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Listed 2 months ago

1635 Innisfil Beach Road

Alcona, Innisfil

$649,900

Detached|Bungalow
3 | 2 | 5
About this home

Rare 60x220 ft lot on the Innisfil Beach Road corridor - 13,110 sq ft of RR-zoned land with municipal services already at the lot line. Currently tenanted at $2,700/month, with rental income supporting carrying costs while a future owner pursues longer-term plans. A practical land-bank opportunity on a transforming arterial corridor in one of Innisfil's fastest-growing communities, with RR zoning offering flexibility on permitted uses and meaningful lot depth for future optionality. Buyer to conduct their own due diligence with the Town of Innisfil regarding zoning, permitted uses, and development potential. For the owner-occupier or tradesperson, the property offers something harder to find in Alcona: a deep, private lot with room to work, store equipment, and live well without subdivision restrictive covenants. The existing 3-bedroom detached bungalow features a finished walk-out basement with second living area and wood-burning fireplace, and attached garage with inside entry. The deep treed backyard creates a quiet setting despite the main-road location. Minutes from Innisfil Beach Park, Lake Simcoe, Alcona's shops and schools, and quick Highway 400 access.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. Age31-50
Size1100-1500 sq. ft.
Property Tax$7,214
Lot Size60 ft x 220 ft
mls© NumberN13492198
Listed ByGOLDFARB REAL ESTATE 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%
$3,326
Property tax
$601
Heat allowance
$150
Housing costs
$4,078 / mo

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

Down payment20% · $129,980
25-yr amortization

Income needed

$125,000

gross annual household income

Payment at 4%
$2,735 / mo
Cash down
$129,980

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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