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Listed 1 year ago

1377 Lormel Gate

Lefroy, Innisfil

$999,000

Detached|2-Storey
4 | 5 | 3
About this home

Welcome to this beautifully maintained 4+2 bedroom, 5-bathroom family home nestled on a generous 46.93 x 98 ft lot in a quiet, family-friendly neighborhood. Featuring a double car garage and located on a serene street, this property offers both spacious living and comfort. Inside, you'll find bright, expansive principal rooms including separate living, dining, and family areas perfect for entertaining or relaxing. The family-sized kitchen and breakfast area walk out to a balcony, ideal for morning coffee or evening unwinding. The massive primary bedroom includes a large walk-in closet and five-piece ensuite. The remaining three upstairs bedrooms offer spacious closets and either ensuite or semi-ensuite bathrooms. The fully finished walk-out basement includes a self-contained 2-bedroom in-law suite complete with a spacious eat-in kitchen and large windows perfect for multi-generational living or generating rental income. Enjoy a private, fenced backyard ideal for outdoor fun, quiet relaxation, or entertaining guests. Located directly across from a park and on a school bus route, and just 15 minutes to Barries shops, restaurants, and amenities this is a rare opportunity not to be missed!

Extras

No extras listed.

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No upcoming open houses.

Got questions?

Contact Jonathan directly.

agent
Jonathan Lee
(647) 983-0770

This seller is likely holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeDetached
Style2-Storey
Approx. AgeNot available
Size3000-3500 sq. ft.
Property Tax$5,050
Lot Size46.93 ft x 98.45 ft
mls© NumberN12207504
Listed ByRE/MAX HALLMARK REALTY LTD.

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%
$5,113
Property tax
$421
Heat allowance
$150
Housing costs
$5,684 / mo

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

Down payment20% · $199,800
25-yr amortization

Income needed

$175,000

gross annual household income

Payment at 4%
$4,204 / mo
Cash down
$199,800

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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Comparable sales

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