The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
412 Limerick Crescent, Innisfil - Finish It Your Way, Just Steps from Cook's BayAn exceptional opportunity to create your dream home near the water at a fraction of the cost. Located at the end of a quiet dead-end street in the highly desirable community of Gilford, this 3-bedroom, 2-bathroom home sits on an impressive 50 x 150 ft double lot, just steps from Cook's Bay and Gilford Beach.This is not a tear-down-it's a well-advanced renovation with over $200,000 already invested in quality materials and professional workmanship. The costly structural and mechanical upgrades have been completed, allowing you to focus on the finishing touches and customize the home to your own style.Completed improvements include an owned heat pump system for efficient heating and cooling, a brand-new 200-amp electrical service with complete interior wiring, reinforced floors and joists, soaring cathedral ceilings, plumbing installation, spray foam insulation, pot light and ceiling fan rough-ins, three new exterior doors, a new sliding patio door, and a beautiful cedar wrap-around deck. Drywall is already on site and ready for installation.Adding even more value, a deeded right-of-way directly across the street provides pedestrian access to Cook's Bay-a rare and highly desirable feature in this neighbourhood. The property also offers parking for four vehicles and a partially fenced yard.Please note there is currently no running water on site, and the electrical panel requires its final connection. The home is an active construction site; appropriate footwear is required for all showings. Property is being sold as-is, where-is. Primary photo has been digitally enhanced.
Property Details
Listing
MLS® number
N13545162
Status
For Sale
Listed
Jul 7, 2026
Last updated
Jul 9, 2026
Possession
Immediate
Building
Type
Detached
Style
2-Storey
Approx. age
Not provided by brokerage
Approx. size
1,500–2,000 ft²
Basement
Crawl Space
Lot
Frontage
50.02 ft
Depth
149.95 ft
Lot area
≈ 7,500 ft² (calculated)
View
South
Community
Churchill
Parking & utilities
Garage
None, 0 spaces
Driveway
Available, Front Yard Parking, Lane, Tandem, 4 spaces
Demographic data is not available for this area yet.
Population—
Median household income—
Median age—
Age Groups
Age group data is not available.
Owners vs Renters
Ownership data is not available.
Household Type
Household data is not available.
What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
Nearby everyday places are not available for this listing.
Always confirm school catchments with the local school board.
Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$2,992/mo
Mortgage (principal + interest)$2,693
Property taxFrom listing: $3,582/yr$299
Minimum $47,000 down for this price; the slider moves in whole percent, starting at 7%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$144,000
Ontario land transfer taxProvincial brackets, no first-time refund$10,875
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$157,675
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Innisfil has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
