New2 days ago
962 COLE Street
Rural Innisfil, Innisfil
$899,000
Detached|2-Storey
4 | 4 | 5
About this home
Great family neighborhood close to parks, Lake Simcoe, Rec center, medical building, shopping, and more.
Extras
No extras listed.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 6-15 |
| Size | 3000-3500 sq. ft. |
| Property Tax | $6,626 |
| Lot Size | 42 ft x 114.83 ft |
| mls© Number | N14121246 |
| Listed By | RE/MAX HALLMARK CHAY 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%
- $4,601
- Property tax
- $552
- Heat allowance
- $150
- Housing costs
- $5,304 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $179,800
25-yr amortization
Income needed
$163,000
gross annual household income
- Payment at 4%
- $3,783 / mo
- Cash down
- $179,800
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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