard is perfect for relaxing or entertaining, and the detached garage offers secure storage. The basement offers a real opportunity for a separate apartment - a separate entrance is already in place, making it easy to create a rental unit, in-law suite, or income-generating space. Easy access to public schools makes this ideal for families, while the east-end location keeps you close to shopping, parks, and quick routes to Highway 400.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age31-50
Size700-1100 sq. ft.
Property Tax$4,856
Lot Size60 ft x 100 ft
mls© NumberS13884416
Listed ByEXP 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
$405
Heat allowance
$150
Housing costs
$3,882 / mo

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

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

Income needed

$119,000

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

Values and trends

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