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New20 hours ago

721 Mika Street

Rural Innisfil, Innisfil

$1,034,000

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

**Nearly $200,000 In Premium Upgrades!** Offering Exceptional Value, This Impressive Nearly 3,000 Sq. Ft. Home Is Located Just Steps From Lake Simcoe, Friday Harbour, Jackson Park And Scenic Nature Trails. Featuring 3 Spacious Bedrooms, 3 Bathrooms And A Generous Second-Floor Den With Potential For A 4th Bedroom. A Rare Highlight Is The Separate Side Entrance To An Expansive Basement With 10-Ft Ceilings And A Bathroom Rough-In, Offering Exceptional Potential For Multigenerational Living, An In-Law Suite Or Future Income Opportunities. The Great Room Boasts Soaring 20-Ft Ceilings, While The Elegant Living Room Features A Coffered Ceiling And Natural Gas Fireplace. The Chef-Inspired Kitchen Showcases Granite Countertops, Premium Two-Year-New KitchenAid Appliances And A Gas Stove, With Walkout Access To The Backyard Patio And Gas BBQ Hookup. The Primary Retreat Features A Spa-Inspired Ensuite With Deep Soaker Tub And Oversized Glass Shower. Additional Highlights Include Upgraded Flooring, No Sidewalk And Extra Driveway Parking. **Major Owned Upgrades** Include A/C (2025), New Fence (2025), Security Cameras And Sensors(2025), Water Softener And Chlorine Filtration System, Furnace With Humidifier, On-Demand Hot Water Heater And Two Garage Door Openers. **An Exceptional Opportunity To Own A Luxury-Upgraded Home With Outstanding Future Potential In A Sought-After Lakeside Community!**

Extras

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Contact Jonathan directly.

agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. Age0-5
Size2500-3000 sq. ft.
Property Tax$6,841
Lot Size39.37 ft x 104.99 ft
mls© NumberN14164368
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%
$5,292
Property tax
$570
Heat allowance
$150
Housing costs
$6,013 / mo

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

Down payment20% · $206,800
25-yr amortization

Income needed

$185,000

gross annual household income

Payment at 4%
$4,351 / mo
Cash down
$206,800

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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