1052 Spruce Road, Innisfil, ON
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Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Rural Innisfil. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $368,888 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 100 x 136 ft lot size
Description
Prime Building Lot Steps To Belle Aire Beach ! Seller has paid for the building permit, which is included with the purchase price. Property is permit-ready to build. Development charges are applicable and, under the Town of Innisfil's current program, are payable prior to occupancy(by new owner), allowing construction to proceed with the approved permit in place. Conservation Authority approval already in place for a new two-storey 3,724 sq. ft. home, saving valuable time for your build. This leveled 100 ft x 136 ft lot offers endless potential - build one expansive dream home or explore the option to sever into two 50 ft frontage lots (buyer to verify with Town of Innisfil). Enjoy a peaceful, country-style setting close to schools, shops, and beaches. Perfect for custom home builders, investors, or families looking to create their ideal lakeside residence. Services: Municipal sewer & water at lot line, natural gas at road, , and recycled asphalt driveway. Don't miss this exceptional opportunity near Lake Simcoe!
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Beach, Marina, Lake/Pond
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1052 Spruce Road, Innisfil, ON L0L 1C0
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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 $368,888 in Innisfil, the legal minimum down payment is $18,444 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 $4,008 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 $4,008.
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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.
