2831 Hwy 89, Innisfil
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. (id:1945)
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Property details for 2831 Hwy 89, Innisfil
- Type
- Residential
- Style
- Raised bungalow
- Bedrooms
- 5
- Bathrooms
- 3
- Lot Size
- 115 x 220 FT
- Stories
- 1
- Basement
- Finished, Walk out, N/A
- Parking
- Garage
- Heating
- Forced air, Propane
- Cooling
- Central air conditioning
- Exterior
- Brick
- Ownership
- Freehold
- Annual Taxes
- $6,396
Nearby Listings Stat
Estimated price and comparable properties near 2831 Hwy 89
Active Listings
1
Min Price
$950,000
Max Price
$950,000
Avg Price
$950,000
Days on Market
107
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days
Neighbourhood Census Data
Innisfil, Ontario
Population
494
Median Age
44.3
Median Income
$38,848
Dwelling Value
$460,290
Housing Tenure
Owners 90%
Renters 11%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.7
Pop. Density: 50.4/km²
Avg Shelter Cost: $1,692/mo
Owners with Mortgage: 70.6%
Owners Spending 30%+: 41.2%
Tenants Spending 30%+: 0%
English only: 95.9%
English and French: 4.1%
Neither: 1%
Median Household Income: $97,024
Median Employment Income: $43,136
Price History
Listed
June 25, 2026
by CMI REAL ESTATE INC.
Current Price
$950,000
Type
Residential
For Sale