668 Florence Road, Innisfil

$1,989,000
668 Florence Road

$1,989,000

New
2d
Detached2-Storey

668 Florence Road, Innisfil

Total Monthly Obligation $9,412

Beds
5
Baths
5
Park
6
Sqft
3500-5000
DOM
2d
Score
13
Yield
2.2%
Cash on Cash
-14.7%
Cap Rate
1.4%
5Y IRR
4.1%
10Y IRR
5.8%
Property Type-Detached
MLS® Number-N14100826
Beds-5
Bathrooms-5
Size-3500-5000 sqft
Lot Size-99.07 × 100.04 ft
Listed on site-Oct 21, 2026
Style-2-Storey
Building Type-Detached
Age-0-5
Taxes-$12,173 (2026)
Parking-8 - Attached
Basement-Crawl Space
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK YORK GROUP REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-North
Exterior-Hardboard, Stone
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-Alcona
Title-Residential Freehold

No agent assigned

Imagine celebrating Christmas in your dream home, hosting an unforgettable New Year's Eve party, and waking up to breathtaking Lake Simcoe sunrises every morning. Picture crisp autumn walks along the shoreline, cozy winter evenings with family and friends, and when spring arrives, you're already settled into the lake lifestyle everyone else is dreaming about! Why escape to the cottage on weekends when you can live the lifestyle every day?Welcome to 668 Florence Road, a spectacular custom-built luxury residence completed in 2024, positioned directly beside Innisfil Beach Park, with no road separating you from the lakefront park. Enjoy sandy beaches, boating, paddleboarding, kayaking, walking trails, volleyball, soccer fields and a nearby public boat launch, all just steps from home.Offering over 4,400 sq. ft. of luxurious living space on a premium 100 x 99 ft lot, this exceptional 5-bedroom home showcases 10-ft main-floor ceilings, dramatic vaulted ceilings, wide-plank hardwood flooring, expansive windows, designer lighting, custom millwork and exquisite finishes throughout.Imagine entertaining in the stunning open-concept living spaces, creating memorable meals in your chef-inspired kitchen, or unwinding in your luxurious primary retreat with a fireplace, two walk-in closets and a spa-inspired ensuite. An impressive vaulted loft offers endless possibilities for a home office, guest retreat, gym or recreation space.The holidays are approaching, winter adventures await, and another beautiful summer on Lake Simcoe will be here before you know it.Don't just dream about lake living. Make it your everyday reality!Full list of upgrades available in the property brochure.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$1,591,200
Land Transfer Taxes$36,255
Legal Fees (Est.)
$
Total cash required for closing$435,555

Total Monthly Obligation

$9,412/mo
Mortgage $8,023
Monthly Loss $7,301
Principal$2,111
Interest$5,912
Property Tax$1,014
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.1%8
Cash-on-Cash
-17.3%0
5-Year IRR
2.1%5
10-Year IRR
4.5%
Returns Index
3.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
13/ 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
$43,140/yr
NOI
$22,153/yr
Net Cash Flow
-$6,177/mo
Cash Margin
-171.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.232
LTV Ratio
80.0%18
Vacancy Buffer
1.0 mo17
Risk Index
12.4/ 100

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

Comparables

Properties near 668 Florence Road

Time

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