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Featured
Listed 9 days ago

684 Lakelands Avenue

Alcona, Innisfil

$1,075,000

Detached|2-Storey
3 | 3 | 6
About this home

Directly across from a waterfront park with dock, seating & step-in access to Lake Simcoe-enjoy true lakeside living without the waterfront price tag. This extensively renovated home offers approx. 1,800 sq. ft. above grade PLUS a basement now approx. 90% finished.High-end finishes throughout include 7" wide-plank hardwood, 10' solid wood doors, pot lights, premium lighting, a dramatic 20' foyer & custom staircase with iron spindles. The showpiece custom oak kitchen features ceiling-height cabinetry, quartz countertops, full-height custom backsplash, high-end appliances including induction cooktop & an oversized 12-person island designed for entertaining. The living space is anchored by a new gas fireplace with custom mantle.Upstairs offers spacious bedrooms, including a primary suite with large ensuite & custom walk-in closets. Bathrooms feature custom cabinetry, quartz surfaces & glass showers.Major updates extend well beyond cosmetics with NEW furnace, A/C, all new windows & doors, new fence , decks and asphalt driveway and interlocking. The lower level adds substantial additional living space with drywall, taping & mudding complete, 1 bedroom, open office area, living/recreation space & full 4 pc bathroom rough-in ready for finishing touches.Double garage, new driveway, interlock patio & flagstone outdoor space. The property has also demonstrated strong vacation rental performance, offering flexibility for personal use or income potential.Walk across the street & step into Lake Simcoe an exceptional combination of design, location & lifestyle.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. Age16-30
Size1500-2000 sq. ft.
Property Tax$5,127
Lot Size47.11 ft x 100 ft
mls© NumberN13657916
Listed ByCOLDWELL BANKER THE REAL ESTATE CENTRE

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%
$5,502
Property tax
$427
Heat allowance
$150
Housing costs
$6,080 / mo

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

Down payment20% · $215,000
25-yr amortization

Income needed

$187,000

gross annual household income

Payment at 4%
$4,524 / mo
Cash down
$215,000

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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