664 Lakelands Avenue, Innisfil

Price: $1,190,000

4 bedrooms, 3 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: N13419984

Welcome to this spacious and versatile home offering approximately 2,740 sq. ft. of living space on an impressive 6,781 sq. ft. lot with beautiful easterly views of Lake Simcoe. Featuring two full kitchens, this unique property offers exceptional flexibility for extended families, multi-generational living, or future income potential. Enjoy the private backyard retreat featuring a relaxing hot tub , perfect for entertaining or unwinding after a day at the beach.The main floor includes a full kitchen, living/family room, dining room, one bedroom, one full bathroom, laundry room, and direct access to the backyard. The second floor features another full kitchen, three spacious bedrooms, two bathrooms, a living room, dining room, family room, and two private balconies, with stunning lake views from the living room. Whether you're looking for your dream home, a year-round cottage, or an investment opportunity, this property offers endless possibilities. The layout may lend itself to two separate living spaces, subject to the buyer obtaining all necessary permits and approvals. Enjoy the private backyard complete with a hot tub. Located just a 3-minute walk to the waterfront and steps from Innisfil Beach Park, this home is close to all amenities, Highway 11, Highway 400, and less than one hour from Toronto. A rare opportunity to own a spacious property with lake views in one of Innisfil's most desirable waterfront communities.

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$1,190,000 - 664 Lakelands Avenue, Innisfil

Detached for Sale in Innisfil

Neighbourhood: Alcona

4Beds
3Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
N13419984
Property Type
Detached
Status
active
Days on Site
22
Bedrooms
4
Bathrooms
3
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Innisfil
Lot Size
6,781 sqft
Listing Brokerage
SUTTON GROUP-ADMIRAL REALTY INC.
Description

Welcome to this spacious and versatile home offering approximately 2,740 sq. ft. of living space on an impressive 6,781 sq. ft. lot with beautiful easterly views of Lake Simcoe. Featuring two full kitchens, this unique property offers exceptional flexibility for extended families, multi-generational living, or future income potential. Enjoy the private backyard retreat featuring a relaxing hot tub , perfect for entertaining or unwinding after a day at the beach.The main floor includes a full kitchen, living/family room, dining room, one bedroom, one full bathroom, laundry room, and direct access to the backyard. The second floor features another full kitchen, three spacious bedrooms, two bathrooms, a living room, dining room, family room, and two private balconies, with stunning lake views from the living room. Whether you're looking for your dream home, a year-round cottage, or an investment opportunity, this property offers endless possibilities. The layout may lend itself to two separate living spaces, subject to the buyer obtaining all necessary permits and approvals. Enjoy the private backyard complete with a hot tub. Located just a 3-minute walk to the waterfront and steps from Innisfil Beach Park, this home is close to all amenities, Highway 11, Highway 400, and less than one hour from Toronto. A rare opportunity to own a spacious property with lake views in one of Innisfil's most desirable waterfront communities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,263.77/mo

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5-yr fixed avg.

Principal: $952,000Interest: $627,131
Mortgage Amount$952,000
Total Interest$627,131
Est. Property Tax$843/mo
Total Cost$1,579,131

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: Alcona

Discover Alcona

Alcona 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 Alcona

  • 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

Alcona 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

664 Lakelands Avenue, Innisfil

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,550/mo
Range: $3,018 - $4,082
Cap Rate (ROI)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,550
Maintenance Fees-$0
Property Tax (est.)-$843
Insurance (est.)-$248
Net Cash Flow+$2,459

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 $476/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 22 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 Alcona

I know Alcona 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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    664 Lakelands Avenue, Innisfil | $1,190,000 | Battaglia Team