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Property Description
This dual-cottage investment near Lake Simcoe offers an unbeatable combination of location and potential. Positioned as a legal duplex, the property provides two separate rental units, allowing you to generate dual income streams or live mortgage-free by occupying one unit while renting the other.Located just steps from Lake Simcoe, it invites an active lifestyle with sandy beaches, water sports, and serene lakeside strolls. Ideal for both relaxation and recreation, the thriving lakeside community ensures growing property value and an unmatched lifestyle. With immediate lake access and walking distance to a boat launch, this property is a rare find for investors or families looking to create lasting memories. Don't miss out on this extraordinary opportunity!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-04-30 | 2024-05-27 | 27 | $869,800 | - | Suspended |
2021-08-06 | 2021-10-04 | 59 | $799,999 | $770,000 | Sold |
2023-06-13 | 2023-07-13 | 30 | $1,048,800 | - | Suspended |
2021-08-06 | 2021-10-04 | 59 | $799,999 | $770,000 | Sold |
2021-08-06 | 2021-10-04 | 59 | $799,999 | $770,000 | Sold |
2021-08-06 | 2021-10-04 | 59 | $799,999 | $770,000 | Sold |
2021-08-06 | 2021-10-04 | 59 | $799,000 | $770,000 | Sold |
Extras
This house is located on a 50x150 lot, providing ample space and potential. The front unit boasts two spacious bedrooms, a 3-piece bathroom, and a kitchen The rear apartment features one large bedroom, a 3-piece bathroom, and a full kitchen
Property Features
Lake Access, Lake/Pond, Library, Park, School, School Bus Route
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
50' x 150'
Acreage
< .50
Lot Irregularities
Rectangle
Fronting
South
Taxes
$3,700 (2024)
Basement
Crawl Space
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
7
Driveway
Available
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Foyer | Main | 6.82' x 7.22' | Laminate |
Prim Bdrm | Main | 8.99' x 9.68' | Laminate, Large Window, Closet |
2nd Br | Main | 8.79' x 9.68' | Laminate, Picture Window, Closet |
Bathroom | Main | 8.20' x 4.92' | 3 Pc Bath |
Family | Main | 15.16' x 19.26' | Fireplace, Laminate, Pot Lights |
Kitchen | Main | 7.71' x 11.15' | Breakfast Area, Pot Lights, Stainless Steel Appl |
Family | Main | 9.84' x 18.37' | Fireplace, Laminate, Pot Lights |
Kitchen | Main | 7.55' x 11.32' | Laminate, Pot Lights |
Prim Bdrm | Main | 8.53' x 19.69' | Laminate, Closet, Window |
Bathroom | Main | 4.92' x 4.92' | 3 Pc Bath |
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Innisfil Market Statistics
Innisfil Price Trend
2061 Eastern Ave is a 2-bedroom 2-bathroom home listed for sale at $798,800, which is $104,193 (15.0%) higher than the average sold price of $694,607 in the last 30 days (October 27 - November 25). During the last 30 days the average sold price for a 2 bedroom home in Innisfil increased by $49,191 (7.6%) compared to the previous 30 day period (September 27 - October 26) and down $30,393 (4.2%) from the same time one year ago.Inventory Change
There were 25 2-bedroom homes listed in Innisfil over the last 30 days (October 27 - November 25), which is up 31.6% compared with the previous 30 day period (September 27 - October 26) and up 31.6% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Innisfil typically sold ($23,849) (3.4%) below asking price over the last 30 days (October 27 - November 25), which represents a $659 increase compared to the previous 30 day period (September 27 - October 26) and ($64,750) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom homes in Innisfil over the last 30 days (October 27 - November 25) stood at 56.0%, down from 63.2% over the previous 30 days (September 27 - October 26) and up from 21.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Innisfil stood at 53 days when successfully sold over the last 30 days (October 27 - November 25), compared to 88 days before being removed from the market upon being suspended or terminated.Listing contracted with Zolo Realty
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