1368 Forest Street
Alcona, Innisfil
$580,000
Opportunity knocks in Innisfil! This 4-bedrooms, 3-bath Freehold End unit Townhouse is priced to reflect its current condition and offers tremendous potential for the right buyer. Featuring a double-car garage, central air conditioning, central vacuum, and an unfinished basement, there is plenty of room to renovate, finish, and customize to your taste. The unfinished basement offers excellent potential for additional living space or future value. Shingles were replaced approximately 5 years ago. Previously rented long-term, the home would benefit from interior updates and cosmetic improvements, making it a great choice for renovators, investors ,or buyers looking to build equity. Listed at $580,000-a great opportunity to get into theInnisfil market.Priced to reflect current condition and renovation potential."
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| Type | Att/Row/Townhouse |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $3,900 |
| Lot Size | 40.26 ft x 140.52 ft |
| mls© Number | N13475822 |
| Listed By | RE/MAX REALTRON 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%
- $2,969
- Property tax
- $325
- Heat allowance
- $150
- Housing costs
- $3,444 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$106,000
gross annual household income
- Payment at 4%
- $2,441 / mo
- Cash down
- $116,000
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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