2678 25th Side Road
Rural Innisfil, Innisfil
$425,000
A rare opportunity to live and build in beautiful Innisfil Beach. This oversized lot of 50 X 200 feet with and approximate 700 sq ft bungalow frame features so much potential. Enjoy the possibilities of Simcoe County grant of a secondary suite program with no development charges. Located walking distance from many amenities and the fantastic Lake Simcoe
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 700-1100 sq. ft. |
| Property Tax | $3,393 |
| Lot Size | 50 ft x 200 ft |
| mls© Number | N13074692 |
| Listed By | CENTURY 21 LEADING EDGE 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%
- $2,175
- Property tax
- $283
- Heat allowance
- $150
- Housing costs
- $2,608 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$80,000
gross annual household income
- Payment at 4%
- $1,788 / mo
- Cash down
- $85,000
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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