1858 Emerald Court, Innisfil, ON
Alcona, Innisfil · MLS® N13627658
About this home
In short
- Welcome to 1858 Emerald Court - a beautifully updated family home tucked away on a quiet, child-safe court with only local traffic, all within walking distance to...
- Situated on a premium pie-shaped lot backing onto picturesque green space, this property offers exceptional privacy and over 80 feet of width across the rear of the lot.
- Designed for both comfort and functionality, the main floor features a rare primary bedroom complete with are novated ensuite (2019), perfect for convenient...
- The bright open-concept layout showcases hardwood flooring, large windows with California shutters, and an effortless flow to the elevated deck overlooking the...
- The professionally renovated walk-out basement (2023) expands the living space beautifully with a wet bar, large recreation area, fifth bedroom, and a three-piece...
Welcome to 1858 Emerald Court - a beautifully updated family home tucked away on a quiet, child-safe court with only local traffic, all within walking distance to schools and parks. Situated on a premium pie-shaped lot backing onto picturesque green space, this property offers exceptional privacy and over 80 feet of width across the rear of the lot. Designed for both comfort and functionality, the main floor features a rare primary bedroom complete with are novated ensuite (2019), perfect for convenient main-floor living. The bright open-concept layout showcases hardwood flooring, large windows with California shutters, and an effortless flow to the elevated deck overlooking the greenspace - the ideal spot for morning coffee or evening entertaining. A separate family room provides a cozy space to unwind. Upstairs, you'll find three spacious bedrooms with updated laminate flooring and a 4pc bathroom offering plenty of room for a growing family. The professionally renovated walk-out basement (2023) expands the living space beautifully with a wet bar, large recreation area, fifth bedroom, and a three-piece bathroom - ideal for guests, teens, or multi-generational living. Additional updates include wrought iron staircase railings (2016), shingles (2016), patio doors (2019),and air conditioning (2016).There is also a BBQ Gas line hook-up and a Rough-in for Central Vac. A rare combination of location, lot size, updates, and quiet living - this is a home that truly stands out.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13627658
- Bedrooms
- 4
- Bathrooms
- 4 (1 half)
- Size
- 2000-2500 sq ft
- Lot
- 31.47 × 109.9 ft
- Cross streets
- 7th Line & Webster
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Private
- Basement
- Finished with Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $6,396 / 2026
- Days on market
- 51
- Listing brokerage
- CENTURY 21 HERITAGE GROUP LTD.
Rooms
broadloom · walk-out
hardwood floor · window · 3 pc ensuite
laminate · window · closet
laminate · window · closet
hardwood floor · window · open concept
laminate · window · closet
broadloom · closet
hardwood floor · window · open concept
hardwood floor · window · open concept
Listed at $849,000, which is about 22% below what comparable homes suggest.
The ask and what recent sales support disagree. When they differ this much, the asking price has been the closer guide about 87% of the time. Recent GTA homes first listed this far below their automated estimate sold at about 100% of the original ask, in a median 19 days (715 sales).
Total price vs nearby homes. Fair value about $1.09M, learned from recent GTA sales.
The market behind the math:
About 2 months of inventory: 36 detached homes for sale in the area against 53 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $377/sqft against an area asking average of $447/sqft. Size and $/sqft both feed the estimate above.
- Park / green-space backing. The listing says this home backs onto or abuts a park or green space. That privacy is priced into the comparison. What is actually behind the fence, and how the lot sits against it, is my in-person call.
- Walk-out basement. Extra light, usable space, and income potential, so the estimate is a conservative floor for it.
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 139 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $929K. 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.
- Walk-out basement: natural light and strong in-law or income potential. Income potential
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
- Primary suite: a key comfort and resale feature. Lifestyle
- Open-concept layout: modern, sought-after flow. Lifestyle
Based on 139 comparable homes that sold in Alcona over the past two years, from 450 closings there.
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 $398/sqft; this home lists at $377/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 7 active listings nearby.
See all comparable homesNeighbourhood & location
Alcona, 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 $679,200 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,718
- Property tax
- $533
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,251
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $13,455
- Estimated closing costs
- $13,455
Plus your down payment of $169,800. 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
- $223,066
- Principal paid down
- $83,978
- Interest paid
- $139,088
- Balance remaining
- $595,222
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
The suite is real income here: basements rent in Alcona (22 of 182 recent detached leases were basement units, around $1,695 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,695 a month on top of the upper floors. Permitted use is worth confirming with the city.
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 51 whole-home leases in Alcona signed at a median of $2,999 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,151. 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 CENTURY 21 HERITAGE GROUP LTD.. MLS®/PropTx.