3967 Algonquin Avenue, Innisfil, ON

Rural Innisfil, Innisfil · MLS® N13567942

$599,000
For Sale
Listed 72 days agoNo offer date statedSitting longer than typical
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2Bedrooms
1Bathrooms
2Parking
700-1100Sq ft

About this home

In short

  • Fabulous Renovated Lake Simcoe Retreat On A Desirable Corner Lot In The Sought After Big Bay Community.
  • (Slightly Irreg) Corner Lot Surrounded By Mature Trees, This Peaceful Property Is Minutes To Friday Harbour Resort, Big Bay Golf & Country Club, Marina, Trails...
  • Beautifully & Thoughtfully Renovated In 2026, Just Under 1000 Sq Ft, This Home Is Move-In Ready & Never Lived In Since Completion.
  • Waterproof & Scratch-Resistant Laminate Flooring, Feature Walls, Fresh Paint Throughout, Updated Kitchen Fixtures, Solid Doors & Hardware, New Front Entry With...
  • The Bright Interior Features Vaulted Ceilings, 2 Operational Skylights, An Open Concept Living Area, Charming Pine Kitchen & A Sun-Filled Layout.

Fabulous Renovated Lake Simcoe Retreat On A Desirable Corner Lot In The Sought After Big Bay Community! Enjoy The Best Of Lakeside Living With The Beach & Small Boat Launch Just Steps Away, Perfect For Kayaks, Canoes & Small Watercraft. Situated On A Generous 64 X 150 Ft. (Slightly Irreg) Corner Lot Surrounded By Mature Trees, This Peaceful Property Is Minutes To Friday Harbour Resort, Big Bay Golf & Country Club, Marina, Trails, Restaurants & Year Round Amenities. Beautifully & Thoughtfully Renovated In 2026, Just Under 1000 Sq Ft, This Home Is Move-In Ready & Never Lived In Since Completion. Updates Incl. Waterproof & Scratch-Resistant Laminate Flooring, Feature Walls, Fresh Paint Throughout, Updated Kitchen Fixtures, Solid Doors & Hardware, New Front Entry With Keypad, Updated Landscaping, New Windows (Front Window 2016), Shingles (2025), Forced Air Furnace (2019), Ductless Split Air Conditioning (2018), Drilled Well (2016), Well Pump & Pressure Tank (2023), & A New Waterloo Biofilter Septic System ($50,000 Value - 2025). Designed With A Shallow Buried Trench System, The Septic Allows For A Flat, Usable Yard Without A Raised Septic Mound. The Bright Interior Features Vaulted Ceilings, 2 Operational Skylights, An Open Concept Living Area, Charming Pine Kitchen & A Sun-Filled Layout. The Mud Room Offers Main Flr Laundry & Pantry. The Primary Bedroom Features A Double Closet & Pot Lights, While The New Front Bedroom (Pls Note: No Closet) With A Stylish Barn Door. The Additional Flexible Room Is Ideal As A Home Office, Guest Space Or Den. Outside, Enjoy True Cedar Board & Batten Siding W/ Insulation, Recently Painted (2025) To Enhance Character & Efficiency, An Insulated 42" Crawl Space, Updated Mechanicals, & A 12' X 16' Storage Shed With Hydro, Ideal For A Workshop Or Additional Storage. The Adjacent Fully Severed Building Lot 3963 Algonquin Ave Is Also Available On MLS, Offering Added Privacy, Extended Family Use Or The Opportunity To Expand Your Lakeside Retreat

Key facts

Property type
Detached, Bungalow
MLS®
N13567942
Bedrooms
2
Bathrooms
1
Size
700-1100 sq ft
Lot
64.17 × 150.09 ft
Cross streets
YONGE ST./BIG BAY POINT RD.
Parking
2 parking
Driveway
Private Double
Basement
Crawl Space
Heating
Forced Air
A/C
Wall Unit(s)
Exterior
Cedar, Board & Batten
Foundation
Concrete Block
Roof
Shingles
Sewer
Septic
Property tax
$3,093 / 2025
Days on market
72
Listing brokerage
ROYAL LEPAGE RCR REALTY

Rooms

Living RoomMain6.61 × 4.46 m

laminate · combined w/dining · large window

Dining RoomMain0.00 × 0.00 m

laminate · combined w/living · open concept

KitchenMain4.46 × 2.53 m

laminate · backsplash · eat-in kitchen

Mud RoomMain2.93 × 1.89 m

ceramic floor · w/o to deck · pantry

Primary BedroomMain4.27 × 2.91 m

laminate · double closet · skylight

DenMain2.54 × 1.92 m

laminate · window

Bedroom 2Main3.01 × 2.30 m

laminate · window

BreakfastMain0.00 × 0.00 m

laminate · wainscoting · large window

Our TakeTeam Asgarian · Broker
A discount is typical here
$573Klikely sale price

Listed at $599,000. Going by how homes in Rural Innisfil have actually closed against their asking prices (about 96%, 64 local closings in 90 days), the likely sale price is near $573K, if it sells. A realistic range is $537K to $646K.

Independent value check: $576K. Without looking at the asking price, our model values the home itself about 4% below the ask (homes like it typically land between $540K and $604K).

Longer on the market than typical. 72 days on the market against about 37 for homes like it here, and asking 4% above where comparable closings put it.

List price
$537KBelow recent closings$646KAbove recent closings

Total price vs nearby homes. Likely closing about $573K, from 64 recent closings in this pocket.

The market behind the math:

64sold nearby · 90 days
$778Kmedian sold price
95%of asking, on average
~26 dayshomes like this take to sell
72days on market so far
$2,246/moest. rent · 21 leases
4.5%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.7 months of inventory: 15 detached homes for sale in the area against 64 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $666/sqft against an area asking average of $494/sqft.

  • Corner lot. Two street frontages: more to landscape, shovel and mow, and more exposure to traffic, wind and headlights at night. Buyers price that against an interior lot on the same street, so I read this one on the cautious side and confirm the setting in person.
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 64 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $461K. Condition and finishes remain an in-person call.

What the listing highlights5 points 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
  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Corner lot: more light and frontage, sometimes at the cost of privacy. Weigh carefully
Read this with carewhy it’s an estimate, not an appraisal

The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.

Based on 64 comparable homes that sold in Rural Innisfil over the past year, from 231 closings there.

Neighbourhood & location

Rural Innisfil, 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.

Alcona
$848K
Stroud
$901K
Lefroy
$1000K
Gilford
$1.20M
Cookstown
$1.17M

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
$2,730/mo
$116KIncome needed
5.2×Price ÷ income
$630Weekly cost
$8,455Land 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.

91%mortgage
Mortgage $2,730Property tax $258Total carry $2,988

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of September 25, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,650per month

Mortgage amount $479,200 · 4.49% over 25 years

$119,800Down payment (20.0%)
$479,200Loan before insurance
$0CMHC premium
$2,907Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,650
Property tax
$258
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$2,907

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

One-time closing costs

Ontario land transfer tax
$8,455
Estimated closing costs
$8,455

Plus your down payment of $119,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,207/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

$315,674Total interest paid
$794,874Total of all payments
Principal $479,200 Interest $315,674
YearPrincipalInterestBalance
1$10,694$21,101$468,506
2$11,179$20,616$457,327
3$11,687$20,108$445,640
4$12,217$19,577$433,423
5$12,772$19,023$420,651
6$13,352$18,443$407,299
7$13,958$17,837$393,340
8$14,592$17,203$378,748
9$15,255$16,540$363,494
10$15,947$15,848$347,546
11$16,671$15,124$330,875
12$17,428$14,367$313,447
13$18,220$13,575$295,227
14$19,047$12,748$276,180
15$19,912$11,883$256,269
16$20,816$10,979$235,453
17$21,761$10,034$213,692
18$22,749$9,046$190,943
19$23,782$8,013$167,162
20$24,861$6,933$142,300
21$25,990$5,805$116,310
22$27,170$4,625$89,140
23$28,404$3,391$60,736
24$29,694$2,101$31,042
25$31,042$753$0

At the end of your 5-year term

Total paid over the term
$158,975
Principal paid down
$58,549
Interest paid
$100,425
Balance remaining
$420,651

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 21 whole-home leases in Rural Innisfil$2,246/mo
$26,952Gross annual rent
3.3%Cap rate after taxes and upkeep
$1,753 to $2,445Typical rent range
~21 daysTo find a tenant, on average

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 21 whole-home leases in Rural Innisfil signed at a median of $2,517 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,246. 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.

4.5%
Gross yield
− Property tax $3,093− Insurance $1,400− Vacancy & upkeep $2,965Net operating income $19,494

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

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