16 Briarwood Place, Innisfil, ON

Cookstown, Innisfil · MLS® N13533156

$409,000
For Sale
Listed 75 days agoNo offer date statedSitting longer than typical
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◎ Directions
3Bedrooms
2Bathrooms
2Parking
700-1100Sq ft

About this home

In short

  • Welcome to Royal Oak Estates.
  • This Senior (Age 55+) Land Lease Community is in the heart ofCookstown.
  • This Bayberry modular home is A277 Canadian Standard Built by Kent Homes.
  • Thepark is a year round park and the monthly fees are as follow: Park lease $765.00/month, IncludesGarbage Removal & Snow Plowing the main road.
  • Primary Bedroom has large walk-in closet and ensuite and There is a 2ndbedroom and a den/office.

Welcome to Royal Oak Estates. This Senior (Age 55+) Land Lease Community is in the heart ofCookstown.Just a short walk from the SHops and Restaurants, The Community Centre & Curling Club. Located on aQuiet Cul-De-Sac. This Bayberry modular home is A277 Canadian Standard Built by Kent Homes. Thepark is a year round park and the monthly fees are as follow: Park lease $765.00/month, IncludesGarbage Removal & Snow Plowing the main road. Land lease. Bright & spacious layout with combinedKitchen/Dining/Living room. Primary Bedroom has large walk-in closet and ensuite and There is a 2ndbedroom and a den/office. Must be conditional Upon Park Approval. Police Check & Credit CheckRequired. 55+ to Apply.

Key facts

Property type
Other, Bungalow
MLS®
N13533156
Bedrooms
3
Bathrooms
2
Size
700-1100 sq ft
Cross streets
Victoria, Royal Oak, Briarwood
Parking
2 parking
Driveway
Front Yard Parking
Basement
None
Heating
Heat Pump
A/C
Wall Unit(s)
Exterior
Vinyl Siding
Foundation
Not Applicable
Roof
Not Applicable
Sewer
Sewer
Days on market
75
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

LaundryGround1.58 × 2.13 m

Laminate

BathroomGround4.72 × 2.01 m

5 pc ensuite · window · soaking tub

Bedroom 2Ground2.74 × 4.02 m

large window · closet · laminate

Living RoomGround4.88 × 4.02 m

combined w/kitchen · large window · laminate

Primary BedroomGround3.96 × 4.02 m

4 pc ensuite · walk-in closet(s) · laminate

KitchenGround4.33 × 4.02 m

combined w/dining · window · laminate

Dining RoomGround2.74 × 4.02 m

combined w/kitchen · window · laminate

DenGround2.65 × 4.02 m

window · closet · laminate

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read
What sellers nearby are askingCurrently listed nearby in Cookstown · asking prices
$364kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $404/sqft; this home lists at $454/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
409kThis home200k275k750k230kThis home vs active comparables

Neighbourhood & location

Cookstown, Innisfil, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Lefroy
$818K
Stroud
$827K
Alcona
$802K
Rural Innisfil
$906K

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

Affordability
$1,864/mo
$83KIncome needed
4.9×Price ÷ income
$430Weekly cost
$4,655Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

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.

88%mortgage
Mortgage $1,864Property tax $256Total carry $2,120

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

$
20.0%
$
%
4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,791per month

Mortgage amount $327,200 · 4.39% over 25 years

$81,800Down payment (20.0%)
$327,200Loan before insurance
$0CMHC premium
$2,047Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,791
Property tax
$256
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$2,047

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$4,655
Estimated closing costs
$4,655

Plus your down payment of $81,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$2,170/monthPayment at the qualifying rate

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

$210,103Total interest paid
$537,303Total of all payments
Principal $327,200 Interest $210,103
YearPrincipalInterestBalance
1$7,404$14,088$319,796
2$7,733$13,759$312,063
3$8,076$13,416$303,987
4$8,434$13,058$295,553
5$8,809$12,683$286,744
6$9,200$12,292$277,545
7$9,608$11,884$267,937
8$10,034$11,458$257,902
9$10,480$11,012$247,423
10$10,945$10,547$236,478
11$11,431$10,062$225,047
12$11,938$9,554$213,109
13$12,468$9,024$200,642
14$13,021$8,471$187,621
15$13,599$7,893$174,022
16$14,202$7,290$159,819
17$14,833$6,659$144,986
18$15,491$6,001$129,495
19$16,179$5,313$113,317
20$16,897$4,595$96,420
21$17,647$3,846$78,773
22$18,430$3,062$60,344
23$19,248$2,244$41,096
24$20,102$1,390$20,994
25$20,994$498$0

At the end of your 5-year term

Total paid over the term
$107,461
Principal paid down
$40,456
Interest paid
$67,005
Balance remaining
$286,744

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.

Let's connect

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

Rental yield
From 8 whole-home leases in Cookstown$1,868/mo
$22,416Gross annual rent
3.8%Cap rate after taxes and upkeep
$1,682 to $2,017Typical rent range

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 8 whole-home leases in Cookstown signed at a median of $2,900 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $1,868. 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.

5.5%
Gross yield
− Property tax $2,863− Insurance $1,400− Vacancy & upkeep $2,466Net operating income $15,687

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY. MLS®/PropTx.

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