2831 HWY 89, Innisfil, ON L0L 1L0
Cookstown, Innisfil · Near Hwy 89/10th Line · View map
About this home
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.
The home
- Type
- Raised bungalow
- Style
- Bungalow-Raised
- Square footage
- 2000-2500 sq ft
- Bedrooms
- 3
- Basement bedrooms
- 2
- Bathrooms
- 3
- Kitchens
- 2
- Rooms
- 9
- Basement
- Finished with Walk-Out
- Lot size
- 115 x 220 ft
- Faces
- South
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Propane
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- Yes
Garage & parking
- Garage
- Built-In
- Garage spaces
- 2
- Driveway spaces
- 8
- Total parking
- 10
- Parking features
- Private
Taxes & other
- Property taxes
- $6,396/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- TBD
- Cross street
- Hwy 89/10th Line
- Neighbourhood
- Cookstown
More
- Price per sq ft
- ~$422 (at 2,250 sq ft)
- Listed
- Jun 25, 2026 · 110 days ago
- MLS® number
- N13490250
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The home and its surroundings
- Fenced Yard
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
2831 HWY 89 N/A, Innisfil, ON L0L 1L0
Cookstown, Innisfil · Near Hwy 89/10th Line
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Listing history for 2831 HWY 89 N/A
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 2831 HWY 89
Answers come straight from this home’s MLS® listing.
How much is 2831 HWY 89 listed for, and what would it cost each month?
2831 HWY 89 is listed for $950,000. With 20% down ($190,000), the mortgage payment would be roughly $3,832 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $4,365 a month, all in. That figure is an illustration, not a quote.
Is 2831 HWY 89 freehold or a condo, and is there a monthly fee?
2831 HWY 89 is a raised bungalow in Cookstown, Innisfil. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 2831 HWY 89 have?
2831 HWY 89 has 3 bedrooms, plus 2 more bedrooms in the basement, and 3 bathrooms. The listing gives the style as bungalow-raised.
Does 2831 HWY 89 have a garage and parking?
Yes. The listing shows the garage as built-in, with room for 2 cars. The driveway adds 8 spaces. In total the listing counts 10 parking spaces.
Does 2831 HWY 89 have a finished basement?
The listing describes the basement as finished with walk-out. It counts 2 bedrooms on that level. Finished basement space is usually not counted in the square footage shown. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 2831 HWY 89?
2831 HWY 89 is a raised bungalow. A raised bungalow has its main floor set about half a level above the ground, so the basement has bigger windows and more light than in a regular bungalow.
Does 2831 HWY 89 have a pool?
Yes. The listing shows inground for the pool. Ask about its age, liner and equipment before you offer, since those are the costly parts to replace.
How big is 2831 HWY 89, and what is the lot size?
The listing puts the home between 2,000 and 2,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 115 x 220 ft.
How is 2831 HWY 89 heated and cooled?
Heating is forced air (propane). Cooling is central air.
What are the property taxes for 2831 HWY 89?
Property taxes are $6,396 a year (2026), or about $533 a month.
Where is 2831 HWY 89?
2831 HWY 89 is in the Cookstown community of Innisfil. The nearest main intersection is Hwy 89/10th Line. The postal code is L0L 1L0.
How long has 2831 HWY 89 been on the market?
2831 HWY 89 was listed on June 25, 2026. It has been on the market for 110 days. It is an active listing (MLS® N13490250). Listings here update from the board through the day and come down once a home sells.
What are similar bungalows near 2831 HWY 89 asking?
Similar bungalow-style homes for sale nearby right now include 35 Cloverhill Crescent at $998,000 (3+2 bed), 1045 Lebanon Drive at $899,900 (3+2 bed) and 3906 Rosemary Lane at $869,900 (3+1 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 2831 HWY 89 N/A sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 2831 HWY 89?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-619-2256.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar bungalows nearby
More bungalow-style homes for sale near Cookstown, picked by style, size and price.
Raised bungalow$998,00035 Cloverhill Crescent, Innisfil3+2 bed · 3 bath · CookstownCourtesy of: CENTURY 21 MILLENNIUM INC.View home →
Raised bungalow$899,9001045 Lebanon Drive, Innisfil3+2 bed · 2 bath · AlconaCourtesy of: ROYAL LEPAGE SECURITY REAL ESTATEView home →
Raised bungalow$869,9003906 Rosemary Lane, Innisfil3+1 bed · 2 bath · Rural InnisfilCourtesy of: HOMELIFE/FUTURE REALTY INC.View home →Courtesy of: CMI REAL ESTATE INC.
PropTx MLS® assumes no responsibility for the accuracy of any information shown. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.