23 Queen Street, Innisfil, ON
Cookstown, Innisfil · MLS® N13444662
About this home
In short
- Welcome to a highly versatile mixed-use property ideally situated in the heart of Cookstown.
- The upper level offers a fully renovated two-bedroom residential unit with modern finishes, vinyl flooring throughout, and generous natural light from oversized windows.
Welcome to a highly versatile mixed-use property ideally situated in the heart of Cookstown. This well-designed building seamlessly combines commercial and residential components, offering flexibility for a wide range of users and investment strategies.The main level features a functional and adaptable commercial space suitable for professional offices, retail, boutique, or service-oriented businesses, benefiting from strong street exposure and easy accessibility. The upper level offers a fully renovated two-bedroom residential unit with modern finishes, vinyl flooring throughout, and generous natural light from oversized windows.A heated garage further enhances the property's versatility, providing the option for secure parking, additional storage, or potential conversion to supplementary living, office, or studio space, subject to use requirements.Ideal for investors seeking a turnkey mixed-use asset or owner-occupiers looking to integrate business and residential use, this property stands out as a compelling opportunity. Located in a high-traffic area with strong local demand and community presence, the building is move-in ready and positioned for long-term value and growth.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13444662
- Bedrooms
- 2
- Bathrooms
- 2 (1 half)
- Size
- 1100-1500 sq ft
- Lot
- 36 × 57 ft
- Cross streets
- Hwy 27 and Hwy 89
- Parking
- 1 garage · 3 parking (built-in)
- Driveway
- Private
- Basement
- None
- Heating
- Heat Pump
- A/C
- Other
- Exterior
- Vinyl Siding
- Foundation
- Unknown
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $4,222 / 2025
- Days on market
- 97
- Listing brokerage
- LACEBY REAL ESTATE LIMITED
Rooms
combined w/kitchen · large window · vinyl floor
vinyl floor · large window · access to garage
vinyl floor · large window · closet
open concept · large window · combined w/kitchen
stainless steel appl · quartz counter · centre island
vinyl floor · large window · closet
vinyl floor · large window
vinyl floor · access to garage
Listed at $779,000, which is right in line with comparable homes.
Total price vs nearby homes. Fair value about $766K, learned from recent GTA sales.
The market behind the math:
Price per square foot: this home lists at $599/sqft against an area asking average of $526/sqft. Size and $/sqft both feed the estimate above.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.
It never sees the asking price. The 5 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $458K. Condition and finishes remain an in-person call.
What the listing highlights1 point to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in Cookstown, so I widened the search to the surrounding area.
Based on 5 comparable homes that sold in Cookstown over the past two years, from 32 closings there.
Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $766K, which is where my estimate comes from.
Per square foot, these ask about $583/sqft; this home lists at $599/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesNeighbourhood & location
Cookstown, Innisfil, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Innisfil.
Get the full neighbourhood report (schools, parks, transit & safety) →
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.
Mortgage amount $623,200 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,411
- Property tax
- $352
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $3,763
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $12,055
- Estimated closing costs
- $12,055
Plus your down payment of $155,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $204,674
- Principal paid down
- $77,054
- Interest paid
- $127,620
- Balance remaining
- $546,146
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 5 whole-home leases in Cookstown signed at a median of $3,000 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $1,909. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of LACEBY REAL ESTATE LIMITED. MLS®/PropTx.