$898,800 - 2948 Lillian Street, Innisfil
Detached for Sale in Innisfil
Neighbourhood: Rural Innisfil
- MLS Number
- N13615668
- Property Type
- Detached
- Status
- active
- Days on Site
- 26
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Innisfil
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
LOCATION, LOCATION, LOCATION! Nestled on an expansive 100' x 250' lot just steps from the serene shores and beaches of Lake Simcoe, this meticulously maintained home offers incredible curb appeal and decades of pride in ownership (same owner since 1984!). Spanning 1,749 sq. ft., this property combines spacious indoor living with a sprawling outdoor paradise. Make your entrance through the grand double doors into a spacious, welcoming foyer. The main floor features a massive 26' x 18' Great Room anchored by a warm gas fireplace and two large bay windows that fill the space with natural light. The sprawling 25' x 17' Rec Room offers a second gas fireplace, making entertaining a breeze. Unwind in the impressive 17' x 11' Primary Suite, complete with a private ensuite bathroom and a walk-in closet, while the second bedroom features convenient semi-ensuite access. Step out to your private backyard oasis, where you'll find a 3-season sunroom featuring vaulted ceilings and a ceiling fan, leading to a 12' x 14' deck with low-maintenance composite railing, a garden shed, and endless space for outdoor living. Key Features & Upgrades: Durable metal roof (2016), LeafGuard gutter protection (2021), and a GenerLink hookup for peace of mind. Garage & Storage: Massive 24' x 26' double-car garage with an additional separate 5' x 12' storage room, plus 10-car parking capacity on the massive driveway plus the 2 in the garage! "Other" room is currently unfinished and used as storage, could be finished and used as a Den with direct access to garage. Don't miss this unbelievable opportunity to enjoy beachside living with all the comforts of home! (Some photos have been virtually staged)
Estimate your monthly payments for this property
Estimated Payment
$4,611.31/mo
Includes CMHC insurance ($25,077)
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.
2948 Lillian 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 $599/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 26 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.
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.
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 $3,745 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.