5 Elizabeth St N/A, Innisfil

Price: $610,000

4 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: N13507286

Attention investors, house-flippers, and multigenerational families! This 3-bedroom detached raised bungalow on a premium mature lot is priced to move, available for a quick closing and being sold as-is. A true blank canvas primed for a high-return transformation. The Quick Flip: Capitalize on an ideal structural footprint and a motivated timeline to renovate and re-sell. Multigenerational Living: Create a completely private, seamless in-law retreat or independent living space for extended family (In-law potential). The main floor features a bright layout, a spacious kitchen and dining area that leads out to a second story deck overlooking a fully-fenced backyard. The standout feature is the lower level, boasting two separate grade-level entrances; a direct entry from the attached garage and a sliding glass door walk-out to the fenced backyard. Include in this 200 amp service and a heated garage. This unique layout provides incredible flexibility to suit any real estate strategy. Located on a quiet street steps from the local library and park, with rapid, minute access to Highway 400 and Highway 89.Don't miss this multi-purpose real estate advantage. Book your showing today!

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New Listing
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$610,000 - 5 Elizabeth St N/A, Innisfil

Detached for Sale in Innisfil

New — Listed 7 days ago

Neighbourhood: Cookstown

4Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
N13507286
Property Type
Detached
Status
active
Days on Site
7
Bedrooms
4
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Innisfil
Listing Brokerage
ROYAL LEPAGE FIRST CONTACT REALTY
Description

Attention investors, house-flippers, and multigenerational families! This 3-bedroom detached raised bungalow on a premium mature lot is priced to move, available for a quick closing and being sold as-is. A true blank canvas primed for a high-return transformation. The Quick Flip: Capitalize on an ideal structural footprint and a motivated timeline to renovate and re-sell. Multigenerational Living: Create a completely private, seamless in-law retreat or independent living space for extended family (In-law potential). The main floor features a bright layout, a spacious kitchen and dining area that leads out to a second story deck overlooking a fully-fenced backyard. The standout feature is the lower level, boasting two separate grade-level entrances; a direct entry from the attached garage and a sliding glass door walk-out to the fenced backyard. Include in this 200 amp service and a heated garage. This unique layout provides incredible flexibility to suit any real estate strategy. Located on a quiet street steps from the local library and park, with rapid, minute access to Highway 400 and Highway 89.Don't miss this multi-purpose real estate advantage. Book your showing today!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,129.62/mo

Includes CMHC insurance ($17,019)

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5-yr fixed avg.

Principal: $549,000Interest: $372,866
Mortgage Amount$566,019
Total Interest$372,866
Est. Property Tax$432/mo
Total Cost$938,885

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: Cookstown

Discover Cookstown

Cookstown 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 Cookstown

  • 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

Cookstown 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

5 Elizabeth St N/A, Innisfil

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
5.2%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$432
Insurance (est.)-$127
Net Cash Flow+$2,641

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

Fair Market Value

At $871/sqft, this property is priced in line with current Innisfil market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

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.

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.

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.

About Cookstown

I know Cookstown 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.

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    5 Elizabeth St N/A, Innisfil | $610,000 | Battaglia Team