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Price Change$475,000

1920 Applewood Avenue

Alcona, Innisfil

$485,000

Detached|2-Storey
3 | 2 | 8
About this home

Potential. Possibility. Opportunity.Set within the charming community of Alcona in Innisfil, this property offers an opportunity to reimagine a home and create something of your own. Ready for a new chapter, the existing home presents a canvas for buyers with vision, creativity, and an appreciation for the possibilities that come with a renovation project. Whether you're looking to create a home tailored to your own style or explore its potential as an investment, this is an opportunity to bring your ideas to life.The surrounding neighbourhood is a definite highlight, with a welcoming residential feel and the kind of established community setting that makes this such an appealing place to call home. Conveniently located near local amenities, schools, parks, and Lake Simcoe, the setting offers plenty of appeal for what comes next. For those willing to roll up their sleeves and see the potential beyond the present, this could be the opportunity you've been waiting for.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$3,700
Lot Size49.2 ft x 131.2 ft
mls© NumberN14099106
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%
$2,482
Property tax
$308
Heat allowance
$150
Housing costs
$2,941 / mo

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

Down payment20% · $97,000
25-yr amortization

Income needed

$90,000

gross annual household income

Payment at 4%
$2,041 / mo
Cash down
$97,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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