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Alcona, Innisfil
$649,900
Opportunity in an established Innisfil neighbourhood, just minutes from Innisfil Beach Park and Lake Simcoe. This detached bungalow offers 3 bedrooms and 2 bathrooms with additional finished living space in the basement. The main floor features a functional layout with an updated kitchen, stone counters and walkout to the rear deck. A standout feature is the detached double garage with electrical service and natural gas heat, providing excellent space for vehicles, a workshop, hobbies or additional storage. The home would benefit from repairs, updating and some finishing work, making it a good fit for a buyer who sees the potential and is comfortable taking on a project. Conveniently located close to the lake, parks, schools, shopping and everyday amenities.
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| Type | Detached |
| Style | Bungalow-Raised |
| Approx. Age | 51-99 |
| Size | 700-1100 sq. ft. |
| Property Tax | $4,066 |
| Lot Size | 99.83 ft x 64.58 ft |
| mls© Number | N13790736 |
| Listed By | RE/MAX HALLMARK CHAY 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%
- $3,326
- Property tax
- $339
- Heat allowance
- $150
- Housing costs
- $3,815 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$117,000
gross annual household income
- Payment at 4%
- $2,735 / mo
- Cash down
- $129,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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