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2831 HWY 89 N/A

Cookstown / Innisfil, ON L0L 1L0

NewActiveFor Sale
5 Beds
3 Baths
2,000 Sq Ft
Single Family Home
Virtual Tour Available

About This Property

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

StatusActive
Property TypeSingle Family Home
Listing TypeFor Sale
Interior Size2,000 sq ft
Bedrooms5
Bathrooms3
ListedJune 29, 2026
Postal CodeL0L 1L0

Features & Amenities

  • View
  • Fireplace
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® N13490250

Listed by CMI REAL ESTATE INC.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$950,000

asking price

MLS®N13490250
TypeSingle Family Home
CityInnisfil
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$4,639

/month · $760,000 mortgage

Down Payment20% — $190,000
Interest Rate5.5%

Amortization

Total Interest

$631,693

Total Cost

$1,391,693

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

Full Mortgage Calculator →

Listed By

CMI REAL ESTATE INC.