718 Mika Street, Innisfil, ON

$924,000
MLS#:N12046951
4 beds
3 baths
2000-2500 sqft
2.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Rural Innisfil. Expertly crafted featuring premium brick and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $924,000 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.

  • 4 Bedrooms and 3 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a premium 32.81 x 104.99 ft lot
  • Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: On Demand Water Heater
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Top 5 Reasons You Will Love This Home: 1) Newly built, thoughtfully designed detached home perfectly blends modern elegance and everyday comfort with high-end finishes and a spacious, functional layout 2) The chefs kitchen is a true highlight, featuring quartz countertops, tall cabinetry, an oversized island with extra outlets, brand-new stainless-steel appliances including a gas range and stylish gold hardware, while its open plan design seamlessly connects to the living and dining areas, making it ideal for entertaining 3) Main level impresses with smooth 9' ceilings, hardwood flooring, and a bright living space with a gas fireplace and walkout to the backyard, a dedicated home office featuring a soaring 11' ceiling and expansive windows on two sides, filling the space with natural light and creating an airy, open feel, perfect for a productive workspace 4) Upstairs, four well-sized bedrooms offer ample space, including a luxurious primary suite with a coffered ceiling, a spacious walk-in closet, a beautifully finished ensuite, and a convenient upper level laundry with built-in cabinetry and brand-new washer and dryer that adds to the homes practicality 5) Thoughtfully designed with upscale touches, this home features custom California shutters, oversized doors, recessed lighting, and premium finishes, while nestled in a sought-after new community, with easy access to local amenities, parks, and lakeside recreation. 2,179 sq.ft. plus an unfinished basement. Visit our website for more detailed information.

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Property Summary

This detached home located at 718 Mika Street, Innisfil is currently for sale and has been available on SousaSells for 474 days. This property is listed at $924,000 with an estimated mortgage of $3,076* per month. It has 4 beds, 3 bathrooms, and is 2000-2500 square feet. 718 Mika Street, Innisfil is in the Rural Innisfil neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
4
Bathrooms
3
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMay 12, 2025
Sold price information is available to members only
Listed Date3/28/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick, Stucco (Plaster)
BasementFull, Unfinished
Lot Size32.81 × 104.99 Feet
CountySimcoe
Annual Tax$4,835.53
Legal DescriptionLOT 22, PLAN 51M1189 SUBJECT TO AN EASEMENT FOR ENTRY AS IN SC2041069 TOWN OF INNISFIL

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Beach

Interior Features

On Demand Water Heater

Security Features

Community Features

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Location

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718 Mika Street, Innisfil, ON
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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 718 Mika Street, Innisfil, ON L9S 0R7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Innisfil.

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Interest Rate4.00%
Down Payment$277,200 (30.0%)
* Minimum Canadian down payment required for this price is $67,400.
Amortization Period30 Years
Estimated Monthly Payment$3,076Based on a loan of $646,800 over 30 years.
Purchase Price$924,000
Loan Amount$646,800
Provincial Land Transfer Tax:$14,955
Total Estimated Closing Taxes:$14,955

About Purchasing a Home in Innisfil, ON

For a property listed at $924,000 in Innisfil, the legal minimum down payment is $67,400 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 $14,955 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 $14,955.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Rural Innisfil, Innisfil.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,129,443

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Goodfellow
Public827 9th Line, Innisfil, Ontario, L9S 1A6
5.1
Holy Cross
Public910 Leslie Drive, Innisfil, Ontario, L9S 1A7
4.7
Alcona Glen
Public1310 Innisfil Beach Road, Innisfil, Ontario, L9S 4B7
4.9
St Francis of Assisi
Public1067 Anna Maria Avenue, Innisfil, Ontario, L9S 1W2
5.9

Secondary Schools

Nantyr Shores
Public1146 Anna Maria Avenue, Innisfil, Ontario, L9S 4X5
4.9

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.