2427 Wallace Avenue, Innisfil, ON
Property Highlights
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Alcona. Expertly crafted featuring premium vinyl siding and other construction, this residence presents an exceptional opportunity offered at $699,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 5 Bedrooms and 2 Bathrooms
- Premium 60.06 x 200.33 ft lot size
- Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available
- Notable attributes: In-Law Capability, Rough-In Bath
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to this recently renovated home in Innisfil....close to to Lake Simcoe and beaches and shopping and hwy 400!This raised bungalow has a lovely open concept layout with the living room and kitchen connected with a fireplace, place for your dining table and walk out to your backyard. Three nice sized bedrooms and 2 bathrooms finish off the upstairs. The bright basement conveniently has a separate entrance, a rec room, 2 bedrooms, plus a dedicated room that could be turned into a bathroom (some rough-in plumbing has been started!), plus a space that could be turned into a kitchenette! This large property has a deep backyard with a deck, and also has 2 driveways....plenty of room for multiple cars or other recreational vehicles! This home has great potential!
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Property Summary
This detached home located at 2427 Wallace Avenue, Innisfil is currently for sale and has been available on SousaSells for 556 days. This property is listed at $699,900 with an estimated mortgage of $2,330* per month. It has 5 beds, 2 bathrooms, and is unknown square feet. 2427 Wallace Avenue, Innisfil is in the Alcona neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
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Features
Property Features
Beach, Golf, School
Interior Features
In-Law Capability, Rough-In Bath
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Community Features
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Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 2427 Wallace Avenue, Innisfil, ON L9S 2G5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Innisfil, ON
For a property listed at $699,900 in Innisfil, the legal minimum down payment is $44,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $10,473 for this transaction. As this listing is in Innisfil (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $10,473.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.