$950,000
Est. payment $4,206/moCalculate yours
2831 HWY 89, Innisfil, ON L0L 1L0
Cookstown, Innisfil, ON L0L 1L0
- 3 + 2 Beds
- 3 Baths
- 2 Garage
- 2,000 Sq Ft
Listing courtesy of CMI REAL ESTATE INC. MLS® N13490250
About this home
Turn-key investment opportunity with immediate rental income! This approx. 2,400 sq. ft. raised bungalow features a separate entrance and fully finished walk-out basement-ideal for multi-unit living or extended family use. Offering 3+2 bedrooms and 3 bathrooms, the layout provides strong rental flexibility and future upside.Currently tenanted with reliable income of $2,700/month, making it an excellent addition to any investment portfolio or a great option for buyers looking to offset carrying costs.Situated on a desirable lot with a private backyard oasis, including a saltwater pool and fire pit-features that enhance tenant appeal and long-term value. Interior upgrades include a modernized kitchen, upgraded baseboards, and crown moulding, contributing to its move-in ready condition.Conveniently located minutes from Hwy 400, Tanger Outlets, and Gilford Beach, ensuring strong rental demand and lifestyle appeal. A solid income-producing property with both immediate cash flow and future potential.
Property details
Overview
- Property Type
- Detached
- Style
- Bungalow-Raised
- For
- For Sale
- Status
- New
- Size
- 2,000 sqft
Interior
- Bedrooms
- 3 + 2
- Bathrooms
- 3
- Kitchens
- 2
- Total Rooms
- 11
- Basement
- Finished with Walk-Out
Building & Systems
- Heating
- Forced Air (Propane)
- Cooling
- Central Air
- Exterior
- Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Water
- Well
- Sewer
- Septic
Lot & Parking
- Lot Size
- 114.99 x 220 Feet
- Parking
- Built-In garage · 10 total
Financial
- Property Taxes
- $6,396 (2026)
Location
- Neighbourhood
- Cookstown
- Cross Street
- Hwy 89/10th Line
- Direction Faces
- South
Listing
- MLS® Number
- N13490250
- Days on Market
- 115
- Listed On
- 2026-06-25
- Possession
- TBD
- Listed By
- CMI REAL ESTATE INC.
Rooms
Features
Interior
- Other
Property
- Fenced Yard
Pool
- Inground
- Included
- All permanently affixed fixtures are included. Seller provides no representations or warranties. Property sold in "as is, where is" condition. Sale conducted under Power of Sale.
Mortgage calculator
Estimated mortgage payment
$4,206 per month
- Principal and interest
- $4,206
- Property tax
- $533
- Condo fees
- $0
- Estimated monthly cost
- $4,739
Your mortgage
- Mortgage amount
- $760,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $501,918
Cash to close
- Down payment
- $190,000
- Land transfer tax
- $15,475
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $205,475
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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