3005 Mason Drive, Innisfil, ON

Rural Innisfil, Innisfil · MLS® N13698974

$1,150,000
For Sale
Listed 35 days agoNo offer date stated
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3Bedrooms
2Bathrooms
2Garage · 6 parking
1100-1500Sq ft

About this home

In short

  • Main floor has been completely renovated in 2024.
  • Master Bedroom features Oasis ensuite bathroom with large walk-in shower, glass doors & two shower heads.
  • Large 100'x150' fully fenced corner lot with 14'x28' saltwater pool.
  • 30'x60' heated & air conditioned with second driveway, 2 pc bathroom & laundry hook-up.
  • Large unfinished basement with rough-in bathroom.

Entertainers delight! Main floor has been completely renovated in 2024. Fresh new kitchen with white shaker cupboards, backsplash, Quartz countertops, new pendant lighting over bold dark blue island, complete with breakfast bar, new stainless steel appliances (gas stove). All new flooring. Master Bedroom features Oasis ensuite bathroom with large walk-in shower, glass doors & two shower heads. Walk-in Closet. Large 100'x150' fully fenced corner lot with 14'x28' saltwater pool. Irrigation system. A shop that dreams are made of. Built in 2018. 30'x60' heated & air conditioned with second driveway, 2 pc bathroom & laundry hook-up. Fantastic space for entertaining. Inside access to double garage. Large unfinished basement with rough-in bathroom. UV water treatment system, water softener & "iron slayer" (do your friends have an iron slayer? I doubt it). Who said you can't have it all?

Key facts

Property type
Detached, Bungalow-Raised
MLS®
N13698974
Bedrooms
3
Bathrooms
2
Size
1100-1500 sq ft
Lot
100 × 150 ft
Cross streets
Lockhart & 25th sdrd
Parking
2 garage · 6 parking (detached)
Basement
Full, Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Vinyl Siding
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground
Property tax
$6,705 / 2026
Days on market
35
Listing brokerage
RIGHT AT HOME REALTY

Rooms

Living RoomMain5.26 × 4.56 m
OtherBasement6.53 × 11.83 m
Bedroom 3Main3.37 × 2.86 m
KitchenMain3.06 × 5.42 m

breakfast bar · open concept

OtherBasement5.10 × 7.78 m
Bedroom 2Main3.07 × 4.82 m
Primary BedroomMain3.30 × 4.60 m
Dining RoomMain3.23 × 3.22 m
Our TakeTeam Asgarian · Broker
A discount is typical here
$1.10Mlikely sale price

Listed at $1,150,000. 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 $1.10M, if it sells. A realistic range is $1.03M to $1.24M.

Independent value check: $1.06M. Without looking at the asking price, our model values the home itself about 7% below the ask (homes like it typically land between $998K and $1.12M).

List price
$1.03MBelow recent closings$1.24MAbove recent closings

Total price vs nearby homes. Likely closing about $1.10M, from 65 recent closings in this pocket.

The market behind the math:

65sold nearby · 90 days
$775Kmedian sold price
95%of asking, on average
~26 dayshomes like this take to sell
35days on market so far
$2,873/moest. rent · 29 leases
3.0%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.4 months of inventory: 8 detached homes for sale in the area against 65 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $885/sqft against an area asking average of $625/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.
  • Inground pool. Priced into the comparison on the assumption it is clean and modern. A pool costs more to build than resale pays back, and condition is the in-person call.
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 $762K. 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.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully

Based on 65 comparable homes that sold in Rural Innisfil over the past year, from 233 closings there.

What sellers nearby are askingCurrently listed nearby in Rural Innisfil · asking prices
$878kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.06M, which is where my estimate comes from.

Per square foot, these ask about $675/sqft; this home lists at $885/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.15MThis home930k860k845kThis home vs active comparables

Neighbourhood & location

Rural Innisfil, Innisfil, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Alcona
$848K
Stroud
$901K
Lefroy
$1000K
Gilford
$1.20M
Cookstown
$1.17M

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

Affordability
$5,241/mo
$221KIncome needed
5.2×Price ÷ income
$1,210Weekly cost
$19,475Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

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.

90%mortgage
Mortgage $5,241Property tax $559Total carry $5,800

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

$
20.0%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of September 25, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,087per month

Mortgage amount $920,000 · 4.49% over 25 years

$230,000Down payment (20.0%)
$920,000Loan before insurance
$0CMHC premium
$5,646Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,087
Property tax
$559
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,646

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$19,475
Estimated closing costs
$19,475

Plus your down payment of $230,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,157/monthPayment at the qualifying rate

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

$606,051Total interest paid
$1,526,051Total of all payments
Principal $920,000 Interest $606,051
YearPrincipalInterestBalance
1$20,530$40,512$899,470
2$21,463$39,579$878,007
3$22,437$38,605$855,570
4$23,456$37,586$832,114
5$24,521$36,521$807,593
6$25,634$35,408$781,959
7$26,798$34,244$755,161
8$28,015$33,027$727,146
9$29,287$31,755$697,859
10$30,617$30,425$667,242
11$32,007$29,035$635,236
12$33,460$27,582$601,776
13$34,979$26,063$566,797
14$36,567$24,475$530,229
15$38,228$22,814$492,002
16$39,963$21,079$452,038
17$41,778$19,264$410,261
18$43,675$17,367$366,586
19$45,658$15,384$320,928
20$47,731$13,311$273,197
21$49,898$11,144$223,300
22$52,163$8,879$171,136
23$54,532$6,510$116,604
24$57,008$4,034$59,596
25$59,596$1,446$0

At the end of your 5-year term

Total paid over the term
$305,210
Principal paid down
$112,407
Interest paid
$192,803
Balance remaining
$807,593

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.

Let's connect

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

Rental yield
From 29 whole-home leases in Rural Innisfil$2,873/mo
$34,476Gross annual rent
2.0%Cap rate after taxes and upkeep
$2,386 to $3,020Typical rent range
~21 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 29 whole-home leases in Rural Innisfil signed at a median of $2,776 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,873. 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.

3.0%
Gross yield
− Property tax $6,705− Insurance $1,400− Vacancy & upkeep $3,792Net operating income $22,578

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RIGHT AT HOME REALTY. MLS®/PropTx.

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