2083 Lilac Drive, Innisfil

Price: $699,900

4 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: N13153530

Top 5 Reasons You Will Love This Home: 1) Charming and well-maintained 2-storey home ideally positioned just steps from the shores of Lake Simcoe and the popular Innisfil Beach Park, delivering lakeside living and everyday convenience 2) Excellent opportunity for first-time buyers, investors, or those looking to enter the market with a property full of potential 3) Partially finished basement featuring a separate entrance, full kitchen, bedroom, and bathroom, presenting ideal in-law or income-generating possibilities 4) Expansive fully fenced backyard set on a generous lot, complete with deeded access to a private beach for added enjoyment throughout the warmer months 5) Conveniently located close to schools, shopping, restaurants, daily amenities, and Highway 400 access, making commuting and everyday errands effortless. 1,225 above grade sq.ft. plus a finished basement.

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$699,900 - 2083 Lilac Drive, Innisfil

Detached for Sale in Innisfil

4Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
N13153530
Property Type
Detached
Status
active
Days on Site
26
Bedrooms
4
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Innisfil
Listing Brokerage
FARIS TEAM REAL ESTATE BROKERAGE
Description

Top 5 Reasons You Will Love This Home: 1) Charming and well-maintained 2-storey home ideally positioned just steps from the shores of Lake Simcoe and the popular Innisfil Beach Park, delivering lakeside living and everyday convenience 2) Excellent opportunity for first-time buyers, investors, or those looking to enter the market with a property full of potential 3) Partially finished basement featuring a separate entrance, full kitchen, bedroom, and bathroom, presenting ideal in-law or income-generating possibilities 4) Expansive fully fenced backyard set on a generous lot, complete with deeded access to a private beach for added enjoyment throughout the warmer months 5) Conveniently located close to schools, shopping, restaurants, daily amenities, and Highway 400 access, making commuting and everyday errands effortless. 1,225 above grade sq.ft. plus a finished basement.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,590.85/mo

Includes CMHC insurance ($19,527)

$
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5%10%50%

5-yr fixed avg.

Principal: $629,910Interest: $427,818
Mortgage Amount$649,437
Total Interest$427,818
Est. Property Tax$496/mo
Total Cost$1,077,255

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

2083 Lilac Drive, Innisfil

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
4.4%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$496
Insurance (est.)-$146
Net Cash Flow+$2,558

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 $636/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 26 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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Innisfil. Good resale value as demand remains consistent.

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 $2,916 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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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    2083 Lilac Drive, Innisfil — $699,900 | Battaglia Team