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Listed 1 month ago

674 CHESTNUT Street

Rural Innisfil, Innisfil

$529,900

Detached|Bungalow
2 | 1 | 3
About this home

2 Bedroom Bungalow on a 50' x 150' Foot Corner Lot, in a Prime Neighbourhood, Just Steps to Lake Simcoe and Leonard Beach. Perfect for first-time buyer, downsizer, investor, or anyone looking for the perfect cottage getaway. Nestled in the heart of Alcona, easy access to local amenities and Barrie's major shopping. Minutes to Highways 400 and 11. Features hardwood floors throughout, a bright kitchen with a skylight and walk-out to a spacious deck with a gas BBQ hookup. Recent updates include windows (2020), heat pump (2022), owned hot water tank, new well water pump (2025), new fencing, and a restored shed.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$2,562
Lot Size50 ft x 150 ft
mls© NumberN13582624
Listed ByLACEBY REAL ESTATE LIMITED

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%
$2,712
Property tax
$214
Heat allowance
$150
Housing costs
$3,076 / mo

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

Down payment20% · $105,980
25-yr amortization

Income needed

$95,000

gross annual household income

Payment at 4%
$2,230 / mo
Cash down
$105,980

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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