5 Terra Nova Arm N/A, Innisfil

Price: $398,900

2 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: N13061604

Welcome to this popular and well-maintained site-built Sandalwood II home, located in the vibrant adult community of Sandycove Acres south. The home has an open-air floor plan with 2 bedrooms, 1.5 bathrooms, completely drywalled interior and crown moulding in the main living area. Exterior aluminum siding was painted in 2021 and the front porch was redone in composite decking with updated stone steps and walkway providing a formal entrance at the front door and additional access at the right side walkway. The floor plan offers a spacious living room including a free-standing gas fireplace, generous dining area, galley style kitchen and a bright family room. Complementing the floor plan is a main bathroom with a walk-in shower, ample sized second bedroom, large primary bedroom with a walk through closet and a 2 pc ensuite. Interior updates include new door hardware, floor registers, LED ceiling lights, electrical switches and outlets. A garden door walk out from the family room takes you to a 3-season sunroom overlooking the patio made of precast concrete slabs and the green space behind. There is an attached storage room with power and ample 2 car side by side parking with easy access to the front door. Sandycove Acres is an adult lifestyle community close to Lake Simcoe, Innisfil Beach Park, Alcona, Stroud, Barrie and HWY 400. There are many groups and activities to participate in, along with 2 heated outdoor saltwater pools, 3 community halls, games room, fitness centre, outdoor shuffleboard and pickle ball courts. New fees are $930.01/mo. rent and $134.85/mo. taxes. Come visit your home to stay and book your showing today.

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$398,900 - 5 Terra Nova Arm N/A, Innisfil

Detached for Sale in Innisfil

50 days on market
2Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
N13061604
Property Type
Detached
Status
active
Days on Site
50
Bedrooms
2
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Innisfil
Listing Brokerage
ROYAL LEPAGE FIRST CONTACT REALTY
Description

Welcome to this popular and well-maintained site-built Sandalwood II home, located in the vibrant adult community of Sandycove Acres south. The home has an open-air floor plan with 2 bedrooms, 1.5 bathrooms, completely drywalled interior and crown moulding in the main living area. Exterior aluminum siding was painted in 2021 and the front porch was redone in composite decking with updated stone steps and walkway providing a formal entrance at the front door and additional access at the right side walkway. The floor plan offers a spacious living room including a free-standing gas fireplace, generous dining area, galley style kitchen and a bright family room. Complementing the floor plan is a main bathroom with a walk-in shower, ample sized second bedroom, large primary bedroom with a walk through closet and a 2 pc ensuite. Interior updates include new door hardware, floor registers, LED ceiling lights, electrical switches and outlets. A garden door walk out from the family room takes you to a 3-season sunroom overlooking the patio made of precast concrete slabs and the green space behind. There is an attached storage room with power and ample 2 car side by side parking with easy access to the front door. Sandycove Acres is an adult lifestyle community close to Lake Simcoe, Innisfil Beach Park, Alcona, Stroud, Barrie and HWY 400. There are many groups and activities to participate in, along with 2 heated outdoor saltwater pools, 3 community halls, games room, fitness centre, outdoor shuffleboard and pickle ball courts. New fees are $930.01/mo. rent and $134.85/mo. taxes. Come visit your home to stay and book your showing today.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,046.56/mo

Includes CMHC insurance ($11,129)

$
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5-yr fixed avg.

Principal: $359,010Interest: $243,830
Mortgage Amount$370,139
Total Interest$243,830
Est. Property Tax$283/mo
Total Cost$613,969

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.

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Neighbourhood Guide: Innisfil

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

5 Terra Nova Arm N/A, Innisfil

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
6.1%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$283
Insurance (est.)-$83
Net Cash Flow+$2,034

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $363/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 50 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.

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.

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    5 Terra Nova Arm N/A, Innisfil | $398,900 | Battaglia Team