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Listed 2 months ago

933 7th Line

Alcona, Innisfil

$1,699,900

Detached|2-Storey
4 | 5 | 6
About this home

Welcome home to 933 7th Line in Alcona. Not only offering 4 spacious bedrooms and 3.5 bathrooms, this stunning modern residence also includes a beautiful 2 bedroom 1 Bath legal basement apartment. This home has been thoughtfully designed with luxury, comfort, and functionality in mind. The Main floor features 9 ft. ceilings w/8 ft. entry ways, elegant kitchen with 8' Island and Quartz counters, Gas range, walk-in pantry, stainless steel appliances, under cabinet lighting and a walkout to a large covered patio w/gas BBQ hook up. The family room features 12 ft ceilings, gas fireplace, and extra large windows. Engineered hardwood flooring throughout the home are complemented by a solid oak staircase. The second floor, also with 9 ft ceilings and 8 ft entry ways, boasts 2 primary suites both with ensuite washrooms as well as two other generously sized bedrooms, a shared washroom and large laundry room. The legal 2 bedroom 1 bath basement apartment with its own private entrance, can provide income or be used as an in-law suite giving the owner of this home ample flexibility. There is a full irrigation system and the yard will be fully fenced and ready to move in. Only steps to the Lake, this home is sure to please even the most discerning buyer.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. AgeNew
Size2500-3000 sq. ft.
Property Tax$1,414
Lot Size50 ft x 150 ft
mls© NumberN13505510
Listed ByROYAL LEPAGE FIRST CONTACT 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%
$8,701
Property tax
$118
Heat allowance
$150
Housing costs
$8,969 / mo

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

Down payment20% · $339,980
25-yr amortization

Income needed

$276,000

gross annual household income

Payment at 4%
$7,153 / mo
Cash down
$339,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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