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87 LANEIGE AVENUE
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Beds
4
Baths
3 full + 2 half
Sqft
—
Year
—
Type
Single Family
On market
54d
4-bedroom, 3-bathroom, brick bungalow, with a walk-out basement, on 2.5 acres, in an exclusive country neighbourhood on estate size lots. Step through the door to new flooring in the open concept living and dining area with propane fireplace, and sliders to the 17'x10' Muskoka room, and further to the backyard deck. The eat-in kitchen, with new center island, offers updated appliances, refaced cabinets, and granite counters. The main floor offers a spacious primary bedroom with a tree lined view through the picture window, and ensuite privileges to the 4pc main floor bathroom (w/separate step-in shower). There are two more spacious bedrooms with double closets and new windows, and 2 powder rooms. Downstairs, the walk-out basement is recently finished with a family room, office space, the 4th bedroom, and offers a possible in-law suite opportunity. In total, there is 3000+ sqft of finished living space including the Muskoka Room, plus an additional 1100 sqft of unfinished space to complete as you wish. The insulated, 24'x34' garage fits 3 cars, offers direct entry to the main floor laundry and 2pc bath, as well as a staircase to the basement utility room and storage areas. Privacy is secured with the home being well setback from the road, having 750-feet of frontage, and on a cul-de-sac with only a dozen properties beyond. Some great perks include a canine courtyard with concrete slab and fenced for safekeeping; a paved driveway; storage and wood sheds; wired for a portable generator to run essentials such as well pump, furnace, freezer, some lights; central air conditioning; central vac; high speed internet and cable via Lakeland Fibre Optics. Just a 17-minute drive to downtown Huntsville or downtown Bracebridge. Easy, quick access to Hwy 11 just 3.5 kms away. 15-minute walk to a public access point for the Muskoka River, or just a 10-minute drive to the Mary Lake public boat launch, dock, beach area, playground and sports courts. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Family room | 10.31 × 7.37 meters | |
| Utility room | 10.16 × 4.15 meters | |
| Utility room | 11.34 × 4.16 meters | |
| Cold room | 12.11 × 1.73 meters | |
| Bedroom 4 | 4.15 × 3.98 meters |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 7.83 × 4.48 meters | |
| Living room | 9.13 × 4.05 meters | |
| Sunroom | 5.29 × 3.25 meters | |
| Primary Bedroom | 5.16 × 4.06 meters | |
| Bedroom 2 | 4.93 × 3.67 meters | |
| Bedroom 3 | 3.88 × 3.68 meters | |
| Bathroom | 4.06 × 2.53 meters | |
| Bathroom | 2.62 × 1.05 meters | |
| Laundry room | 4.05 × 2.73 meters |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
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Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
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Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
-0.87%
Cap rate
4.69%
GRM
13.9
Break-even rent
$5,537
Financing
Operating expenses (monthly)
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Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated May 12, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Huntsville (Stephenson). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.