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Listed 12 days ago

1453 Bassingthwaite Court

Alcona, Innisfil

$1,050,000

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

DETACHED HOME WITH A WALK OUT BASEMENT ON A 49.23FT X 109.9FT LOT OFFERING 2416 SQ FT AND A 2 BED ROOM BASEMENT APARTMENT WITH ITS OWN SEPARATE ENTRANCE. TENANTS LIVE IN THE UPPER AND LOWER APARTMENTS, PLEASE BE DISCREET. THE SELLERS DO NOT WARRENT THE LEGAL STATUS OF THE BASEMENT APARTMENT OR RETROFIT STATUS OF THE BASEMENT APARTMENT. SLIDING DOOR WALKOUT FROM THE KITCHEN TO A 12FT X 8FT DECK, OPEN CONCEPT FLOOR PLAN.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$5,806
Lot Size49.23 ft x 109.9 ft
mls© NumberN13868660
Listed ByREMAX YOUR COMMUNITY REALTY

Listing History

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  • 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%
$5,374
Property tax
$484
Heat allowance
$150
Housing costs
$6,008 / mo

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

Down payment20% · $210,000
25-yr amortization

Income needed

$185,000

gross annual household income

Payment at 4%
$4,419 / mo
Cash down
$210,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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