$897,507 - 616 Mika Street, Innisfil
Detached for Sale in Innisfil
Popular ListingNeighbourhood: Rural Innisfil
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- MLS Number
- N13882908
- Property Type
- Detached
- Status
- active
- Days on Site
- 13
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Innisfil
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
The list price includes an estimated amount for the temporary Enhanced Ontario New Housing HST Rebate. Buyer to verify eligibility and details. Welcome to The Pine by Mattamy Homes, located in the highly sought-after Lakehaven community in Innisfil, just 5 minutes east of South Barrie with excellent access to Lake Simcoe, Friday Harbour, Hwy 400, shopping, schools, and the Barrie South GO Station. Situated on a nearly 40 ft wide lot with a double car garage, this 2,893 sq. ft. above grade home offers 5 bedrooms, 3.5 bathrooms, and an exceptional amount of living space. The main floor includes a spacious great room with a gas fireplace, a kitchen with a large centre island that opens to a bright breakfast area, and a separate dining room, while The Next Step upgrade adds approximately 77 sq. ft. of extra space at the entry. Upstairs, the primary suite includes a walk-in closet and an ensuite with a freestanding tub and glass shower, the second bedroom enjoys its own ensuite, and three more bedrooms, a main bathroom with double sinks, and convenient second-floor laundry complete the level. The full basement is rec room ready and has deeper windows. With a powder room on the main floor and Energy Star certification for added efficiency, this home is an incredible opportunity in one of Innisfil's most exciting new communities.
Estimate your monthly payments for this property
Estimated Payment
$4,604.67/mo
Includes CMHC insurance ($25,040)
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.
616 Mika 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 $359/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.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Innisfil.
Bathroom Count Matters
With 4 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.
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 $3,740 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.