3206 Cove Ave

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3206 Cove Ave, Innisfil
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3 + 1
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
7
ROOMS
N11924845
MLSID
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Property Description
Welcome home to this charming raised bungalow with an in-law suite in a desirable beach community in Innisfil. Situated just a short walk away from the picturesque shores of Lake Simcoe and a quick bike ride from Friday Harbour Resort offering golfing, shopping and delicious restaurants on the boardwalk. This property boasts endless potential for families, investors, flippers, HGTV enthusiasts, or first-time home buyers looking to generate additional income and the opportunity to put in some sweat equity. The main floor features a spacious main living area with bright natural light, dining room, a functional eat-in kitchen, 4 pc bath & three comfortable sized bedrooms. The basement in-law suite features a common area entrance, kitchen, living space, bedroom and 3 pcs bathroom. Shared laundry. Plus a spacious storage room. This home is perfect for extended family members, guests, or rental income. The large fenced backyard offers endless opportunities. You will find a shed and small fish pond. Take advantage of the nearby beach, local attractions, and convenient amenities that Innisfil has to offer. Don't miss out on this fantastic opportunity to own a property with income potential in a sought-after location. No rental equipment. Roof re-shingled 8 yrs ago. 1,844 sqft finished.
Extras
Drilled well 35' deep. Submersible pump 6 years ago. Water Treatment system: PENTAIR XTR2 Iron / Sulphur Filter, PENTAIR XTR2. Water Softener and 5 stage Reverse Osmosis Drinking Water System.
Nearby Intersections
Property Details
Street
Property Type
Detached, Bungalow-Raised
Approximate Sq.Ft.
1100-1500
Lot Size
60' x 214'
Acreage
< .50
Fronting
West
Taxes
$3,650 (2024)
Basement
Apartment, Finished
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Well
Parking Spaces
4
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain23.16' x 12.66'
DiningMain8.92' x 10.50'
KitchenMain15.26' x 10.17'
BathroomMain7.68' x 10.17', 4 Pc Bath
BrMain9.91' x 9.51'
2nd BrMain13.09' x 10.17'
3rd BrMain9.74' x 12.66'
FoyerMain15.09' x 6.66'
RecBsmt22.57' x 12.34'
KitchenBsmt8.60' x 12.01'
4th BrBsmt9.91' x 11.68'
OtherBsmt14.07' x 11.42'
Innisfil Market Statistics
Innisfil Price Trend
3206 Cove Ave is a 3-bedroom 2-bathroom home listed for sale at $730,000, which is $95,260 (11.5%) lower than the average sold price of $825,260 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 3 bedroom home in Innisfil increased by $16,060 (2.0%) compared to the previous 30 day period (November 19 - December 18) and down $71,230 (7.9%) from the same time one year ago.
Inventory Change
There were 28 3-bedroom homes listed in Innisfil over the last 30 days (December 19 - January 17), which is down 30.0% compared with the previous 30 day period (November 19 - December 18) and up 12.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Innisfil typically sold ($25,060) (3.0%) below asking price over the last 30 days (December 19 - January 17), which represents a $3,831 increase compared to the previous 30 day period (November 19 - December 18) and ($24,389) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Innisfil over the last 30 days (December 19 - January 17) stood at 82.1%, up from 62.5% over the previous 30 days (November 19 - December 18) and up from 40.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Innisfil stood at 36 days when successfully sold over the last 30 days (December 19 - January 17), compared to 66 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage First Contact Realty
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