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Listed 5 months ago

1703 Innisfil Beach Road

Rural Innisfil, Innisfil

$12,800,000

Detached|Bungalow
3 | 2 | 4
About this home

Area: 2,019,748.96 SF (46.367 Acres) - Excellent opportunity to acquire a large-scale future development site on the rapidly evolving Innisfil Beach Road corridor. This property offers significant frontage and depth, creating flexibility for a wide range of future uses, while being supported by holding income from an existing detached bungalow and garage.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$7,959
Lot Size675.21 ft x 2289 ft
mls© NumberN12958996
Listed ByREMAX YOUR COMMUNITY 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%
$65,516
Property tax
$663
Heat allowance
$150
Housing costs
$66,329 / mo

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

Down payment20% · $2,560,000
25-yr amortization

Income needed

$2,041,000

gross annual household income

Payment at 4%
$53,864 / mo
Cash down
$2,560,000

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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