$649,900

For sale

848 Lebanon Drive, Innisfil (Alcona) - Single Family for Sale

848 Lebanon Drive, Innisfil (Alcona), Ontario, L9S2C4

3 beds2 baths8 parking900 ft²100 × 65 ft (6,447 sq ft) lot sizeListed 51 days ago

Overview

This 3-bedroom, 2-bathroom home in Innisfil is for sale offering roughly 900 sq ft of space. Listed at $649,900, it is attractively priced about 24% below the $860,000 median asking price in Innisfil. It has been on the market 51 days, fresher than the Innisfil average of 59 days.

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Description

Opportunity in an established Innisfil neighbourhood, just minutes from Innisfil Beach Park and Lake Simcoe. This detached bungalow offers 3 bedrooms and 2 bathrooms with additional finished living space in the basement. The main floor features a functional layout with an updated kitchen, stone counters and walkout to the rear deck. A standout feature is the detached double garage with electrical service and natural gas heat, providing excellent space for vehicles, a workshop, hobbies or additional storage. The home would benefit from repairs, updating and some finishing work, making it a good fit for a buyer who sees the potential and is comfortable taking on a project. Conveniently located close to the lake, parks, schools, shopping and everyday amenities. (id:66096)

Property Details

MLS®: N13790736
Property Type: Single Family
Zoning: Res - RL1
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 8
Interior Size: 900 ft²
Lot Size: 100 × 65 ft (6,447 sq ft)
Frontage: 100 ft
Storeys: 1
Style: Raised bungalow
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, No Garage
Fireplace: Yes
Ownership

Features

Foundation: Block
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

51d

Innisfil (Alcona) listings, avg age

59d

Price / ft²

$722

List price

$650K

Haho

This 3-bed single family in Innisfil (Alcona) has been listed for 51 days, which is 8 days fresher than the city average of 59. Act while there is still low competition.

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Listed by RE/MAX HALLMARK CHAY REALTY · BRANDON SCHMIDT

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L9S)

This home lists at $649,900, about 6.5× the local median household income of $100,000.

Carrying it typically needs a household income of about $126,948 (20% down, 25-yr amortization, stress-tested) — roughly 27% above the area median.

Median household income: $100,000
Population: 33,434
Median age: 42
Owner / renter: 86% / 14%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA L9S)

$649,900· $722/ft²

For sale

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Full Cost Breakdown

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Down Payment6.15% · $39,990

Min 6.15%50%

Mortgage payment$3,381/mo

↳ CMHC premium ($24,396 capitalized)

Property tax (est.)$339/mo

Total monthly$3,720

Cash Needed to Close

Down payment (6.15%)$39,990

Land transfer tax$9,473

Est. closing costs$4,450

Total cash needed$53,913

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