11 Red Robin Road
Historic Lakeshore Communities, Georgina
$1,350,000
Perfect for End-Users or Investors. This Move-in Ready home offers Strong Income Potential with a 1049 sqf Finished Walkout Basement and In-Law Suite, plus Licensed Airbnb Use. Per the Seller, Airbnb income: Summer $900 / night on weekends & $700/ night on weekdays; Winter: $700 /night on Weekends & $500/ night for Weekdays. Cleaning : Flat fee $300. Featuring Sizeable 4+2 Bedrooms, Two Expansive Decks, and Recent Upgrades Throughout. Enjoy Canal Views just Steps from Lake Simcoe - Bring your Toys and Live the Lifestyle.All Furnitures, Kayaks, Bikes, BBQ and more are negotiable.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $4,866 |
| Lot Size | 50 ft x 225 ft |
| mls© Number | N13173674 |
| Listed By | JDL REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $6,910
- Property tax
- $406
- Heat allowance
- $150
- Housing costs
- $7,465 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$230,000
gross annual household income
- Payment at 4%
- $5,681 / mo
- Cash down
- $270,000
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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