Raised bungalow with in-law suite potential on quiet Innisfil cul-de-sac

Property details for 3211 Cowan Avenue, Innisfil

Type: Residential
Style: Raised bungalow
Bedrooms: 5
Bathrooms: 2
Lot Size: 60.1 x 250.4 FT
Stories: 1
Basement: Finished, N/A
Parking: Attached Garage, Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Vinyl siding
Ownership: Freehold
Annual Taxes: $4,012

This raised bungalow on Cowan Avenue is all about flexibility. The main floor has 3 beds and a bright open layout with vinyl flooring throughout. Kitchen got a full reno with a big island. No carpet anywhere, which is a huge plus. But the real story is downstairs. Basement's finished with a second kitchen, family room, 2 more bedrooms, and a full bath with shower. That's basically a separate suite for in-laws or renters. The septic bed is at the front of the property, so the huge 250-foot deep backyard stays wide open. Big driveway fits 8 cars. Furnace and water heater are brand new, plus water softener and iron filter. All owned, no rentals. You're 5 minutes from Highway 400 and less than 10 from the GO station. Lake Simcoe beaches and Friday Harbour are just down the road. Taxes run about 4,012 a year. Priced at 799K, right in line with the one other listing nearby. This one works for a big family or anyone wanting mortgage help.

About 3211 Cowan Avenue, Innisfil — Property Score

Feature Rich Great Location Well Priced

Score: 68/100

Value

Priced 23.1% below area median of $1,039,000 based on 117 comparable properties nearby 100

Stable pricing - no price changes since original listing date 50

Size

5 bedrooms - 1 more than similarly priced 4-bedroom homes nearby 72

2 bathrooms - 1 fewer than similarly priced properties nearby 48

15,049 sqft lot - an oversized lot for the area 90

Location

$78K median household income - near the Canadian average of $70K 69

80% of residents hold postsecondary credentials - a highly educated neighbourhood 88

90% homeownership rate - indicating a stable, owner-occupied community 93

47% of residents commute under 30 minutes - good commuting convenience 68

782/km² population density - a low-density residential area 65

Market

Just listed - area average is 79 days on market 100

-4.3% median price change over 1 month - declining prices in the area 29

28.1 months of housing supply - 253 active listings with 9 sold last month (buyer's market) 40

Features

8-car garage - more than the area average of 6.8 spots 95

Finished, N/A basement - adds valuable living space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

No premium extras like pool, waterfront, or view 50

Investment

0.5% effective tax rate ($4,012/yr) - very low tax burden 85

10% renter population - primarily owner-occupied area 42

Quality

Condition

Listing

39 photos provided - 5% more than the area average of 37 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.