$579,999 - 2968 Murphy Place, Innisfil
Townhouse for Sale in Innisfil
- MLS Number
- N13210260
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 15
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Innisfil
- Listing Brokerage
- MAIN STREET REALTY LTD.
Welcome to 2968 Murphy Place in beautiful Innisfil, offering an exceptional opportunity to enjoy relaxed living just moments from the shores of Lake Simcoe. This spacious and well-designed land lease home combines comfort, convenience, and lifestyle in one desirable package. With monthly land lease fees of $1,136.70, this property provides affordable living in a wonderful community setting.Featuring 3 bedrooms and 3 bathrooms, this vacant home is move-in ready and offers a bright, functional layout perfect for families, retirees, or anyone seeking easy main floor living. The spacious primary bedrooms each feature their own private 4-piece ensuite bathrooms, creating a comfortable and private retreat for homeowners and guests alike. Main floor laundry adds everyday convenience, while the direct entrance from the home to the garage makes coming and going effortless year-round. Step outside and enjoy the covered back porch, an ideal space for morning coffee, entertaining friends, or simply relaxing and taking in the peaceful surroundings. Located close to Lake Simcoe, parks, walking trails, marinas, and local amenities, this property offers a fabulous lifestyle with all the benefits of lakeside living while still being conveniently close to shopping, restaurants, and commuter routes. Whether you are looking to downsize, retire in comfort, or simply enjoy a quieter pace of life near the water, 2968 Murphy Place is a wonderful place to call home. Floor plans are attached thru video as well as Ai 3D walkthruogh
Estimate your monthly payments for this property
Estimated Payment
$2,975.69/mo
Includes CMHC insurance ($16,182)
5-yr fixed avg.
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.
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
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.
2968 Murphy Place, Innisfil
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $387/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 15 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.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Innisfil have shown strong appreciation as families seek more space.
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 $2,417 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.