$939,900 - 3183 Cove Avenue, Innisfil
Detached for Sale in Innisfil
49 days on market- MLS Number
- N13073128
- Property Type
- Detached
- Status
- active
- Days on Site
- 49
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Innisfil
- Listing Brokerage
- CENTURY 21 B.J. ROTH REALTY LTD.
Stunning *custom raised bungalow* on a treed 60 x 270 ft lot with no neighbours behind, just a short walk to the sandy shores of Lake Simcoe and an area beach. Located in a sought-after Innisfil neighbourhood close to Friday Harbour and only minutes to shopping, restaurants, and amenities in Barrie, 3183 Cove Avenue offers the perfect blend of privacy, style, and lake-side lifestyle. This approx. 1,387 sq.ft. raised bungalow showcases a bright open concept great room overlooking the kitchen, creating an ideal flow for everyday living and entertaining. The custom kitchen features quartz countertops, a large island, and a walk-in style pantry with a barn door, providing excellent storage and a stylish focal point. White oak engineered hardwood flooring runs throughout both the main and lower levels, adding a warm, upscale feel. The home is designed with 2 bedrooms on the main level and 2 additional bedrooms on the lower level, along with 3 bathrooms to comfortably accommodate family and guests. A large family room in the basement is anchored by a cozy gas fireplace, making it a perfect space for movie nights or relaxation. The finished custom laundry room with quartz counter offers a practical and attractive work area for household tasks. Step outside to a private backyard retreat featuring a *custom covered deck*, perfect for year-round outdoor living, dining, and entertaining while enjoying the serene treed setting with no rear neighbours. The deep lot provides excellent privacy and room to garden, play, or expand your outdoor living space. Flexible closing is available, and there is still time to choose some finishes, allowing the buyer to add personal touches and make this beautiful home truly their own. This home is full of Energy Efficient features including an ICF Foundation, Low E Argon Windows by Pollard and a Hi Efficiency Gas Furnace. Photos have been virtually staged as home is in the process of being built.
Estimate your monthly payments for this property
Estimated Payment
$4,822.17/mo
Includes CMHC insurance ($26,223)
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.
3183 Cove Avenue, 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
Fair Market Value
At $854/sqft, this property is priced in line with current Innisfil market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 49 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.
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.
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 $3,916 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.