539 Mika Street, Innisfil

Price: $939,990

4 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: N13464770

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.Welcome to The Edgewood by Mattamy Homes, a well-designed detached home offering 2,360 sq. ft. of living space with a double car garage in the growing community of Innisfil. This location provides convenient access to shopping, schools, parks, and everyday amenities. The main floor features a spacious Great Room with a gas fireplace, along with a functional kitchen and dining area ideal for family living. Interior garage access through the mudroom, located beside the main-floor powder room, adds everyday convenience. Upstairs, the primary bedroom includes a 3-piece ensuite and walk-in closet, complemented by a versatile family room and a dedicated second-floor laundry room. Bedrooms three and four each offer their own walk-in closets, providing excellent storage and flexibility. With its thoughtful layout and modern features, The Edgewood is a fantastic opportunity to own a brand-new Mattamy home in one of Innisfil's most desirable new communities.

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$939,990 - 539 Mika Street, Innisfil

Detached for Sale in Innisfil

Neighbourhood: Rural Innisfil

4Beds
3Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
N13464770
Property Type
Detached
Status
active
Days on Site
18
Bedrooms
4
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Innisfil
Listing Brokerage
RE/MAX HALLMARK REALTY LTD.
Description

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.Welcome to The Edgewood by Mattamy Homes, a well-designed detached home offering 2,360 sq. ft. of living space with a double car garage in the growing community of Innisfil. This location provides convenient access to shopping, schools, parks, and everyday amenities. The main floor features a spacious Great Room with a gas fireplace, along with a functional kitchen and dining area ideal for family living. Interior garage access through the mudroom, located beside the main-floor powder room, adds everyday convenience. Upstairs, the primary bedroom includes a 3-piece ensuite and walk-in closet, complemented by a versatile family room and a dedicated second-floor laundry room. Bedrooms three and four each offer their own walk-in closets, providing excellent storage and flexibility. With its thoughtful layout and modern features, The Edgewood is a fantastic opportunity to own a brand-new Mattamy home in one of Innisfil's most desirable new communities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,822.64/mo

Includes CMHC insurance ($26,226)

$
$
5%10%50%

5-yr fixed avg.

Principal: $845,991Interest: $574,574
Mortgage Amount$872,217
Total Interest$574,574
Est. Property Tax$666/mo
Total Cost$1,446,791

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: Rural Innisfil

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

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

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.

70
Walk Score
Varies
Price Range

539 Mika Street, Innisfil

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,300/mo
Range: $2,805 - $3,795
Cap Rate (ROI)
3.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,300
Maintenance Fees-$0
Property Tax (est.)-$666
Insurance (est.)-$196
Net Cash Flow+$2,438

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

Competitive Pricing

At $470/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 18 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.

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.

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.

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.

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    539 Mika Street, Innisfil | $939,990 | Battaglia Team