12 Briarwood Place, Innisfil, ON

Cookstown, Innisfil · MLS® N13533472

$389,000
For Sale
Listed 75 days agoNo offer date statedSitting longer than typical
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◎ Directions
2Bedrooms
2Bathrooms
2Parking
1100-1500Sq ft

About this home

In short

  • Welcome to Royal Oak Estates.
  • This Senior (Age 55+) Land Lease Community is in the heart of Cookstown.
  • This modular home is A277 Canadian Standard Built by Fairmont Homes.
  • The park is a year round park and the monthly fees are as follow: Park lease $765.00/month, Includes Garbage Removal & Snow Plowing the main road.
  • Primary Bedroom has large walk-in closet and ensuite and 2nd bedroom is large with double closet.

Welcome to Royal Oak Estates. This Senior (Age 55+) Land Lease Community is in the heart of Cookstown.Just a short walk from the SHops and Restaurants, The Community Centre & Curling Club. Located on a Quiet Cul-De-Sac. This modular home is A277 Canadian Standard Built by Fairmont Homes. The park is a year round park and the monthly fees are as follow: Park lease $765.00/month, Includes Garbage Removal & Snow Plowing the main road. Land lease.Bright and spacious layout with combined Kitchen/Dining/Living room. Primary Bedroom has large walk-in closet and ensuite and 2nd bedroom is large with double closet. Side entrance through the Utility room where laundry and access to furnace/water heater and electrical is located. Must be conditional Upon Park Approval.

Key facts

Property type
Other, Bungalow
MLS®
N13533472
Bedrooms
2
Bathrooms
2
Size
1100-1500 sq ft
Cross streets
Victoria, Royal Oak Estates, Briarwood Place
Parking
2 parking
Driveway
Front Yard Parking
Basement
None
Heating
Forced Air
A/C
None
Exterior
Vinyl Siding
Foundation
Unknown
Roof
Asphalt Rolled
Sewer
Sewer
Days on market
75
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

Bedroom 2Ground3.75 × 3.23 m

double closet · window · vinyl floor

Utility RoomGround0.00 × 0.00 m

closet · combined w/laundry · side door

Living RoomGround6.13 × 3.84 m

large window · combined w/dining · combined w/kitchen

Primary BedroomGround5.09 × 3.93 m

ensuite bath · walk-in closet(s) · vinyl floor

Dining RoomGround3.47 × 3.96 m

large window · combined w/kitchen · combined w/living

KitchenGround2.71 × 3.93 m

combined w/living · combined w/dining · eat-in kitchen

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

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
$1,773/mo
$79KIncome needed
4.9×Price ÷ income
$409Weekly cost
$4,310Land 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 $1,773Property tax $243Total carry $2,016

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)
$1,703per month

Mortgage amount $311,200 · 4.39% over 25 years

$77,800Down payment (20.0%)
$311,200Loan before insurance
$0CMHC premium
$1,947Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,703
Property tax
$243
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$1,947

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

One-time closing costs

Ontario land transfer tax
$4,310
Estimated closing costs
$4,310

Plus your down payment of $77,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$2,064/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

$199,829Total interest paid
$511,029Total of all payments
Principal $311,200 Interest $199,829
YearPrincipalInterestBalance
1$7,042$13,399$304,158
2$7,355$13,087$296,803
3$7,681$12,760$289,122
4$8,022$12,419$281,100
5$8,378$12,063$272,722
6$8,750$11,691$263,973
7$9,138$11,303$254,835
8$9,544$10,897$245,291
9$9,967$10,474$235,324
10$10,410$10,032$224,914
11$10,872$9,570$214,042
12$11,354$9,087$202,688
13$11,858$8,583$190,830
14$12,384$8,057$178,446
15$12,934$7,507$165,512
16$13,508$6,933$152,004
17$14,107$6,334$137,897
18$14,734$5,708$123,163
19$15,387$5,054$107,776
20$16,070$4,371$91,705
21$16,784$3,657$74,921
22$17,529$2,913$57,393
23$18,306$2,135$39,086
24$19,119$1,322$19,967
25$19,967$474$0

At the end of your 5-year term

Total paid over the term
$102,206
Principal paid down
$38,478
Interest paid
$63,728
Balance remaining
$272,722

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$1,850/mo
$22,200Gross annual rent
4.0%Cap rate after taxes and upkeep
$1,702 to $2,012Typical 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 $1,850. 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.

5.7%
Gross yield
− Property tax $2,723− Insurance $1,400− Vacancy & upkeep $2,442Net operating income $15,635

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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