674 CHESTNUT Street, Innisfil, ON
Rural Innisfil, Innisfil · MLS® N13582624
About this home
In short
- 2 Bedroom Bungalow on a 50' x 150' Foot Corner Lot, in a Prime Neighbourhood, Just Steps to Lake Simcoe and Leonard Beach.
- Minutes to Highways 400 and 11.
- Features hardwood floors throughout, a bright kitchen with a skylight and walk-out to a spacious deck with a gas BBQ hookup.
- Recent updates include windows (2020), heat pump (2022), owned hot water tank, new well water pump (2025), new fencing, and a restored shed.
2 Bedroom Bungalow on a 50' x 150' Foot Corner Lot, in a Prime Neighbourhood, Just Steps to Lake Simcoe and Leonard Beach. Perfect for first-time buyer, downsizer, investor, or anyone looking for the perfect cottage getaway. Nestled in the heart of Alcona, easy access to local amenities and Barrie's major shopping. Minutes to Highways 400 and 11. Features hardwood floors throughout, a bright kitchen with a skylight and walk-out to a spacious deck with a gas BBQ hookup. Recent updates include windows (2020), heat pump (2022), owned hot water tank, new well water pump (2025), new fencing, and a restored shed.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- N13582624
- Bedrooms
- 2
- Bathrooms
- 1
- Size
- 700-1100 sq ft
- Lot
- 50 × 150 ft
- Cross streets
- 25th Sideroad/Chestnut Street
- Parking
- 3 parking
- Driveway
- Private
- Basement
- Crawl Space
- Heating
- Heat Pump
- A/C
- None
- Exterior
- Aluminum Siding
- Foundation
- Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $2,562 / 2025
- Days on market
- 67
- Listing brokerage
- LACEBY REAL ESTATE LIMITED
Rooms
Heated Floor
Vaulted Ceiling(s)
Listed at $529,900. Going by how homes in Rural Innisfil have actually closed against their asking prices (about 96%, 65 local closings in 90 days), the likely sale price is near $507K, if it sells. A realistic range is $475K to $571K.
Independent value check: $483K. Without looking at the asking price, our model values the home itself about 9% below the ask (homes like it typically land between $453K and $507K).
Longer on the market than typical. 67 days on the market against about 36 for homes like it here, and asking 10% above where comparable closings put it.
Total price vs nearby homes. Likely closing about $507K, from 65 recent closings in this pocket.
The market behind the math:
About 0.7 months of inventory: 15 detached homes for sale in the area against 65 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $589/sqft against an area asking average of $499/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 65 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $378K. Condition and finishes remain an in-person call.
What the listing highlights2 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Hardwood floors: quality hardwood is durable and broadly desirable. 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 65 comparable homes that sold in Rural Innisfil over the past year, from 232 closings there.
For sale
For sale
For sale
For sale
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For sale
For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $593/sqft; this home lists at $589/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesNeighbourhood & location
Rural Innisfil, 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 4.34% via Ratehub.ca (as of September 25, 2026); conventional rates run a little higher.
Mortgage amount $423,920 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,344
- Property tax
- $214
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $2,557
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $7,073
- Estimated closing costs
- $7,073
Plus your down payment of $105,980. 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
- $140,636
- Principal paid down
- $51,795
- Interest paid
- $88,840
- Balance remaining
- $372,125
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 17 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of LACEBY REAL ESTATE LIMITED. MLS®/PropTx.