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$879,900
Available - For Sale
Listing ID: S12056297
Legal 2nd Suite! Renovated Bungalow with Legal Basement Apartment in Prime Location** This beautifully updated bungalow sits on a generous 50' x 110' lot in a quiet, mature neighbourhood beside Ferris Park just minutes from shopping, major highways, and everyday amenities. Offering 5-car parking, a detached 12' x 21' garage with hydro, and a serene backyard with a cedar deck, this property is truly move-in ready. Renovated top to bottom in 2023, the main level features 3/4 engineered maple hardwood floors, a modern kitchen with quartz counters and backsplash, two gas fireplaces, and newer Frigidaire Gallery appliances. The home also includes 3 full bathrooms, dual laundry setups, and a maintenance-free water conditioner. A private side entrance leads to a **legal, self-contained 1-bedroom basement apartment** (~450 sq ft) with soundproofing, separate laundry, full kitchen and bath, and a private outdoor patio. The AAA tenant is happy to stay, offering excellent income potential with the option to convert the basement into a 2-bedroom unit. **Key Features:**- 25-yr shingles (house & garage 2018) - 200 Amp panel (2018) - Owned furnace, A/C, water heater (2023) - Upper LG laundry (2023), shared full-size basement laundry - 2 gas fireplaces - Legal apartment w/ separate entry & patio - 12x12 cedar deck (2022) - Potential for added rental income. An ideal opportunity for families, investors, or multigenerational living in a safe, sought-after community.
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $64,950 $129,900 $194,850 $259,800
First Mortgage $1,234,050 $1,169,100 $1,104,150 $1,039,200
CMHC/GE $33,936.38 $23,382 $19,322.63 $0
Total Financing $1,267,986.38 $1,192,482 $1,123,472.63 $1,039,200
Monthly P&I $5,430.69 $5,107.31 $4,811.75 $4,450.81
Expenses $0 $0 $0 $0
Total Payment $5,430.69 $5,107.31 $4,811.75 $4,450.81
Income Required $203,650.78 $191,524.05 $180,440.48 $166,905.49

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
HOMELIFE NU-KEY REALTY LTD.

26 Collete Cres , Barrie, L4M 2Z2, Simcoe

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MD Ashraful Bari
Broker
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647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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Type: Freehold - Detached
Area: Simcoe
Municipality: Barrie
Neighbourhood: Cundles East
Style: Bungalow
Lot Size: x 110.00(Feet)
Approximate Age: 51-99
Tax: $4,046.71
Maintenance Fee: $0
Beds: 3+1
Baths: 3
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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