2063 Lea Road, Innisfil, ON
Alcona, Innisfil · MLS® N13646052
About this home
In short
- Welcome to this warm and luminous bungalow, perfectly situated on an expansive lot in a quiet, family-friendly cul-de-sac in desirable Alcona.
- Featuring beautifully landscaped grounds and an oversized driveway with parking for up to 8 vehicles.
- Commuters will love the easy access to Hwy 400 and the Barrie South GO Station.
- Recent updates include All new windows (2026) and a new hot water tank (2026).
Welcome to this warm and luminous bungalow, perfectly situated on an expansive lot in a quiet, family-friendly cul-de-sac in desirable Alcona. Featuring beautifully landscaped grounds and an oversized driveway with parking for up to 8 vehicles. The spacious backyard provides the ultimate setting for outdoor entertaining and relaxing sumer evenings. Ideally located just minutes from top schools, parks, local dining, shopping, the library, and Innisfil Beach. Commuters will love the easy access to Hwy 400 and the Barrie South GO Station. Recent updates include All new windows (2026) and a new hot water tank (2026). Just minutes from parks, library, restaurants, grocery stores, schools, Innisfil Beach.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- N13646052
- Bedrooms
- 3
- Bathrooms
- 1
- Size
- 700-1100 sq ft
- Lot
- 75 × 208.96 ft
- Cross streets
- Innisfil Beach Rd. & Thompson St.
- Parking
- 3 garage · 11 parking (detached)
- Driveway
- Private
- Basement
- None
- Heating
- Forced Air
- A/C
- None
- Exterior
- Aluminum Siding, Wood
- Foundation
- Other
- Roof
- Shingles
- Sewer
- Septic
- Property tax
- $3,161 / 2025
- Days on market
- 45
- Listing brokerage
- SOTHEBY'S INTERNATIONAL REALTY CANADA
Rooms
window · 2 way fireplace · modern kitchen
combined w/living · laminate · window
window · laminate · closet
window · laminate · closet
saloon doors · laminate · closet
combined w/dining · laminate · window
Listed at $848,000. Recent sales of homes like it put this home around $627K, so the ask is about 35% above them. A gap this wide is more often a limit of an automated comparison than a fact about the home, so treat the figure as a starting point, not a verdict.
Total price vs nearby homes. Fair value about $627K, learned from recent GTA sales.
The market behind the math:
About 0.3 months of inventory: 5 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 $942/sqft against an area asking average of $988/sqft. Size and $/sqft both feed the estimate above.
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 69 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $564K. 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.
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($942/sqft) is in line with the area, so you are paying for extra space rather than a premium.
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 69 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 $807/sqft; this home lists at $942/sqft. Size is part of the price story, not just the sticker.
The 4 closest 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 $678,400 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,713
- Property tax
- $263
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $3,977
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $13,435
- Estimated closing costs
- $13,435
Plus your down payment of $169,600. 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
- $222,803
- Principal paid down
- $83,879
- Interest paid
- $138,924
- Balance remaining
- $594,521
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 27 whole-home leases in Alcona signed at a median of $2,500 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,428. 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 SOTHEBY'S INTERNATIONAL REALTY CANADA. MLS®/PropTx.