728 Mika Street, Innisfil

$949,900
728 Mika Street

$949,900

New
15d
Detached2-Storey

728 Mika Street, Innisfil

Total Monthly Obligation $4,749

Beds
4
Baths
4
Park
2
Sqft
2500-3000
DOM
15d
Score
16
Yield
4.1%
Cash on Cash
-6.8%
Cap Rate
3.1%
5Y IRR
10.2%
10Y IRR
10.4%
Property Type-Detached
MLS® Number-N13878686
Beds-4
Bathrooms-4
Size-2500-3000 sqft
Lot Size-50.71 × 103.02 ft
Listed on site-Oct 8, 2026
Style-2-Storey
Building Type-Detached
Age-0-5
Taxes-$6,507 (2026)
Parking-4 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-PARKER COULTER REALTY BROKERAGE INC.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Rural Innisfil
Title-Residential Freehold

No agent assigned

Presenting 728 Mika St, located in the sought after Lakehaven community of Innisfil! This Mattamy built 2 storey home sits on a large 50' x 100+' lot and offers 4 bedrooms, 3.5 bathrooms, a bright den/office on the main level with over 2550 sqft of abv. grade living space, Offering high-end finishes throughout! Innisfil is rapidly growing with future GO stations, the Innisfil Orbit, and new hospital, making this an ideal place to establish long-term roots. As you enter the home you are greeted with the large and inviting front entry, Oak Staircase, and with a main floor den perfect for an office or multipurpose room. With 9' ceilings and large windows throughout, light pours into the home. Accented with a coffered ceiling in the living room, and beautiful hardwood floors and a natural gas fireplace. The chef inspired kitchen provides ample storage and counter space, quartz counters, S/s appliances, and walkout patio doors to the professionally landscaped backyard and new deck. This home offers 4 generous sized bedrooms upstairs and 3 full bathrooms; The primary bedroom boasts a large walk in closet, a large primary 5pc ensuite bathroom complete with a walk-in glass shower, and soaker tub. The generous sized bedrooms provide ample space for a growing family as well as an additional ensuite 3pc bath. The finished basement offers the perfect amount of home open recreational space, with a roughed in bathroom, waterproof flooring and an additional den/office. The fully fenced backyard offers privacy and ample space perfect for entertaining, and paired with a large new back deck(2025) New high quality fence (2025). Additional features and upgrades: Newly Built (2023) HRV Unit, Storage rooms, Ext. Landscaping. Sump Pump. This beautiful family home is only steps away from trails, parks, and only a short drive to golf courses, dog parks, highway 400, elementary/high schools, Innisfil Waterfront and all major shopping. Don't miss out on this fantastic opportunity!

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

Closing Costs

Mortgage Amount
$759,920
Land Transfer Taxes$15,473
Legal Fees (Est.)
$
Total cash required for closing$206,953

Total Monthly Obligation

$4,749/mo
Mortgage $3,832
Monthly Loss $3,741
Principal$1,008
Interest$2,823
Property Tax$542
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.8%1
5-Year IRR
7.2%19
10-Year IRR
8.4%
Returns Index
10.8/ 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
$38,904/yr
NOI
$24,007/yr
Net Cash Flow
-$1,831/mo
Cash Margin
-56.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.525
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo32
Risk Index
18.3/ 100

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

Comparables

Properties near 728 Mika Street

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.