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New4 days ago

721 Mika Street

Rural Innisfil, Innisfil

$899,000

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

Extensively Upgraded With Nearly $200,000 In Premium Upgrades, This Impressive Approx. 2,960 Sq. Ft. Home Offers Exceptional Value Just Steps From Lake Simcoe, Jackson Park, Scenic Nature Trails And Friday Harbour. Designed For Both Everyday Living And Entertaining, The Home Features 3 Spacious Bedrooms, 3 Bathrooms And A Generous Second-Floor Den Offering Flexibility As A Home Office, Additional Lounge Or Potential 4th Bedroom. The Show-Stopping Great Room Features Soaring 20-Ft Ceilings And An Abundance Of Natural Light, While The Inviting Living Room Is Elevated By A Beautiful Coffered Ceiling And Cozy Natural Gas Fireplace. The Chef-Inspired Kitchen Is Beautifully Appointed With Granite Countertops, High-End Two-Year-New Kitchenaid Appliances And A Natural Gas Stove, With Easy Access To The Backyard Patio Featuring An Additional Natural Gas Hookup For Effortless Outdoor Entertaining And Bbqs. The Serene Primary Retreat Is Complemented By A Beautifully Upgraded, Spa-Inspired Ensuite Featuring A Deep Soaker Tub And Glass Walk-In Shower-The Perfect Space To Unwind And Recharge. A Separate Side Entrance, Basement Bathroom Rough-In And Additional Driveway Parking With No Sidewalk Provide Excellent Flexibility For Multigenerational Living And Growing Families. Major Owned Upgrades Include A/C (2025), Water Softener And Chlorine Filtration System, Security System With Cameras (2025), New Fence (2025), Furnace With Built-In Humidifier, On-Demand Hot Water Heater And Two Garage Door Openers.

Extras

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age0-5
Size2500-3000 sq. ft.
Property Tax$6,841
Lot Size39.37 ft x 104.99 ft
mls© NumberN14032788
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%
$4,601
Property tax
$570
Heat allowance
$150
Housing costs
$5,322 / mo

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

Down payment20% · $179,800
25-yr amortization

Income needed

$164,000

gross annual household income

Payment at 4%
$3,783 / mo
Cash down
$179,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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