15 Cherrywood Lane, Innisfil

$379,900
15 Cherrywood Lane

$379,900

New
15d
DetachedBungalow

15 Cherrywood Lane, Innisfil

Total Monthly Obligation $1,907

Beds
2
Baths
1
Park
3
Sqft
700-1100
DOM
15d
Score
42
Yield
7.5%
Cash on Cash
10.9%
Cap Rate
6.9%
5Y IRR
24.4%
10Y IRR
22.0%
Property Type-Detached
MLS® Number-N13878572
Beds-2
Bathrooms-1
Size-700-1100 sqft
Listed on site-Oct 8, 2026
Style-Bungalow
Building Type-Detached
Age-31-50
Parking-3 - None
Basement-Crawl Space
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK PEGGY HILL GROUP REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-Community
Facing-South
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Rural Innisfil
Title-Residential Freehold

No agent assigned

FULLY RENOVATED LOW-MAINTENANCE BUNGALOW WITH A PRIVATE TREED YARD & STYLISH INTERIOR! Your jaw might hit the floor the second you walk into this far-from-average Sandycove Acres bungalow at 15 Cherrywood Lane. Soft sage green vinyl siding in a board-and-batten style, updated front railing, replaced front gutters, a repainted front deck, and a private driveway for three make this bungalow every bit as appealing outside as it is inside, while the treed backyard, deck, fire pit area, garden shed, and generous yard space add even more to enjoy. Through the front door, the renovation hits immediately with light-coloured waterproof flooring, neutral finishes, updated drywall, fresh paint, pot lights, newer windows, and newer doors, giving the home a very modern feel. A fluted wood-look accent wall brings extra personality to the living area, while the kitchen delivers with quartz countertops, a matching backsplash, stainless steel appliances, and a peninsula with seating. Two bedrooms keep the layout manageable, with the primary featuring two double closets and the second bedroom offering its own double closet, while the beautifully finished 3-piece bathroom stands out with a glass-walled shower, black fixtures, and hexagon tile detail. Forced air gas heating, complemented by a ductless mini-split air conditioner and heater, adds reliable year-round comfort. All of this is set within a vibrant 50+ adult lifestyle community near the shores of Lake Simcoe, where residents enjoy an on-site mall, three clubhouses, kitchen facilities, fitness facilities, games rooms, libraries, two heated outdoor pools, laundry facilities, dart boards, indoor and outdoor shuffleboard courts, indoor and outdoor pickleball, a wood workshop, walking trails, and a full calendar of recreation and social events.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$303,920
Land Transfer Taxes$4,174
Legal Fees (Est.)
$
Total cash required for closing$81,654

Total Monthly Obligation

$1,907/mo
Mortgage $1,532
Monthly Loss $1,504
Principal$403
Interest$1,129
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
5.6%45
Cash-on-Cash
3.5%17
5-Year IRR
18.5%88
10-Year IRR
17.4%
Returns Index
50.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeC
42/ 100
Poor•Caution

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

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$28,632/yr
NOI
$21,269/yr
Net Cash Flow
$240/mo
Cash Margin
10.1%27
Cash Flow Index
27.1/ 100
Risk Profile
Weight: 20%
DSCR
1.1641
LTV Ratio
80.0%18
Vacancy Buffer
4.9 mo82
Risk Index
47.2/ 100

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

Comparables

Properties near 15 Cherrywood Lane

Time

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Data last updated within the past 24 hours.