15 Cherrywood Lane, Innisfil, ON
Rural Innisfil, Innisfil · MLS® N13664274
About this home
In short
- Fully Renovated Low-Maintenance Bungalow With A Private Treed Yard & Stylish Interior.
- Your jaw might hit the floor the second you walk into this far-from-average Sandycove Acres bungalow at 15 Cherrywood Lane.
- Through the front door, the renovation hits immediately with light-coloured waterproof flooring, neutral finishes, updated drywall, fresh paint, pot lights, newer...
- Two bedrooms keep the layout manageable, with the primary featuring two double closets and the second bedroom offering its own double closet, while the beautifully...
- All of this is set within a vibrant 50+ adult lifestyle community near the shores of Lake Simcoe, where residents enjoy an on-site mall, three clubhouses, kitchen...
Fully Renovated Low-Maintenance Bungalow With A Private Treed Yard & Stylish Interior! Your jaw might hit the floor the second you walk into this far-from-average Sandycove Acres bungalow at 15 Cherrywood Lane. Soft sage green vinyl siding in a board-and-batten style, updated front railing, replaced front gutters, a repainted front deck, and a private driveway for three make this bungalow every bit as appealing outside as it is inside, while the treed backyard, deck, fire pit area, garden shed, and generous yard space add even more to enjoy. Through the front door, the renovation hits immediately with light-coloured waterproof flooring, neutral finishes, updated drywall, fresh paint, pot lights, newer windows, and newer doors, giving the home a very modern feel. A fluted wood-look accent wall brings extra personality to the living area, while the kitchen delivers with quartz countertops, a matching backsplash, stainless steel appliances, and a peninsula with seating. Two bedrooms keep the layout manageable, with the primary featuring two double closets and the second bedroom offering its own double closet, while the beautifully finished 3-piece bathroom stands out with a glass-walled shower, black fixtures, and hexagon tile detail. Forced air gas heating, complemented by a ductless mini-split air conditioner and heater, adds reliable year-round comfort. All of this is set within a vibrant 50+ adult lifestyle community near the shores of Lake Simcoe, where residents enjoy an on-site mall, three clubhouses, kitchen facilities, fitness facilities, games rooms, libraries, two heated outdoor pools, laundry facilities, dart boards, indoor and outdoor shuffleboard courts, indoor and outdoor pickleball, a wood workshop, walking trails, and a full calendar of recreation and social events.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- N13664274
- Bedrooms
- 2
- Bathrooms
- 1
- Size
- 700-1100 sq ft
- Lot
- < .50 ac
- Cross streets
- Cherrywood Ln/Main St
- Parking
- 3 parking
- Driveway
- Private
- Basement
- Crawl Space
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Vinyl Siding
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Pool
- Community
- Days on market
- 44
- Listing brokerage
- RE/MAX HALLMARK PEGGY HILL GROUP REALTY
Rooms
Pot Lights
pot lights · stainless steel appl
Listed at $395,000 with no offer date. Going by how homes here have actually closed against their asks, the likely sale price is $378K, typically $354K to $426K. Comparable closings on their own put this home around $438K, about 11% above the ask.
Total price vs nearby homes. Likely closing about $378K, 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 $439/sqft against an area asking average of $509/sqft.
How this estimate is builtthe short version
I take the 65 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my 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.
- 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
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
For sale
For sale
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 $528/sqft; this home lists at $439/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 $316,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $1,747
- Property tax
- $247
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $1,994
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $4,400
- Estimated closing costs
- $4,400
Plus your down payment of $79,000. 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
- $104,833
- Principal paid down
- $38,609
- Interest paid
- $66,224
- Balance remaining
- $277,391
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 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX HALLMARK PEGGY HILL GROUP REALTY. MLS®/PropTx.