

1186 MARY-LOU Street
Alcona, Innisfil
$639,900
Upgraded freehold townhouse, backing onto a ravine. Walk-out basement with fenced back yard. The walk-out basement has a 3pc bath and a large cold room with the possibility of adding a kitchen and the potential for an in-law suite. Entrance from Garage to laundry room/mud room. Large primary bedroom with ensuite bath and W/I closet. This home is perfect for first time buyers with a young family who wants to get in the housing market or empty nesters who wants to live in a smaller house instead of an apartment. The possibilities are endless in this well established enclave of freehold townhouses and detached homes. Close to all amenities, Schools, public transit, shopping, the beach
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| Type | Att/Row/Townhouse |
| Style | 2-Storey |
| Approx. Age | 6-15 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,130 |
| Lot Size | 20.8 ft x 114.7 ft |
| mls© Number | N13498354 |
| Listed By | RIGHT AT HOME 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%
- $3,275
- Property tax
- $344
- Heat allowance
- $150
- Housing costs
- $3,769 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$116,000
gross annual household income
- Payment at 4%
- $2,693 / mo
- Cash down
- $127,980
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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