$1,009,990 - 633 Mika Street, Innisfil
Detached for Sale in Innisfil
New — Listed 4 days ago- MLS Number
- N13423290
- Property Type
- Detached
- Status
- active
- Days on Site
- 4
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Innisfil
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
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. This Simcoe model by Mattamy Homes is 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, and the Barrie South GO Station. Situated on a 40 ft wide lot with no sidewalk, a double car garage, and driveway parking, this 2,896 sq. ft. above grade home features 3 bedrooms plus an open office, 2.5 bathrooms, and an exceptional amount of living space. The main floor includes an open living and dining area, a generous kitchen with a butler's pantry, eat-in area, large island, and 8' sliding glass doors leading to the deck. Upstairs, the spacious primary suite includes a 4-piece ensuite and walk-in closet, while the impressive loft offers soaring ceiling height and a walkout to a front balcony. The basement features soaring high ceilings, large above-grade windows, and a separate entrance, creating excellent potential for a future in-law suite or apartment. With interior garage access, a mudroom, and a smart layout that maintains access to basement storage and utilities, this home is an incredible opportunity for co-buyers or those looking for potential rental income.
Estimate your monthly payments for this property
Estimated Payment
$4,467.53/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.
633 Mika 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
Competitive Pricing
At $404/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Innisfil's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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.
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 $4,208 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.