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New6 days ago

52 Parkside Drive

Queen's Park, Barrie

$499,000

Detached|2-Storey
3 | 2 | 5
About this home

**Century Charm, Prime Queens Park Location & Exciting Investment Potential** Set in Barrie's sought-after Queens Park neighbourhood, this character-filled century home combines timeless details with thoughtful updates and an impressive range of possibilities. Offering plenty of space to spread out, the home sits on a generous 54' x 132' lot directly across from a large park with tennis courts. Quiet area, well-manicured exterior, and an interior ready for quality living! Inside, original character shines through with 9' ceilings, beautiful trim, a classic parlour, and a dedicated dining room. The bright eat-in kitchen features a separate pantry and peninsula, while the spacious great room adds a vaulted ceiling, gas fireplace, and 3-piece bathroom. Step outside from the great room onto the large deck overlooking the fully fenced backyard, complete with mature gardens, a shed/playhouse, and plenty of room to relax or entertain. Upstairs, you'll find three bedrooms, additional storage, and a charming 4-piece bathroom with a clawfoot tub. The finished basement adds valuable flexibility with a bonus room that could serve as a fourth bedroom, along with laundry and additional storage. The exterior offers excellent functionality with a double driveway accommodating up to five vehicles, patterned concrete, a detached single garage, dedicated garbage storage, stone pathways, and established perennial gardens throughout the property. Recent improvements include a new roof (2024), new vinyl flooring (2024), new staircase (2024), on-demand hot water system, and central air conditioning. Adding even more potential, the property is zoned RM2, allowing for multi-unit residential possibilities, subject to applicable approvals and municipal requirements. With similar development taking place nearby, this is an opportunity worth exploring for homeowners, builders, and investors alike.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age100+
Size1100-1500 sq. ft.
Property Tax$4,405
Lot Size54 ft x 132 ft
mls© NumberS14028636
Listed ByRE/MAX REALTRON REALTY INC.

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%
$2,554
Property tax
$367
Heat allowance
$150
Housing costs
$3,071 / mo

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

Down payment20% · $99,800
25-yr amortization

Income needed

$94,000

gross annual household income

Payment at 4%
$2,100 / mo
Cash down
$99,800

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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