850 Isobel Avenue
Historic Lakeshore Communities, Georgina
$1,100,000
Absolutely Stunning Fully Updated, Renovated & Upgraded Home On A Large Double Private Lot Next To Lakefront Properties With Deeded Access To The Beach. Featuring 4+2 Bedrooms, 3 Bathrooms, Open Concept Living/Dining, And A Beautiful Kitchen With High-End Appliances. Fully Finished Basement, Sauna, And A 400 Sq. Ft. Deck Perfect For Entertaining. Property Also Has A Short-Term Rental License And Generates Approximately $80K Annually. Hundreds Of Thousands Spent On Renovations.This Listing Is Also Attached To MLS Listing N13108672, N13108688, N13108678.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 51-99 |
| Size | 1500-2000 sq. ft. |
| Property Tax | $5,730 |
| Lot Size | 50.01 ft x 150.04 ft |
| mls© Number | N13108512 |
| Listed By | KINGSWAY REAL ESTATE |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,630
- Property tax
- $478
- Heat allowance
- $150
- Housing costs
- $6,258 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$193,000
gross annual household income
- Payment at 4%
- $4,629 / mo
- Cash down
- $220,000
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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