1063 WOOD Street, Innisfil

Price: $888,000

3 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: N12931646

Beautifully Updated Lakeside Home w/Separate Entrance & Private Beach Access! Towering 3+1 Bed, 3+1 Bath Home w/Access From 2 Streets, Plus A Detached Garage w/Guest Bunkie Space Above! Big Kitchen w/Stone Counters, Gas Stove & Walk-In Pantry. Sunroom w/Panoramic Windows Offering Seasonal Lake Views. Large Living & Dining Room. Spacious Primary Bedroom w/Dazzling Ensuite Bath. Lower Level Features A Separate Side Entrance, A Family Room w/Gas Fireplace + Tons Of Storage. KEY UPDATES: Kitchen, Bathrooms, Furnace, Most Windows, Vinyl Plank Flooring, Tiles, Lighting, Hardware, Garden Door + Berber & Glass Paneling On Staircase. Enjoy Private Beach Access (Approx $300yr) Featuring A Clean Sandy Beach, Park/Picnic Area + Boat Docking Privileges! Meticulously Maintained & Loved Home Offering Endless Possibilities!

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$888,000 - 1063 WOOD Street, Innisfil

Detached for Sale in Innisfil

83 days on market
3Beds
3Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
N12931646
Property Type
Detached
Status
active
Days on Site
83
Bedrooms
3
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Innisfil
Listing Brokerage
RE/MAX HALLMARK CHAY REALTY
Description

Beautifully Updated Lakeside Home w/Separate Entrance & Private Beach Access! Towering 3+1 Bed, 3+1 Bath Home w/Access From 2 Streets, Plus A Detached Garage w/Guest Bunkie Space Above! Big Kitchen w/Stone Counters, Gas Stove & Walk-In Pantry. Sunroom w/Panoramic Windows Offering Seasonal Lake Views. Large Living & Dining Room. Spacious Primary Bedroom w/Dazzling Ensuite Bath. Lower Level Features A Separate Side Entrance, A Family Room w/Gas Fireplace + Tons Of Storage. KEY UPDATES: Kitchen, Bathrooms, Furnace, Most Windows, Vinyl Plank Flooring, Tiles, Lighting, Hardware, Garden Door + Berber & Glass Paneling On Staircase. Enjoy Private Beach Access (Approx $300yr) Featuring A Clean Sandy Beach, Park/Picnic Area + Boat Docking Privileges! Meticulously Maintained & Loved Home Offering Endless Possibilities!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,555.90/mo

Includes CMHC insurance ($24,775)

$
$
5%10%50%

5-yr fixed avg.

Principal: $799,200Interest: $542,795
Mortgage Amount$823,975
Total Interest$542,795
Est. Property Tax$629/mo
Total Cost$1,366,770

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: Innisfil

Discover Innisfil

Innisfil 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 Innisfil

  • 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

Innisfil 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

1063 WOOD Street, Innisfil

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$629
Insurance (est.)-$185
Net Cash Flow+$1,986

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 $592/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.

Negotiation Opportunity

At 83 days on site, this property has exceeded the typical selling timeline for Innisfil. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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 $3,700 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    1063 WOOD Street, Innisfil | $888,000 | Battaglia Team