228 Bayshore Road, Innisfil, ON
Rural Innisfil, Innisfil · MLS® N13683534
About this home
Top 5 Reasons You Will Love This Home: 1) Experience the best of lakeside living with Cook's Bay directly across the street, offering convenient waterfront and park access, along with beautiful views from your front porch as the bay opens into the waters of Lake Simcoe 2) Expansive, beautifully maintained backyard featuring two versatile detached buildings, including a garden house with a gas fireplace, air conditioning, recessed lighting, and a newer skylight, ideal for a home office, gym, entertaining space, studio, or potential garage conversion, while the second heated detached garage provides the perfect setup for a workshop or additional hobby space 3) Thoughtfully renovated main level completed in 2024, showcasing a stylish kitchen with quartz countertops and a centre island, stainless-steel appliances, crown moulding, recessed lights, a reverse osmosis system, and remote-controlled blinds on the sliding glass-door 4) Designed for exceptional indoor-outdoor living with a spacious front deck overlooking the lake, a large driveway with plenty of room for cars, boats, and an RV, plus a backyard retreat complete with an awning, hot tub, and peaceful pond 5) Ideally located less than five minutes from Cooks Bay Marina and under 15 minutes from Highway 400, Tanger Outlet Mall, shopping, dining, and everyday amenities, offering the best of waterfront lifestyle with commuter convenience. 1,574 fin.sq.ft. *Please note some images have been virtually staged to show the potential of the home.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13683534
- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 1500-2000 sq ft
- Lot
- 65.9 × 250 ft
- Cross streets
- Dempsey St/Bayshore Rd
- Parking
- 6 parking
- Driveway
- Private
- Basement
- Unfinished, Crawl Space
- Heating
- Forced Air
- A/C
- Central Air, Wall Unit(s)
- Exterior
- Board & Batten
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Septic
- Property tax
- $4,500 / 2026
- Days on market
- 34
- Listing brokerage
- FARIS TEAM REAL ESTATE BROKERAGE
Rooms
b/i shelves · closet · window
laminate · closet · window
laminate · closet · window
hardwood floor · gas fireplace · crown moulding
laminate · closet · window
eat-in kitchen · hardwood floor · w/o to deck
Listed at $850,000 with no offer date. Homes here have been closing close to ask, so my read is $809K, typically $789K to $830K. Comparable closings on their own put this home around $869K, which supports the ask, so this is a firm read.
Total price vs nearby homes. Likely closing about $809K, from 64 recent closings in this pocket.
The market behind the math:
About 0.5 months of inventory: 11 detached homes for sale in the area against 64 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $486/sqft against an area asking average of $600/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 64 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $602K. Condition and finishes remain an in-person call.
What the listing highlights1 point 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
Based on 64 comparable homes that sold in Rural Innisfil over the past year, from 233 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 $479/sqft; this home lists at $486/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesNeighbourhood & location
Rural Innisfil, Innisfil, ON
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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 $680,000 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,722
- Property tax
- $375
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,097
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $13,475
- Estimated closing costs
- $13,475
Plus your down payment of $170,000. 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
- $223,329
- Principal paid down
- $84,077
- Interest paid
- $139,252
- Balance remaining
- $595,923
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 33 whole-home leases in Rural Innisfil signed at a median of $2,989 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,863. 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 FARIS TEAM REAL ESTATE BROKERAGE. MLS®/PropTx.