$720,000 - 412 Limerick Crescent, Innisfil
Detached for Sale in Innisfil
109 days on market- MLS Number
- N12738618
- Property Type
- Detached
- Status
- active
- Days on Site
- 109
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Innisfil
- Listing Brokerage
- RIGHT AT HOME REALTY
412 Limerick Crescent, Innisfil - Finish It Your Way, Steps from the LakeA rare chance to land lakeside living at a fraction of the cost - if you know how to recognize value in the making. Tucked at the end of a quiet dead-end street in sought-after Gilford, this 3-bedroom, 2-bath home sits on a generous 50 x 150 double lot, just steps from Cook's Bay and Gilford Beach. The heavy lifting is done. Over $200,000 has already been invested in skilled labour and premium materials - this is a well-advanced renovation, not a tear-down. Completed work includes: owned heat exchanger (heating & cooling), brand-new 200-amp electrical panel with full interior wiring, reinforced floors and joists, cathedral ceiling, pot light and fan rough-ins, installed plumbing, spray foam insulation, three new exterior doors, a new sliding door, and a cedar wrap-around deck. Drywall is on-site and ready to go. The expensive, structural work is behind you - what's left is the fun part. Directly across the street, a deeded right-of-way provides pedestrian access to the water - a genuinely rare feature in this market. Parking for four vehicles and a partially fenced yard round out the package. Please note: no running water currently on site; electrical panel requires final connection. Property is under active construction - appropriate footwear required for showings. Sold as-is, where-is. Primary photo digital enhanced.
Estimate your monthly payments for this property
Estimated Payment
$3,693.97/mo
Includes CMHC insurance ($20,088)
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.
412 Limerick Crescent, 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 $480/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.
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.
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.
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 $3,000 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
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.