$980,000 - 3187 Cove Avenue, Innisfil
Detached for Sale in Innisfil
87 days on market- MLS Number
- N12917312
- Property Type
- Detached
- Status
- active
- Days on Site
- 87
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 5,000+ sqft
- Neighbourhood
- Innisfil
- Listing Brokerage
- CENTURY 21 B.J. ROTH REALTY LTD.
Beautiful *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. This approx. 2600 sq.ft. finished raised bungalow offers 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. A large covered deck measuring 16 x 10' off the primary bedroom extends the living space outdoors and overlooks the private, treed backyard, making it an inviting spot for morning coffee or relaxing in the evening. The deep 60 x 270 ft lot with no rear neighbours provides excellent privacy and room to garden, play, or create a future outdoor living area. Some photos are virtually staged. Flexible closing is available. Efficient ICF Foundation.
Estimate your monthly payments for this property
Estimated Payment
$5,027.91/mo
Includes CMHC insurance ($27,342)
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.
3187 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
Competitive Pricing
At $196/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 87 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.
Larger Home Realities
At 5,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
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.