$798,000 - 772 Happy Vale Drive, Innisfil
Detached for Sale in Innisfil
70 days on marketNeighbourhood: Alcona
- MLS Number
- N13443560
- Property Type
- Detached
- Status
- active
- Days on Site
- 70
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Innisfil
- Listing Brokerage
- Canadian Living Realty Inc.
Families/Investors/Builders, Your Dream Property Awaits! Welcome to this stunning raised bungalow in a sought-after Innisfil neighborhood. Just steps from Lake Simcoe and its beautiful beaches, making it easy to enjoy waterfront activities like boating and fishing, with a public boat launch nearby. Situated on the massive 100X160 feet lot which has an approval to be severed in two 50' lots and build two new houses! This bungalow offers over 2,500 sq. ft. of finished living space. Quarts countertop and newer island in main floor kitchen. Fully upgraded 4 Pcs bathroom. Newer roof 2022. Furnace 2018. Main floor and basement are rented for total: $3,486. AAA Tenants are in month to month basis and can stay.
Estimate your monthly payments for this property
Estimated Payment
$4,094.15/mo
Includes CMHC insurance ($22,264)
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 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
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.
772 Happy Vale Drive, 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 $725/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.
Negotiation Opportunity
At 70 days on site, this property has exceeded the typical selling timeline for Innisfil. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
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.
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 $3,325 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.