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Listed 10 days ago

1526 Farrow Crescent

Rural Innisfil, Innisfil

$878,000

Detached|2-Storey
4 | 4 | 5
About this home

Welcome To This Beautifully Renovated 2,300 Sq Ft Family Home In The Desirable Belle Aire Shores Community Of Innisfil. Offering 4 Spacious Bedrooms And 4 Bathrooms (3 Full Washrooms On Second Level), This Carpet-Free Home Features Hardwood Flooring, Smooth Ceilings And Pot Lights On Both The Main And Second Floors, And A Bright, Open-Concept Layout Designed For Modern Family Living. The Main Floor Showcases 9 Ft Ceilings, And Wainscoting Through The Main Hallway. The Updated Powder Room Features A New Vanity, While The Spacious Kitchen Offers Stainless Steel Appliances, Granite Counters, A Large Centre Island Perfect For Entertaining And A Sun-Filled Breakfast Area With A Large Window And Sliding Glass Doors. Open To The Family Room. Making Your Way To The Second Level, A Generous Linen Closet On The Staircase Landing Provides Excellent Additional Storage. Upstairs Features 3 Full Bathrooms And 4 Spacious Bedrooms. The Generous Primary Bedroom With Large Walk In Closet Offers A Renovated 5-Piece Ensuite With Free Standing Tub, And Large Frameless Glass Shower. While The Impressive Second Bedroom Feels Like A Second Primary Suite With Vaulted Ceilings And Its Own Private 4-Piece Ensuite. Two Additional Well-Appointed Bedrooms With Access To A Shared Semi-Ensuite Bathroom. And A Large Upper-Level Laundry Room With A Window. The Unspoiled Basement Offers Excellent Future Potential, Including The Possibility Of A Separate Entrance From The Garage And Potential Rental Income Of Approximately $2,300/Month. Steps To The Brand-New Margaretta Park Featuring A Splash Pad, Accessible Playground And Trails, And Approximately 10 Minutes To Innisfil Beach Park. Close To Schools, Shopping And Amenities With Convenient Access To GO Transit. A Beautifully Updated, Move-In Ready Home In A Sought-After Lakeside Community.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$5,789
Lot Size36 ft x 114.83 ft
mls© NumberN13876868
Listed ByHOMELIFE FRONTIER REALTY INC.

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%
$4,494
Property tax
$482
Heat allowance
$150
Housing costs
$5,126 / mo

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

Down payment20% · $175,600
25-yr amortization

Income needed

$158,000

gross annual household income

Payment at 4%
$3,695 / mo
Cash down
$175,600

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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