The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Discover an affordable opportunity to own a brand new 2 bedroom, 2 bathroom bungalow townhome in Lakehaven, a welcoming Land Lease Community in Innisfil. The Emerson model offers approximately 1,357 sq. ft. of open concept living, all on one convenient level. The spacious kitchen, dining, and living areas create an inviting space for entertaining, while the generous covered back porch provides the perfect spot to enjoy your morning coffee. Designed with comfort and convenience in mind, this home offers true one-level living with no basement or stairs, plus an attached garage and private driveway. Enjoy central air, an HRV system, tankless hot water system and in-floor passive radiant heating, along with a walk-in shower in the primary bathroom for added comfort and ease. With a $625/month land lease fee, Lakehaven offers an accessible alternative to traditional homeownership ideal for downsizers and first-time buyers.*** Sale Price does not include HST and assumes the Purchaser qualifies for the full HST New Housing Rebate and/or New Residential Rental Property Rebate, as applicable.
Minimum $19,996 down for this price; the slider moves in whole percent, starting at 6%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$79,981
Ontario land transfer taxProvincial brackets, no first-time refund$4,474
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$87,255
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Innisfil has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
