621 Mika Street, Innisfil

Price: $979,990

4 bedrooms, 3 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: N13123762

Take advantage of the New Enhanced Ontario HST Rebate for an additional rebate off the posted price. Use Mattamy's online calculator to estimate the potential rebate available for this specific home. Buyer to verify eligibility and details. Welcome to The Garson by Mattamy Homes, located in the highly sought-after Lakehaven community in Innisfil, just 5 minutes east of South Barrie with excellent access to Lake Simcoe, Friday Harbour, Hwy 400, shopping, schools, and the Barrie South GO Station. Situated on a nearly 40 ft wide lot with a double car garage, long driveway, and no sidewalk, this 2,763 sq. ft. above grade home offers 4 bedrooms, 2.5 bathrooms, and an exceptional amount of living space. The show-stopping modern exterior features huge windows that fill the home with natural light. Inside, the main floor includes an open living and dining area and a stunning upgraded kitchen with a two-tone island, upgraded cabinetry, beautiful backsplash, eat-in area, and 8' sliding glass doors leading to the back deck. Upstairs, the spacious primary suite includes a walk-in closet and ensuite, while the second floor also offers a large loft/family room and convenient laundry room. With interior garage access through the mudroom, a powder room, and energy star certified for added efficiency, this home is an incredible opportunity in one of Innisfil's most exciting new communities.

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$979,990 - 621 Mika Street, Innisfil

Detached for Sale in Innisfil

37 days on market
4Beds
3Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
N13123762
Property Type
Detached
Status
active
Days on Site
37
Bedrooms
4
Bathrooms
3
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Innisfil
Listing Brokerage
RE/MAX HALLMARK REALTY LTD.
Description

Take advantage of the New Enhanced Ontario HST Rebate for an additional rebate off the posted price. Use Mattamy's online calculator to estimate the potential rebate available for this specific home. Buyer to verify eligibility and details. Welcome to The Garson by Mattamy Homes, located in the highly sought-after Lakehaven community in Innisfil, just 5 minutes east of South Barrie with excellent access to Lake Simcoe, Friday Harbour, Hwy 400, shopping, schools, and the Barrie South GO Station. Situated on a nearly 40 ft wide lot with a double car garage, long driveway, and no sidewalk, this 2,763 sq. ft. above grade home offers 4 bedrooms, 2.5 bathrooms, and an exceptional amount of living space. The show-stopping modern exterior features huge windows that fill the home with natural light. Inside, the main floor includes an open living and dining area and a stunning upgraded kitchen with a two-tone island, upgraded cabinetry, beautiful backsplash, eat-in area, and 8' sliding glass doors leading to the back deck. Upstairs, the spacious primary suite includes a walk-in closet and ensuite, while the second floor also offers a large loft/family room and convenient laundry room. With interior garage access through the mudroom, a powder room, and energy star certified for added efficiency, this home is an incredible opportunity in one of Innisfil's most exciting new communities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,027.86/mo

Includes CMHC insurance ($27,342)

$
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5%10%50%

5-yr fixed avg.

Principal: $881,991Interest: $599,024
Mortgage Amount$909,333
Total Interest$599,024
Est. Property Tax$694/mo
Total Cost$1,508,357

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

621 Mika Street, Innisfil

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,550/mo
Range: $3,018 - $4,082
Cap Rate (ROI)
3.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,550
Maintenance Fees-$0
Property Tax (est.)-$694
Insurance (est.)-$204
Net Cash Flow+$2,652

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 $392/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.

Market Position

At 37 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 $4,083 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    621 Mika Street, Innisfil | $979,990 | Battaglia Team