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New4 days ago

17 Drake Drive

Painswick South, Barrie

$679,000

Detached|2-Storey
3 | 3 | 6
About this home

5 Reasons Why You Will Love This Detached 2-Storey Home: 1)Spacious Primary Bedroom Filled With Natural Light, Featuring His-And-Her Closets And A Private 4-Piece Ensuite. 2) Freshly Painted Throughout! The Bright Main Floor Is Filled With Natural Light And Features A Spacious Living Room, Dining Room, And Kitchen With Breakfast Area And Walk-Out To The Landscaped Backyard. 3)Finished Basement Offering Flexible Space for an In-Law Suite, Guest Accommodation or Work-From-Home Office. 4)Detached Double-Car Garage with parking for up to four vehicles! 5) Prime Location! Close to Royal Victoria Regional Health Centre, Schools, Parks, Shopping, Restaurants, Recreation, Barrie South GO Station and Major Highways.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$4,796
Lot Size32.8 ft x 111.54 ft
mls© NumberS14079718
Listed ByREALTY EXECUTIVES PRIORITY ONE LIMITED

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%
$3,475
Property tax
$400
Heat allowance
$150
Housing costs
$4,025 / mo

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

Down payment20% · $135,800
25-yr amortization

Income needed

$124,000

gross annual household income

Payment at 4%
$2,857 / mo
Cash down
$135,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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