$505,000 - 1066 Wood Street, Innisfil
Detached for Sale in Innisfil
Popular ListingNeighbourhood: Rural Innisfil
- MLS Number
- N13489092
- Property Type
- Detached
- Status
- active
- Days on Site
- 9
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Innisfil
- Listing Brokerage
- FARIS TEAM REAL ESTATE BROKERAGE
Top 5 Reasons You Will Love This Home: 1) Rarely does the opportunity arise to own an affordable detached home with a large private yard, making 1066 Wood Street an exceptional option for first-time buyers with its fully detached two bedroom bungalow set on a generous 37'x132' lot, offering the pride of home-ownership, the freedom of owning your own land, no monthly maintenance fees, no condo board restrictions, and plenty of space to enjoy and grow into 2) Completely move-in ready, this home allows you to skip the stress and expense of major renovations thanks to an updated white kitchen, a beautifully renovated 4-piece bathroom with heated floors, durable newer flooring, a cozy gas fireplace, and important infrastructure updates, including a new pressure tank, bedroom windows, and front door that provide added confidence and peace of mind 3) More than just a home, this property presents an incredible lifestyle with access to a private residents-only beach through the Bayview Beach Residents Association for a nominal annual fee, placing you just steps from Lake Simcoe where swimming, paddleboarding, boating, local marinas, and waterfront dining can become part of your everyday routine 4) Perfectly positioned for commuters, this home allows you to enjoy a relaxed lakeside setting without sacrificing convenience, located just a short drive from the Barrie South GO station and the future Innisfil GO station, making travel into downtown Toronto simple, efficient, and stress-free 5) Thoughtfully designed for everyday comfort and enjoyment, the home features a bright southeast-facing sunroom filled with natural light, a spacious backyard deck ideal for summer entertaining, and a practical mudroom with direct backyard access that creates the perfect space for organizing boots, jackets, and outdoor gear while keeping the rest of the home tidy and welcoming. 664 fin.sq.ft.
Estimate your monthly payments for this property
Estimated Payment
$2,590.91/mo
Includes CMHC insurance ($14,090)
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 Rural Innisfil
Rural 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 Rural 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
Rural 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.
1066 Wood 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 $721/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.
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.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
About Rural Innisfil
I know Rural Innisfil well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
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 $2,104 (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.