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Investment signal

$548,888

728 HASTINGS AVENUE

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Beds

2

Baths

1

Sqft

Year

Type

Single Family

Suite

Suite potential

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Innisfil (Alcona). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Top 5 Reasons You Will Love This Home: 1) Nestled on a beautifully mature, tree-lined lot, this charming property delivers both nature and convenience, just minutes from Innisfil Beach Park, Lake Simcoe, local amenities, and lakeside leisure 2) Enjoy the benefits of a fully serviced property, complete with reliable municipal water, sewer, and utilities, making maintenance effortless and worry-free 3) A solid opportunity for investors, this home comes with established tenants already in place, providing a seamless transition into rental income from day one 4) Offering affordability without compromise, this welcoming home is a fantastic entry point into the market, with the added bonus of vacant possession available upon closing 5) Delivering nearly 750 square feet of total living space, this home is filled with future potential to personalize, expand, or simply enjoy as-is. 728 fin.sq.ft. (id:65958)

Subtype
Single Family
Architectural style
Bungalow
Structure
House
Community
Alcona
Common interest
Freehold
Lot dimensions
49.8 x 187.7 FT
Bedrooms
2 above grade
Parking
4 total
Stories
1
On market
Mar 18, 2026
Status changed
Apr 23, 2026
Annual tax
$2,910
Zoning
R1
Photos
13
MLS#
N12894428
Area
INNISFIL_(ALCONA)

Features and systems

Parking

No Garage

Basement

None

Appliances

WasherRefrigeratorStoveDryer

Heating

Baseboard heatersElectric

Cooling

None

Exterior

Vinyl siding

Flooring

LaminateVinyl

Foundation

Slab
Negative cash flow ~$630/mo at these assumptions

Cash on cash

-6.89%

Cap rate

3.49%

GRM

16.6

Break-even rent

$3,413

Financing

Down payment$109,778
Loan amount$439,110
Mortgage$2,225/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$252
Insurance$80
Maintenance$457
CapEx reserve$229
Vacancy loss$138

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $2,225/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 23, 2026.

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