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Primary Property View
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Tertiary Property View
Exceptional Property

2016 HWY 56 , Binbrook

$799,900
3 + 2 Bedrooms
2 Bathrooms
2720 sqft

Property Highlights

Distinctive Features That Set This Property Apart

Property Type

Single Family

Style

House

Year Built

N/A

Square Footage

2720 square feet

Bedrooms

3 + 2 Bedrooms

Bathrooms

2 Bathrooms

Distinguished Features

Property Overview

A Closer Look at This Distinguished Residence

Great country property located just minutes out of the city. Spacious main floor with original hard wood floors, cozy living room with a gas fireplace and lots of windows overlooking the private back yard. The lower level is finished with 2 bedrooms, a full bathroom and a second kitchen. The separate basement entrance allows great access and extra ...

MLS Number

40751767

Listed By

Royal LePage NRC Realty Inc.

Last Updated

Oct 17, 2025, 9:25 p.m.

Data Source

CREA

All information provided is deemed reliable but is not guaranteed and should be independently verified.
Agent's Insight

Property Specifications

Comprehensive Details of This Fine Residence

Property Specifications

Property Type
Single Family
Architectural Style
House
Square Footage
2720

Interior Features

Basement
Finished, Full

Climate Control & Utilities

Heating System
Forced air, Natural gas
Air Conditioning
Central air conditioning

Exterior & Surroundings

Exterior Construction
Brick
Information deemed reliable but not guaranteed. Buyers should verify all property details.

Property Provenance

Historical Timeline of This Distinguished Address

Property Timeline

Historical transactions and listing information

Property image
42
New
MLS# 40751767
List Date
Jul 21, 2025, 4:58 p.m.
List Price
$799,900
Property Type
Sale
Bedrooms
3
Bathrooms
2

Financial Planning

Tools to Help You Plan Your Investment

Mortgage Financing Calculator

Calculate your monthly mortgage payments and visualize your investment over time.

$
300,000
$
20%
% p.a.

Monthly Payment

$0
Per Month
Mortgage Details
Loan Amount
$240,000
Total Interest
$0
Total Payments
$0
Loan-to-Value Ratio
80%
Total Number of Payments
360
Financial Insight

Your 20%+ down payment typically eliminates the need for private mortgage insurance, potentially saving you thousands over the life of your loan.

This calculator provides an estimate only. Your actual mortgage terms may vary based on credit history, lender requirements, and other factors.

Investment Cash Flow Analysis

Analyze your property's financial performance by tracking income and expenses to calculate net cash flow.

Total Income
$4,300/monthly
2 income sources
Total Expenses
$2,530/monthly
3 expense items
Net Cash Flow
$1,770/monthly
Positive investment return

Cash Flow Analysis

This property generates a positive cash flow of $1,770 per monthly. Consider reinvesting this surplus to enhance property value, build reserves for maintenance, or diversify your investment portfolio.

Income Sources

Rental Income
monthly
$3,500
Investment Returns
monthly
$800
Add New Income
$

Expense Items

Mortgage
monthly
$1,800
Property Tax
monthly
$450
Property Management
monthly
$280
Add New Expense
$
This calculator provides an estimate only. Actual investment returns may vary based on market conditions and unforeseen expenses.

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