1045 Lebanon Drive, Innisfil

$899,900
1045 Lebanon Drive

$899,900

New
30d
DetachedBungalow-Raised

1045 Lebanon Drive, Innisfil

Total Monthly Obligation $4,394

Beds
5
Baths
2
Park
6
Sqft
1100-1500
DOM
30d
Score
16
Yield
3.5%
Cash on Cash
-8.6%
Cap Rate
2.7%
5Y IRR
8.9%
10Y IRR
9.3%
Property Type-Detached
MLS® Number-N13817784
Beds-5
Bathrooms-2
Size-1100-1500 sqft
Lot Size-75 × 200 ft
Listed on site-Sep 23, 2026
Style-Bungalow-Raised
Building Type-Detached
Taxes-$4,663 (2025)
Parking-8 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE SECURITY REAL ESTATE
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick
Roof-Shingles, Unknown
Foundation-Unknown
Sewer-Sewer
Possession-Flexible/Imm/30/60
Neighbourhood-Alcona
Title-Residential Freehold

No agent assigned

Welcome to 1045 Lebanon Dr! Experience open-concept living in this beautifully updated detached raised bungalow, ideally situated on a quiet street just a short walk from Lake Simcoe and close to shops, parks, schools, and all amenities. Offering 3+2 bedrooms and2 beautifully renovated bathrooms, this move-in-ready home has been thoughtfully updated throughout and freshly painted. The bright, open-concept main floor creates a seamless flow between the living, dining, and kitchen areas-perfect for both everyday living and entertaining. The renovated chef's kitchen is truly the heart of the home, showcasing a stylish combination of white and wood cabinetry, quartz countertops, a large cascading island with seating, stainless steel appliances, a gas stove, and a modern backsplash. The kitchen flows effortlessly into the dining and living areas, where a contemporary linear electric fireplace with custom built-ins and millwork creates a warm and inviting focal point. Additional highlights include pot lights, new light fixtures, a custom entertainment feature, new railing, newly capped stairs, newer bathroom vanities, and newly renovated bathrooms on both the main and lower levels. The lower level offers two additional bedrooms and flexible living space, ideal for a growing family, guests, home office, or recreation area. Step outside to the fully fenced backyard, offering privacy and plenty of room to relax, entertain, and enjoy the outdoors. A beautiful vegetable garden adds an extra touch for gardening enthusiasts. Located in a peaceful neighborhood with Lake Simcoe just a short walk away, this home offers the perfect combination of modern updates, comfortable living, outdoor space, and convenient access to everyday amenities. A wonderful opportunity to move in and enjoy!

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%
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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$719,920
Land Transfer Taxes$14,473
Legal Fees (Est.)
$
Total cash required for closing$195,953

Total Monthly Obligation

$4,394/mo
Mortgage $3,630
Monthly Loss $3,438
Principal$955
Interest$2,675
Property Tax$389
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.5%0
5-Year IRR
5.8%14
10-Year IRR
7.3%
Returns Index
8.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$31,800/yr
NOI
$19,457/yr
Net Cash Flow
-$2,009/mo
Cash Margin
-75.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.454
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo35
Risk Index
18.9/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 1045 Lebanon Drive

Time

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