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New6 days ago

11 BRISTOW Court

Allandale Heights, Barrie

$699,000

Detached|Bungalow-Raised
3 | 2 | 5
About this home

Exceptional, move-in-ready property offering the perfect blend of comfortable living and income potential! Situated on a desirable cul-de-sac, this beautifully updated home backs directly onto Lackie's Bush, offering a private backyard setting with no rear neighbours. The renovated main floor features a spacious living room, three bedrooms, abundant natural light, and a stunning updated kitchen with high-end appliances and elegant quartz countertops. The finished basement offers a separate kitchen, one spacious bedroom, a full bathroom, and separate laundry, currently generating $1,700/month in rental income to help offset your mortgage. The upper level was previously rented for $2,600/month, offering additional income potential for investors looking to rent both levels. Ample parking accommodates all occupants. Brand new high efficiency furnace. Enjoy the fenced backyard with a large new deck and refreshed retaining walls, perfect for relaxing or entertaining. Conveniently located approximately 10 minutes from GO stations and close to shopping, schools, and everyday amenities. Whether you're looking to live upstairs while earning rental income or add a versatile income property to your portfolio, this is an opportunity you won't want to miss!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,769
Lot Size40.01 ft x 120.02 ft
mls© NumberS14027946
Listed ByREALTY WEALTH GROUP INC.

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%
$3,578
Property tax
$397
Heat allowance
$150
Housing costs
$4,125 / mo

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

Down payment20% · $139,800
25-yr amortization

Income needed

$127,000

gross annual household income

Payment at 4%
$2,942 / mo
Cash down
$139,800

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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