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Listed 2 months ago

721 Mika Street

Rural Innisfil, Innisfil

$1,088,000

Detached|2-Storey
4 | 3 | 6
About this home

Client RemarksExtensively Upgraded With Nearly $200,000 In Premium Upgrades, This Turnkey Home Offers Exceptional Value Just Steps From Lake Simcoe, Jackson Park, Scenic Nature Trails And Friday Harbour. Featuring A Separate Side Entrance, Basement Washroom Rough-Ins, And Extra Driveway Parking With No Sidewalk, The Home Provides Outstanding Flexibility For Multigenerational Living And Growing Families. Offering 3 Bedrooms, 3 Bathrooms, And An Open-Concept Office That Can Easily Be Converted Into A 4th Bedroom, The Layout Is Both Functional And Future-Ready. The Impressive Great Room Features Soaring 20-Ft Ceilings And Abundant Natural Light, While The Chef-Inspired Kitchen Is Ideal For Everyday Living And Entertaining. The Serene Primary Retreat Provides A Private Space To Relax And Recharge.Major Owned Upgrades Include A/C (2025), Water Softener And Chlorine Filtration System (2024), Security System With Cameras (2025), New Fence (2025), Owned Furnace With Built-In Humidifier, Owned On-Demand Water Heater, And Two Garage Door Openers.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. Age0-5
Size2500-3000 sq. ft.
Property Tax$6,841
Lot Size39.37 ft x 104.99 ft
mls© NumberN13453258
Listed ByRE/MAX HALLMARK CHAY REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$5,569
Property tax
$570
Heat allowance
$150
Housing costs
$6,289 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $217,600
25-yr amortization

Income needed

$194,000

gross annual household income

Payment at 4%
$4,578 / mo
Cash down
$217,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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