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Rural Innisfil, Innisfil
$1,099,900
Well maintained 2 storey century home with plenty of space, character and a unique two unit setup. The main home offers generous living space, while the second unit is a legal apartment above the detached 3 car garage with its own parking and in-suite laundry. With two separate driveways, parking for up to 13 vehicles and the opportunity to generate rental income to help offset monthly mortgage costs, this property offers plenty of flexibility. Located in a quiet Innisfil community just a short walk from parks, marinas and the shores of Lake Simcoe, and only minutes from shops, restaurants and everyday amenities.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $4,794 |
| Lot Size | 82 ft x 165 ft |
| mls© Number | N13793708 |
| Listed By | TONY K REAL ESTATE |
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%
- $5,630
- Property tax
- $400
- Heat allowance
- $150
- Housing costs
- $6,179 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$190,000
gross annual household income
- Payment at 4%
- $4,629 / mo
- Cash down
- $219,980
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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