$1,229,900
For sale: Detached

Luxury Living Meets Exceptional Income Potential in Innerkip! Stunning approximately 3,400 sq. ft. above-grade home featuring a fully legal 998 sq. ft. secondary dwelling, offering approximately 4,400 sq. ft. of total living space. Built in 2020 with approximately $90,000 in builder upgrades, this 5-bedroom, 3.5-bathroom home generates approximately $2,000/month in rental income from an AAA tenant. The main home features separate living and dining areas, a spacious family room with fireplace, upgraded kitchen, granite countertops, hardwood flooring, and automatic blinds. The self-contained legal basement apartment offers two bedrooms, a full kitchen, living area with fireplace, separate entrance, and private laundry. Premium features include a certified 48-amp EV charger, water softener, reverse osmosis system, and automatic garage door openers. Situated on a pie-shaped lot with approximately 70 ft. of backyard space, a custom 21 x 13 ft. concrete patio, and ample parking. Located on a quiet cul-de-sac, minutes from schools, hospital, places of worship, amenities, and Highways 401 & 403.Enjoy luxury living with approximately $24,000 in annual rental income! Basement certificate's available on request. Also an EV charger for 48 amp is there in the property
Sold data
Homes in Innerkip took a median of 32 days to sell over the last 730 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 62, across 32 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 63 days.
The median sale price was $814,150.
Homes sold for about 2.3% below asking on average, so there was room to negotiate.
About 12% of sales closed above the list price.
Around 19% of sellers reduced their price before finding a buyer.
Based on 32 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Currently for sale

$1,250,000
Detached443 HEARTHWOOD DRIVE, Kitchener

$1,155,000
Detached19 BRIARDALE ROAD, Fletcher's Meadow, Brampton

$1,124,999
Detached71 MAGDALENA STREET, Stoney Creek Mountain, Hamilton

$1,499,000
Detached413 PARENT PLACE, 1032 - FO Ford, Milton

$1,099,000
Detached159 MOFFATT AVENUE, Fletcher's West, Brampton

$1,300,000
Detached488 FATHER TOBIN ROAD, Sandringham-Wellington, Brampton

$1,399,999
Detached29 BELGIUM CRESCENT, Northwest Brampton, Brampton

$999,900
Detached565 BALSAM POPLAR STREET, Waterloo