$1,479,000
For sale: Detached

LUXURIOUS BUNGALOW ON 1.6 ACRES | APPROX. 4,500 SQ. FT. | TURNKEY, APPROVED GROUP HOME BUSINESS OPPORTUNITY. Rare opportunity to own a luxurious bungalow on a sprawling 1.6-acre property, offering approximately 4,500 sq. ft. of living space and an exceptional combination of upscale living and business potential.The home features expansive living, dining, and family rooms, a chef-inspired custom gourmet kitchen with high-end appliances, pot lights, and hardwood flooring throughout. Enjoy a spacious games room, bright sunroom, and private office with a separate entrance. Oversized windows fill the home with abundant natural light throughout the day.Additional highlights include a second primary bedroom with its own full ensuite, ideal for guests, extended family, or multigenerational living. The expansive walkout basement with a separate entrance offers exceptional flexibility and additional usable space. TURNKEY GROUP HOME - APPROVED AND READY FOR OPERATIONS! An outstanding opportunity for investors, healthcare operators, and entrepreneurs seeking to establish or operate a group home or senior care residence. The property has completed the required fire and building inspections, and a Notice of Completion has been issued by the Town of Innisfil. Significant preparation has already been completed, offering a valuable opportunity for buyers looking to enter the group home and senior care sector.The generous 1.6-acre lot offers additional possibilities for future expansion or storage, subject to applicable permits and approvals. Buyers may also explore the potential for a zoning by-law amendment for commercial use, subject to municipal approval.Recent upgrades include a new furnace and heat pump. Conveniently located minutes from Highway 400 and Tanger Outlets, with access to major transportation routes and the proposed Highway 413 corridor.
Sold data
Homes in Rural Innisfil took a median of 36 days to sell over the last 90 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 74, across 67 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 110 days.
The median sale price was $519,000.
Homes sold for about 4.3% below asking on average, so there was room to negotiate.
About 6% of sales closed above the list price.
Around 24% of sellers reduced their price before finding a buyer.
Based on 67 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Innisfil has 6 Fraser Institute–rated schools (5 elementary and 1 secondary), averaging 5.0/10.
School ratings from the Fraser Institute's Ontario school report cards.
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