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For saleMLS® N13490250

2831 HWY 89, Innisfil, ON L0L 1L0

Cookstown · L0L 1L0

$950,000

$475 / sq ft

4 months on market

Bedrooms
3+2
Bathrooms
3
Interior
2,000 sf
Parking
10
Lot
114.99 × 220 ft

What's special

  • Built-in garage
  • Pool
  • Central air
  • Walk-out basement
  • Fireplace

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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.

Rooms

12 rooms. Dimensions as published by the listing brokerage.

Room dimensions and features
RoomLevelDimensionsFeatures
KitchenMain7.20 × 3.85 m23.6 × 12.6 ftEat-in Kitchen · Centre Island · Pantry
Dining RoomMain5.83 × 3.80 m19.1 × 12.5 ftLaminate · Floor/Ceil Fireplace · French Doors
Family RoomMain6.19 × 6.95 m20.3 × 22.8 ftLaminate · Floor/Ceil Fireplace · W/O To Sunroom
SunroomMain6.19 × 2.19 m20.3 × 7.2 ft—
Primary BedroomMain5.15 × 3.72 m16.9 × 12.2 ftLaminate · 4 Pc Ensuite · Closet
Bedroom 2Main3.34 × 3.06 m11.0 × 10.0 ftLaminate · Closet
Bedroom 3Main3.35 × 3.70 m11.0 × 12.1 ftLaminate · Closet
RecreationMain7.01 × 4.34 m23.0 × 14.2 ftLaminate · W/O To Patio · Floor/Ceil Fireplace
KitchenMain5.88 × 2.80 m19.3 × 9.2 ftLaminate · Wet Bar
Game RoomMain2.84 × 3.54 m9.3 × 11.6 ftLaminate · B/I Bookcase
Bedroom 4Lower4.32 × 3.78 m14.2 × 12.4 ft—
Bedroom 5Lower3.90 × 2.81 m12.8 × 9.2 ft—

Features

  • Other

Property details

Property

Property type
detached
Bedrooms
3 + 2
Bathrooms
3
Interior size
2,000 sq ft
Lot size
114.99 × 220 ft
Possession
TBD

Interior

Basement
Finished with Walk-Out
Heating
Forced Air · Propane
Cooling
Central Air
Fireplaces
1
Exposure
South

Exterior & services

Construction
Brick
Garage
Built-In
Parking spaces
10
Pool
Inground
Water
Drilled Well
Sewer
Septic

Costs

List price
$950,000
Property taxes
$6,396 / year (2026)
Price per sq ft
$475

Listing

MLS® number
N13490250
Status
For sale
Listed
June 25, 2026
Days on market
132
Last updated
August 7, 2026
Listing brokerage
CMI REAL ESTATE INC.

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced in line with comparable listings — about 32% of comparable detached listings in Cookstown are asking less.

$588KMedian $1.30M$1.67M
This home
$475 / sq ft
Comparable median
$500 / sq ft

Based on 19 comparable active detached listings in Cookstown. These are asking prices, not sale prices.

Mortgage estimate

Down payment7.4% · minimum $70,000
$70,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$4,865.67
Property tax (est.)
$533.04
Estimated monthly
$5,399

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$15,475
Total due on closing
$15,475

An estimate on the asking price of $950,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of CMI REAL ESTATE INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$950,000

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