1006 Lebanon Drive, Innisfil

Price: $659,000

4 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: N13721492

Welcome to 1006 Lebanon Drive. An investment opportunity and a beautiful home and area to live. This home is in a mature neighbourhood, within the growing community of Innisfil. The beautiful yard is 75 x 200 and is close to the Library, schools, shopping and the beautiful shores of Lake Simcoe. Set up a pool, an outdoor kitchen and a covered patio and you have a staycation right at your own home. This home offers 3 + 1 bedrooms, 1.5 baths, a beautiful sized living/dining area with large windows for natural light. The functional kitchen provides views of both the front and rear yards. It could easily be converted into multigenerational with the separate entrance to the lower level. The basement offers a large recreation room and above grade windows. The shingles have been replaced in the last 5 years, new garage door with opener. The price is reflective of some work that needs to be done. If you have been looking for that country feel in the heart of everything great and the opportunity for potential capital growth, this is for you!

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active

$659,000 - 1006 Lebanon Drive, Innisfil

Detached for Sale in Innisfil

Neighbourhood: Alcona

4Beds
2Baths
1,100 - 1,499Sq Ft
Detached

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Property Details
MLS Number
N13721492
Property Type
Detached
Status
active
Days on Site
24
Bedrooms
4
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Innisfil
Listing Brokerage
SUTTON GROUP INCENTIVE REALTY INC.
Description

Welcome to 1006 Lebanon Drive. An investment opportunity and a beautiful home and area to live. This home is in a mature neighbourhood, within the growing community of Innisfil. The beautiful yard is 75 x 200 and is close to the Library, schools, shopping and the beautiful shores of Lake Simcoe. Set up a pool, an outdoor kitchen and a covered patio and you have a staycation right at your own home. This home offers 3 + 1 bedrooms, 1.5 baths, a beautiful sized living/dining area with large windows for natural light. The functional kitchen provides views of both the front and rear yards. It could easily be converted into multigenerational with the separate entrance to the lower level. The basement offers a large recreation room and above grade windows. The shingles have been replaced in the last 5 years, new garage door with opener. The price is reflective of some work that needs to be done. If you have been looking for that country feel in the heart of everything great and the opportunity for potential capital growth, this is for you!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,381.01/mo

Includes CMHC insurance ($18,386)

$
$
5%10%50%

5-yr fixed avg.

Principal: $593,100Interest: $402,817
Mortgage Amount$611,486
Total Interest$402,817
Est. Property Tax$467/mo
Total Cost$1,014,303

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Alcona

Discover Alcona

Alcona is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Alcona

  • Convenient location in Innisfil
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Alcona offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

1006 Lebanon Drive, Innisfil

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
4.7%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$467
Insurance (est.)-$137
Net Cash Flow+$2,596

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $599/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 24 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Detached Home Advantages

Detached homes in Innisfil are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Innisfil. Good resale value as demand remains consistent.

About Alcona

I know Alcona well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Investment Perspective

Looking at this as an investment: Innisfil properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,746 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    1006 Lebanon Drive, Innisfil | $659,000 | Battaglia Team