27 Royal Oak Drive, Innisfil

Price: $199,000

3 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: N12775204

Perfect downsizer home! Nestled in the vibrant 60+ Land Lease community of Royal Oak Estates in Cookstown, this delightful 3-bedroom, 1-bathroom bungalow promises the ease of convenient one-level living. Step inside to discover a warm and inviting eat-in kitchen, perfect for meals with stainless steel appliances. The bright and spacious living/dining area is perfect for relaxation, while three generously sized bedrooms provide ample space for guests or hobbies. The third bedroom boasts a charming walkout to the back patio, seamlessly connecting indoor comfort with outdoor tranquility. Accessibility is key with a front ramp leading to the entry, ensuring ease of access for everyone. Plus, you'll love the practicality of two garden sheds for storage, keeping your outdoor space clutter-free! Land Lease Details: combined monthly fee of $905.38, covering the $50.00 base rate increase upon the sale, property tax, water/sewer, and land lease. Note: The furniture and accessories in the photos are virtually staged to inspire your vision! Don't miss the chance to embrace a vibrant community and comfortable living at 27 Royal Oak Drive

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$199,000 - 27 Royal Oak Drive, Innisfil

Detached for Sale in Innisfil

108 days on market
3Beds
1Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
N12775204
Property Type
Detached
Status
active
Days on Site
108
Bedrooms
3
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Innisfil
Listing Brokerage
ROYAL LEPAGE FIRST CONTACT REALTY
Description

Perfect downsizer home! Nestled in the vibrant 60+ Land Lease community of Royal Oak Estates in Cookstown, this delightful 3-bedroom, 1-bathroom bungalow promises the ease of convenient one-level living. Step inside to discover a warm and inviting eat-in kitchen, perfect for meals with stainless steel appliances. The bright and spacious living/dining area is perfect for relaxation, while three generously sized bedrooms provide ample space for guests or hobbies. The third bedroom boasts a charming walkout to the back patio, seamlessly connecting indoor comfort with outdoor tranquility. Accessibility is key with a front ramp leading to the entry, ensuring ease of access for everyone. Plus, you'll love the practicality of two garden sheds for storage, keeping your outdoor space clutter-free! Land Lease Details: combined monthly fee of $905.38, covering the $50.00 base rate increase upon the sale, property tax, water/sewer, and land lease. Note: The furniture and accessories in the photos are virtually staged to inspire your vision! Don't miss the chance to embrace a vibrant community and comfortable living at 27 Royal Oak Drive

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,020.97/mo

Includes CMHC insurance ($5,552)

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5-yr fixed avg.

Principal: $179,100Interest: $121,640
Mortgage Amount$184,652
Total Interest$121,640
Est. Property Tax$141/mo
Total Cost$306,292

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

27 Royal Oak Drive, 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)
15.8%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$141
Insurance (est.)-$41
Net Cash Flow+$2,618

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 $284/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 108 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.

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.

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.

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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    27 Royal Oak Drive, Innisfil | $199,000 | Battaglia Team