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Listed 4 months ago

1409 Lormel Gate Avenue

Lefroy, Innisfil

$1,629,000

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

Gorgeous Stunning 6 Bedroom Home In The Sought-After Neighborhood Of Innisfil. Features High-Quality Finishes Throughout The Entire House. Perfect Open-Concept Layout With Large Windows, Very Bright House. Spacious 4 Bedrooms. Main Bedroom Is Like A Retreat With A Stunning Huge En-Suite Washroom With Upgraded Finishes (Vanity, Faucets, Showers, And Heated Floors In The En-Suite Washroom). Approximately $200K Spent On Upgrades. Corner Lot With A Huge Backyard And Walk-Out Basement. Basement Has A Large Living Room And 2 Big-Size Bedrooms (Full 2 Bedroom Apartment) Rented For $2,200, AAA Tenants Willing To Stay. Don't Miss The Chance To Own This Beautiful Home.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. AgeNot available
Size3500-5000 sq. ft.
Property Tax$6,991
Lot Size59.75 ft x 98.43 ft
mls© NumberN13427582
Listed ByROYAL STAR REALTY INC.

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%
$8,338
Property tax
$583
Heat allowance
$150
Housing costs
$9,071 / mo

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

Down payment20% · $325,800
25-yr amortization

Income needed

$279,000

gross annual household income

Payment at 4%
$6,855 / mo
Cash down
$325,800

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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