706 Reid Street
Alcona, Innisfil
$699,900
Beautifully renovated home in a terrific neighbourhood. Just down the street to the bottom of 9th line and Lake Simcoe. Full size single car garage with man door at rear to yard. Easy parking for 4+ on the driveway. Recently added front porch and decking at side entrance.Heat pump offers heat in winter and air in summer. Gas fireplace in living room.Beautiful custom kitchen bar counter and matching coat rack. Built in closet and shoe rack in master bdrm. Quartz kitchen counter with large single stainless steel sink, custom faucet and water dispenser, custom backsplash. Custom live edge wood bar counter makes for great entertaining. Second floor used for office/work area and either 3rd bdrm or recreation room.
No extras listed.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,030 |
| Lot Size | 50 ft x 135 ft |
| mls© Number | N13602004 |
| Listed By | RE/MAX CROSSTOWN 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%
- $3,582
- Property tax
- $336
- Heat allowance
- $150
- Housing costs
- $4,068 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$125,000
gross annual household income
- Payment at 4%
- $2,945 / mo
- Cash down
- $139,980
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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