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Listed 1 month ago

286 Siberia Road

570 - Madawaska Valley, Madawaska Valley

$399,900

Detached|Bungalow
3 | 2 | 5
About this home

Location! Location!, Walking distance to all amenities in downtown Barry's Bay. Barry's Bay has a number of restaurants, shops, pharmacy, post office, and the St Francis Hospital is just a stones throw away. The home is a bright, solid 3 bedroom up, one bedroom down brick bungalow with two baths on a very private lot partially surrounded with a huge cedar hedge. The home has been well maintained and cared for which is evident from the moment you walk in. Enjoy the views of the lake from your living room and watch the deer feed in the fields across the road. The basement is full and partially finished waiting for your finishing touches. There is a large 29x 25 garage/workshop with a metal roof, complete with electricity on the property to store all your toys. The property is located in the heart of some of the best Snowmobile and ATV trails that Ontario has to offer. There are a number of lakes all within a short drive offering excellent fishing, swimming, and boating. Lake Kamaniskeg can be seen from anywhere on the property with a public beach close by.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$2,221
Lot Size100 ft x 150 ft
mls© NumberX13619972
Listed ByROYAL LEPAGE TEAM 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%
$2,047
Property tax
$185
Heat allowance
$150
Housing costs
$2,382 / mo

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

Down payment20% · $79,980
25-yr amortization

Income needed

$73,000

gross annual household income

Payment at 4%
$1,683 / mo
Cash down
$79,980

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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