$549,000 - 2969 Murphy Place, Innisfil
Townhouse for Sale in Innisfil
109 days on market- MLS Number
- N12650450
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 109
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Innisfil
- Listing Brokerage
- ICI SOURCE REAL ASSET SERVICES INC.
Modern 3-Bedroom 3-Full-Washroom Bungalow Townhome | 1,692 SF | Land Lease | Built 2024. The Home- Vaulted ceilings in living/dining - feels huge- Living room overlooks peaceful green space- Covered patio. Premium Upgrades: - 200 AMP electrical + EV charging station installed- Energy Star certified with smart thermostat- In-floor radiant heating + tankless water heater- Quartz countertops, SPC flooring, ceramic tile- Stainless steel appliances (fridge, stove, dishwasher) + washer/dryer included- 1 garage + 1 driveway spot. Location Perks: - 4 min to Lake Simcoe beaches & trails- 9 min to Barrie South GO- Steps to new playground- Quick Highway 400 access. Land Lease Living = More Home, Better Value Than a Condo. Own your home 100% and build real equity-just like any homeowner-without paying the high price of land. Enjoy what condos simply can't offer: - Your own private garage- no elevators or shared parking- A backyard with open views - perfect for relaxing or entertaining- Peace, privacy, and space - no neighbors above or below. The land lease is about $900/month, which works very similar to condo fees-but with key advantages: - Predictable monthly cost (no surprise special assessments)- No condo board restrictions or drama- No expensive reserve fund increases. Unlike a condo, you're getting a full home lifestyle with more space and independence. *For Additional Property Details Click The Brochure Icon Below*
Estimate your monthly payments for this property
Estimated Payment
$2,816.65/mo
Includes CMHC insurance ($15,317)
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.
2969 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 $366/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 109 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.
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 $2,288 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.