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Alcona, Innisfil
$449,000
Brand new modular bungalow on a land lease adult community in Innisfil. Approximately 1,060 square feet of thoughtfully designed living space featuring 2 bedrooms, 2 bathrooms, and top-quality finishes throughout. Open-concept main floor with spacious living room, dining area with walk-out to a new 14x20 deck, and a stunning kitchen boasting solid oak cabinetry with white wash finish, centre island, vinyl flooring, and name-brand appliances (fridge, stove/oven, microwave & dishwasher, all new). Primary bedroom features a huge walk-in closet and private 3-piece ensuite. Second bedroom with closet and access to 4-piece main bath. Solid oak vanities in both bathrooms. Abundant storage throughout. Additional highlights: Trane forced-air gas furnace, owned hot water tank, central A/C, air exchanger, and Trimlock Thermal Cladding System skirting for year-round efficiency. New driveway (TBD). Asphalt shingle roof, vinyl siding exterior, concrete pad foundation. Private parking. 1-year warranty on home. All appliances, furnace & hot water tank covered under manufacturer warranty. Truly turnkey, just move in and enjoy! Land Lease Rental Fee Breakdown = Rent: $870.00 + Monthly Site Tax: $54.21(Approx.) + Monthly Home Tax: 110.64(Approx.) Total: 1,034.84.
No extras listed.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | --- |
| Lot Size | 0 ft x 0 ft |
| mls© Number | N13685856 |
| Listed By | RARE REAL ESTATE |
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 estimated carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,298
- Property tax (estimated)
- $0
- Heat allowance
- $150
- Housing costs
- $2,448 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$75,000
gross annual household income
- Payment at 4%
- $1,889 / mo
- Cash down
- $89,800
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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