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New5 days ago

2366 Tall Tree Lane

Alcona, Innisfil

$399,000

Detached|Bungalow
2 | 1 | 2
About this home

An opportunity awaits for builders, investors, renovators, or buyers looking to bring their vision to life. Whether you choose to restore the existing home or start fresh and explore the potential for a new build, this property offers a chance to create something truly your own. Bring your ideas and unlock the possibilities this property has to offer.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow
Approx. Age51-99
Size< 700 sq. ft.
Property Tax$2,153
Lot Size66 ft x 145 ft
mls© NumberN14115392
Listed ByRevel 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%
$2,042
Property tax
$179
Heat allowance
$150
Housing costs
$2,372 / mo

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

Down payment20% · $79,800
25-yr amortization

Income needed

$73,000

gross annual household income

Payment at 4%
$1,679 / mo
Cash down
$79,800

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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