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Listed 1 month ago

1950 Mill Street

Alcona, Innisfil

$899,000

Detached|2-Storey
4 | 3 | 6
About this home

Welcome to 1950 Mill Street! This Spectacular Upgraded 4 Bedroom Home Backs Onto A Greenspace Feautring An Open Flow Main Floor W/ 9' Ceilings, Hardwood Floors Throughout 1st and 2nd Floors. Open Concept Kitchen W/ Quartz Countertops, S/S appliances, Double Sink, Breakfast Area W/ Walk Out Accessing Backyard Oasis. Polished Porcelain Tiles Flowing Throughout Main Floor. Large Master Bedroom Features An Open Walk-In Closet, Upgraded 4 pc ensuite W/ Glass Shower and Corner Tub, Upgraded 3 pc Bathroom W/ Glass Sliding Doors. Finished Basement W/ Pot Lights, Offering Addtional Entertainment Space And Open Concept.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$4,866
Lot Size40.02 ft x 114.82 ft
mls© NumberN13789162
Listed ByKELLER WILLIAMS EXPERIENCE 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%
$4,601
Property tax
$406
Heat allowance
$150
Housing costs
$5,157 / mo

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

Down payment20% · $179,800
25-yr amortization

Income needed

$159,000

gross annual household income

Payment at 4%
$3,783 / mo
Cash down
$179,800

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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