$1,299,900 - 461 Limerick Street, Innisfil
Detached for Sale in Innisfil
44 days on market- MLS Number
- N13090520
- Property Type
- Detached
- Status
- active
- Days on Site
- 44
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Innisfil
- Listing Brokerage
- RE/MAX HALLMARK CHAY REALTY
Experience the ultimate lakefront lifestyle with 50 ft of pristine, direct waterfront on Lake Simcoe's Cooks Bay! Tucked at the end of a quiet dead-end street and siding onto lush forest, this private 173-ft deep lot is a rare find! Versatile Opportunity as your 4-season home, summer getaway or Air B&B Investment!! Enjoy endless outdoor fun with fire pits, fruit trees, trampoline area, and space for family gatherings-plus you're just ~100 ft from a beautiful Lake Simcoe sandbar! This fully renovated home features a stunning chef's kitchen with a 10-ft island, farmhouse sink, ZLINE 8-burner gas stove, pot filler, double oven & skylights, complemented by hardwood floors and breathtaking water views from nearly every room. Relax by the cozy fireplace or soak in the gleaming water from the sun-filled dining/ sunroom. Main floor offers laundry with built-ins and a bright spacious mudroom with double-door entry. Upstairs, the primary retreat impresses with 14-ft soaring ceilings, private balcony, walk-in closet & spa-like ensuite with jacuzzi tub. Additional features include an oversized insulated detached garage (18'x16') with EV hookup & 100 AMP sub-panel, 200 AMP service, tankless water heater, nat gas BBQ hookup, hot tub pad & invisible fence. Recent Renovations; kitchen ('21), flooring ('22), most windows ('22), main floor bath ('26), shiplap decor ('21), washer/dryer ('21). Prime location minutes to beaches, boating, golf, ice fishing, shopping, restaurants, Yonge St & Hwy 400-your perfect year-round waterfront escape & Family home! This property does very well as Air B&B!!
Estimate your monthly payments for this property
Estimated Payment
$5,749.90/mo
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.
461 Limerick Street, 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 $867/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.
Market Position
At 44 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.
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 $5,416 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.