$720,000 - 412 Limerick Crescent, Innisfil
Detached for Sale in Innisfil
45 days on marketNeighbourhood: Churchill
- MLS Number
- N13545162
- Property Type
- Detached
- Status
- active
- Days on Site
- 45
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Innisfil
- Listing Brokerage
- RIGHT AT HOME REALTY
412 Limerick Crescent, Innisfil - Finish It Your Way, Just Steps from Cook's BayAn exceptional opportunity to create your dream home near the water at a fraction of the cost. Located at the end of a quiet dead-end street in the highly desirable community of Gilford, this 3-bedroom, 2-bathroom home sits on an impressive 50 x 150 ft double lot, just steps from Cook's Bay and Gilford Beach.This is not a tear-down-it's a well-advanced renovation with over $200,000 already invested in quality materials and professional workmanship. The costly structural and mechanical upgrades have been completed, allowing you to focus on the finishing touches and customize the home to your own style.Completed improvements include an owned heat pump system for efficient heating and cooling, a brand-new 200-amp electrical service with complete interior wiring, reinforced floors and joists, soaring cathedral ceilings, plumbing installation, spray foam insulation, pot light and ceiling fan rough-ins, three new exterior doors, a new sliding patio door, and a beautiful cedar wrap-around deck. Drywall is already on site and ready for installation.Adding even more value, a deeded right-of-way directly across the street provides pedestrian access to Cook's Bay-a rare and highly desirable feature in this neighbourhood. The property also offers parking for four vehicles and a partially fenced yard.Please note there is currently no running water on site, and the electrical panel requires its final connection. The home is an active construction site; appropriate footwear is required for all showings. Property is being sold as-is, where-is. Primary photo has been digitally enhanced.
Estimate your monthly payments for this property
Estimated Payment
$3,693.97/mo
Includes CMHC insurance ($20,088)
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 Churchill
Churchill 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 Churchill
- •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
Churchill 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.
412 Limerick Crescent, 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 $480/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 45 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 Churchill
I know Churchill 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 $3,000 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.