412 Limerick Crescent, Innisfil

$720,000
412 Limerick Crescent

$720,000

New
108d
Detached2-Storey

412 Limerick Crescent, Innisfil

Total Monthly Obligation $3,578

Beds
3
Baths
2
Park
4
Sqft
1500-2000
DOM
108d
Score
18
Yield
4.5%
Cash on Cash
-4.3%
Cap Rate
3.7%
5Y IRR
12.1%
10Y IRR
11.9%
Property Type-Detached
MLS® Number-N13545162
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-50.02 × 149.95 ft
Listed on site-Jul 7, 2026
Style-2-Storey
Building Type-Detached
Taxes-$3,581.9 (2025)
Parking-4 - None
Basement-Crawl Space
Heating-Heat Pump (Wood)
Brokerage-RIGHT AT HOME REALTY
Cooling-Other
Laundry-No
Fireplace-Wood
Pool-None
Facing-South
Exterior-Board & Batten
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Septic
Possession-tbd
Neighbourhood-Churchill
Title-Residential Freehold

No agent assigned

412 Limerick Crescent, Innisfil - Finish It Your Way, Just Steps from Cook's BayAn exceptional opportunity to create your dream home near the water at a fraction of the cost. Located at the end of a quiet dead-end street in the highly desirable community of Gilford, this 3-bedroom, 2-bathroom home sits on an impressive 50 x 150 ft double lot, just steps from Cook's Bay and Gilford Beach.This is not a tear-down-it's a well-advanced renovation with over $200,000 already invested in quality materials and professional workmanship. The costly structural and mechanical upgrades have been completed, allowing you to focus on the finishing touches and customize the home to your own style.Completed improvements include an owned heat pump system for efficient heating and cooling, a brand-new 200-amp electrical service with complete interior wiring, reinforced floors and joists, soaring cathedral ceilings, plumbing installation, spray foam insulation, pot light and ceiling fan rough-ins, three new exterior doors, a new sliding patio door, and a beautiful cedar wrap-around deck. Drywall is already on site and ready for installation.Adding even more value, a deeded right-of-way directly across the street provides pedestrian access to Cook's Bay-a rare and highly desirable feature in this neighbourhood. The property also offers parking for four vehicles and a partially fenced yard.Please note there is currently no running water on site, and the electrical panel requires its final connection. The home is an active construction site; appropriate footwear is required for all showings. Property is being sold as-is, where-is. Primary photo has been digitally enhanced.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$576,000
Land Transfer Taxes$10,875
Legal Fees (Est.)
$
Total cash required for closing$156,375

Total Monthly Obligation

$3,578/mo
Mortgage $2,904
Monthly Loss $2,814
Principal$764
Interest$2,140
Property Tax$298
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-8.9%1
5-Year IRR
8.6%26
10-Year IRR
9.5%
Returns Index
14.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$32,352/yr
NOI
$21,035/yr
Net Cash Flow
-$1,151/mo
Cash Margin
-42.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo44
Risk Index
23.1/ 100

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

Comparables

Properties near 412 Limerick Crescent

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.

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Data last updated within the past 24 hours.