15 Cherrywood Lane, Innisfil

Price: $399,000

2 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: N13116388

FULLY RENOVATED LOW-MAINTENANCE BUNGALOW WITH A PRIVATE TREED YARD & STYLISH INTERIOR! Your jaw might hit the floor the second you walk into this far-from-average Sandycove Acres bungalow at 15 Cherrywood Lane. Soft sage green vinyl siding in a board-and-batten style, updated front railing, replaced front gutters, a repainted front deck, and a private driveway for three make this bungalow every bit as appealing outside as it is inside, while the treed backyard, deck, fire pit area, garden shed, and generous yard space add even more to enjoy. Through the front door, the renovation hits immediately with light-coloured waterproof flooring, neutral finishes, updated drywall, fresh paint, pot lights, newer windows, and newer doors, giving the home a very modern feel. A fluted wood-look accent wall brings extra personality to the living area, while the kitchen delivers with quartz countertops, a matching backsplash, stainless steel appliances, and a peninsula with seating. Two bedrooms keep the layout manageable, with the primary featuring two double closets and the second bedroom offering its own double closet, while the beautifully finished 3-piece bathroom stands out with a glass-walled shower, black fixtures, and hexagon tile detail. Forced air gas heating, complemented by a ductless mini-split air conditioner and heater, adds reliable year-round comfort. All of this is set within a vibrant 50+ adult lifestyle community near the shores of Lake Simcoe, where residents enjoy an on-site mall, three clubhouses, kitchen facilities, fitness facilities, games rooms, libraries, two heated outdoor pools, laundry facilities, dart boards, indoor and outdoor shuffleboard courts, indoor and outdoor pickleball, a wood workshop, walking trails, and a full calendar of recreation and social events.

15 Cherrywood Lane - Detached photo 1 of 15 in Innisfil, Ontario
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$399,000 - 15 Cherrywood Lane, Innisfil

Detached for Sale in Innisfil

38 days on market
2Beds
1Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
N13116388
Property Type
Detached
Status
active
Days on Site
38
Bedrooms
2
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Innisfil
Listing Brokerage
RE/MAX HALLMARK PEGGY HILL GROUP REALTY
Description

FULLY RENOVATED LOW-MAINTENANCE BUNGALOW WITH A PRIVATE TREED YARD & STYLISH INTERIOR! Your jaw might hit the floor the second you walk into this far-from-average Sandycove Acres bungalow at 15 Cherrywood Lane. Soft sage green vinyl siding in a board-and-batten style, updated front railing, replaced front gutters, a repainted front deck, and a private driveway for three make this bungalow every bit as appealing outside as it is inside, while the treed backyard, deck, fire pit area, garden shed, and generous yard space add even more to enjoy. Through the front door, the renovation hits immediately with light-coloured waterproof flooring, neutral finishes, updated drywall, fresh paint, pot lights, newer windows, and newer doors, giving the home a very modern feel. A fluted wood-look accent wall brings extra personality to the living area, while the kitchen delivers with quartz countertops, a matching backsplash, stainless steel appliances, and a peninsula with seating. Two bedrooms keep the layout manageable, with the primary featuring two double closets and the second bedroom offering its own double closet, while the beautifully finished 3-piece bathroom stands out with a glass-walled shower, black fixtures, and hexagon tile detail. Forced air gas heating, complemented by a ductless mini-split air conditioner and heater, adds reliable year-round comfort. All of this is set within a vibrant 50+ adult lifestyle community near the shores of Lake Simcoe, where residents enjoy an on-site mall, three clubhouses, kitchen facilities, fitness facilities, games rooms, libraries, two heated outdoor pools, laundry facilities, dart boards, indoor and outdoor shuffleboard courts, indoor and outdoor pickleball, a wood workshop, walking trails, and a full calendar of recreation and social events.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,047.08/mo

Includes CMHC insurance ($11,132)

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5-yr fixed avg.

Principal: $359,100Interest: $243,891
Mortgage Amount$370,232
Total Interest$243,891
Est. Property Tax$283/mo
Total Cost$614,123

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

15 Cherrywood Lane, Innisfil

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
6.1%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$283
Insurance (est.)-$83
Net Cash Flow+$2,034

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 $570/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.

Market Position

At 38 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    15 Cherrywood Lane, Innisfil | $399,000 | Battaglia Team