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New2 days ago

54 Red Maple Lane

Innis-Shore, Barrie

$399,000

Freehold Townhouse|3-Storey
2 | 3 | 2
About this home

Beautifully designed Elm Model back-to-back townhome offering 1,425 sq. ft. of bright, modern living space. Featuring 2 bedrooms + den, 2.5 bathrooms, and an open-concept layout, this home is ideal for first-time buyers, downsizers, or investors. Large south-facing windows fill the home with natural light, while the main floor offers 9-foot ceilings, a modern kitchen with ample cabinetry, and a large breakfast bar overlooking the spacious living and dining areas. The bright second floor features a bedroom with balcony access, and the primary suite includes a walk-in closet and a 4-piece ensuite. Laundry adds extra functionality. Complete with a single-car garage, parking for 1 additional vehicle, and POTL $175/month, this home is just minutes from the GO Station, Highway 400, Lake Simcoe, the beach, parks, shopping, schools, and Friday Harbour Resort. The tenant currently occupies the property. Once vacated, the home will be freshly painted and professionally cleaned prior to closing. Some photos of the property are shown before tenancy as vacant state.

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This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeAtt/Row/Townhouse
Style3-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,038
Lot Size20.67 ft x 49.38 ft
mls© NumberS14082558
Listed ByCOLDWELL BANKER IKC 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%
$2,042
Property tax
$337
Heat allowance
$150
Housing costs
$2,529 / mo

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

Down payment20% · $79,800
25-yr amortization

Income needed

$78,000

gross annual household income

Payment at 4%
$1,679 / mo
Cash down
$79,800

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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