2831 Hwy 89 is a 3-bedroom, 3-bathroom detached home in Innisfil, listed for $950,000. It has 2000-2500 sq ft of living space.
1Turn-key investment opportunity with immediate rental income!
2This 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.
3A solid income-producing property with both immediate cash flow and future potential.
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.
3 bedrooms, 3 bathrooms, about 2,000 sq ft, works out to roughly $475 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 2831 Hwy 89
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow-Raised
Living space
2000-2500 sq ftas stated on the listing
Lot size
35.00 x 67.00 Metres
Parking
10 spacesYes garage
Basement
Finished with Walk-Out
Features & systems
Parking & garage
Garage
Yes
Parking spaces
10
Interior
Basement
Finished with Walk-Out
Exterior & construction
Pool
Yes
Lot & land
Lot dimensions
35.00 x 67.00 Metres
Lot size (sqft)
0
Listing & possession
Property style
Bungalow-Raised
Property class
Detached
2831 Hwy 89 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® N13490250$950,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 2831 Hwy 89 Compares to the Innisfil Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$4,667
/mo
based on the purchase price of $950,000
$190,000 cash
$760,000 financed
$640,119 total interest
Principal54%$760,000
Interest46%$640,119
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
Own a home on Hwy 89? See what yours is worth
Get an instant estimate for your own home, based on recent sales around you. A free account shows the number and emails you the full report.
Free · No obligation · Backed by Coldwell Banker
Book a tour of 2831 Hwy 89 with a licensed buyer's agent
Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
Zara, any time
Zara · AI virtual agent
Ask about 2831 Hwy 89 day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
A licensed local agent
Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Innisfil
Other 2–4 bed homes for sale in Innisfil around $950K.
Average days on market39Homes sold in about 39 days on average.
Sale-to-list ratio95.5%On average, homes sold below asking.
Active listings509Homes for sale here right now.
Median vs prior 90 days−6.7%Compared with May 7 – Aug 5, 2026: prices down.
Based on 246 sales from Aug 5 – Nov 3, 2026 (225 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 2831 Hwy 89
How much is 2831 Hwy 89 listed for?
2831 Hwy 89 is listed at $950,000 (MLS® N13490250). Summitly updates the price as soon as the MLS® record changes.
Is $950,000 a good price for 2831 Hwy 89?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Innisfil. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 2831 Hwy 89 changed?
No — 2831 Hwy 89 is still listed at its original asking price of $950,000.
How many bedrooms and bathrooms does 2831 Hwy 89 have?
2831 Hwy 89 has 3 bedrooms and 3 bathrooms, with about 2,000–2,500 square feet of living space. It is a detached home in Innisfil.
How much would the monthly mortgage be on 2831 Hwy 89?
About $4,667 a month — principal and interest on $950,000 with 20% down ($190,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 2831 Hwy 89 compare with other homes in Innisfil?
Its asking price of $950,000 is about 32% above the median sold price in Innisfil over the last 90 days, $718,500, across 246 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 2831 Hwy 89 been sold before?
Summitly has no earlier MLS® sale or lease of 2831 Hwy 89 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 2831 Hwy 89?
2831 Hwy 89 is in Innisfil, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 2831 Hwy 89 been on the market?
131 days — 2831 Hwy 89 was listed on June 25, 2026.
What is the price per square foot of 2831 Hwy 89?
About $380 to $475 per square foot: the asking price of $950,000 over the 2,000–2,500 sq ft the listing gives as its size range.
Does 2831 Hwy 89 have parking or a garage?
Yes — the listing gives 10 parking spaces. Garage: Yes.
Does 2831 Hwy 89 have a basement, and is it finished?
The listing describes the basement as: Finished with Walk-Out.
