3183 Cove Avenue, Innisfil, ON

Rural Innisfil, Innisfil · MLS® N13731156

$929,850
For Sale
Listed 24 days agoNo offer date stated
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2+2Bedrooms
3Bathrooms
1Garage · 7 parking
1100-1500Sq ft

About this home

In short

  • Stunning custom raised bungalow on a treed 60 x 270 ft lot with no neighbours behind, just a short walk to the sandy shores of Lake Simcoe and an area beach.
  • 1,387 sq.ft. raised bungalow showcases a bright open concept great room overlooking the kitchen, creating an ideal flow for everyday living and entertaining.
  • The custom kitchen features quartz countertops, a large island, and a walk-in style pantry with a barn door, providing excellent storage and a stylish focal point.
  • White oak engineered hardwood flooring runs throughout both the main and lower levels, adding a warm, upscale feel.
  • Step outside to a private backyard retreat featuring a custom covered deck, perfect for year-round outdoor living, dining, and entertaining while enjoying the serene...

Stunning *custom raised bungalow* on a treed 60 x 270 ft lot with no neighbours behind, just a short walk to the sandy shores of Lake Simcoe and an area beach. Located in a sought-after Innisfil neighbourhood close to Friday Harbour and only minutes to shopping, restaurants, and amenities in Barrie, 3183 Cove Avenue offers the perfect blend of privacy, style, and lake-side lifestyle. This approx. 1,387 sq.ft. raised bungalow showcases a bright open concept great room overlooking the kitchen, creating an ideal flow for everyday living and entertaining. The custom kitchen features quartz countertops, a large island, and a walk-in style pantry with a barn door, providing excellent storage and a stylish focal point. White oak engineered hardwood flooring runs throughout both the main and lower levels, adding a warm, upscale feel. The home is designed with 2 bedrooms on the main level and 2 additional bedrooms on the lower level, along with 3 bathrooms to comfortably accommodate family and guests. A large family room in the basement is anchored by a cozy gas fireplace, making it a perfect space for movie nights or relaxation. The finished custom laundry room with quartz counter offers a practical and attractive work area for household tasks. Step outside to a private backyard retreat featuring a *custom covered deck*, perfect for year-round outdoor living, dining, and entertaining while enjoying the serene treed setting with no rear neighbours. The deep lot provides excellent privacy and room to garden, play, or expand your outdoor living space. Flexible closing is available, and there is still time to choose some finishes, allowing the buyer to add personal touches and make this beautiful home truly their own. This home is full of Energy Efficient features including an ICF Foundation, Low E Argon Windows by Pollard and a Hi Efficiency Gas Furnace. Photos have been virtually staged as home is in the process of being built.

Key facts

Property type
Detached, Bungalow-Raised
MLS®
N13731156
Bedrooms
2+2 (4 total)
Bathrooms
3
Size
1100-1500 sq ft
Lot
59.76 × 227.12 ft
Cross streets
Cove/Mapleview
Parking
1 garage · 7 parking (attached)
Driveway
Private Double
Basement
Finished, Full
Heating
Forced Air
A/C
None
Exterior
Stone, Vinyl Siding
Foundation
Insulated Concrete Form
Roof
Asphalt Shingle
Sewer
Septic
Property tax
$1,476 / 2026
Days on market
24
Listing brokerage
CENTURY 21 B.J. ROTH REALTY LTD.

Rooms

Bedroom 4Lower2.68 × 3.62 m
Great RoomMain4.57 × 4.56 m
Bedroom 3Lower3.96 × 2.62 m
Primary BedroomMain4.51 × 3.62 m

3 Pc Ensuite

RecreationLower7.62 × 10.05 m
Bedroom 2Main3.62 × 3.38 m
KitchenMain3.56 × 3.65 m
Our TakeTeam Asgarian · Broker
A discount is typical here
$890Klikely sale price

Listed at $929,850. 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 $890K, if it sells. A realistic range is $834K to $1.00M.

Independent value check: $825K. Without looking at the asking price, our model values the home itself about 11% below the ask (homes like it typically land between $773K and $864K).

List price
$834KBelow recent closings$1.00MAbove recent closings

Total price vs nearby homes. Likely closing about $890K, 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
24days on market so far
$2,973/moest. rent · 29 leases
3.8%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.3 months of inventory: 7 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 $715/sqft against an area asking average of $646/sqft.

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 $557K. Condition and finishes remain an in-person call.

What the listing highlights4 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle

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 $825K, which is where my estimate comes from.

Per square foot, these ask about $644/sqft; this home lists at $715/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
930kThis home900k860k1.15M899k580kThis 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
$4,238/mo
$167KIncome needed
5.6×Price ÷ income
$978Weekly cost
$15,072Land 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.

97%mortgage
Mortgage $4,238Property tax $123Total carry $4,361

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)
$4,113per month

Mortgage amount $743,880 · 4.49% over 25 years

$185,970Down payment (20.0%)
$743,880Loan before insurance
$0CMHC premium
$4,236Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,113
Property tax
$123
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,236

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

One-time closing costs

Ontario land transfer tax
$15,072
Estimated closing costs
$15,072

Plus your down payment of $185,970. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,978/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

$490,032Total interest paid
$1,233,912Total of all payments
Principal $743,880 Interest $490,032
YearPrincipalInterestBalance
1$16,600$32,756$727,280
2$17,354$32,003$709,926
3$18,142$31,215$691,784
4$18,966$30,391$672,818
5$19,827$29,530$652,992
6$20,727$28,630$632,265
7$21,668$27,688$610,597
8$22,652$26,705$587,945
9$23,680$25,676$564,264
10$24,755$24,601$539,509
11$25,879$23,477$513,630
12$27,055$22,302$486,575
13$28,283$21,074$458,292
14$29,567$19,789$428,725
15$30,910$18,447$397,815
16$32,313$17,044$365,503
17$33,780$15,576$331,722
18$35,314$14,043$296,409
19$36,917$12,439$259,491
20$38,593$10,763$220,898
21$40,346$9,011$180,552
22$42,178$7,179$138,375
23$44,093$5,264$94,282
24$46,095$3,262$48,187
25$48,187$1,169$0

At the end of your 5-year term

Total paid over the term
$246,782
Principal paid down
$90,888
Interest paid
$155,894
Balance remaining
$652,992

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$2,973/mo
$35,676Gross annual rent
3.1%Cap rate after taxes and upkeep
$2,486 to $3,122Typical 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 $2,973. 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.

3.8%
Gross yield
− Property tax $1,476− Insurance $1,400− Vacancy & upkeep $3,924Net operating income $28,876

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 B.J. ROTH REALTY LTD.. MLS®/PropTx.

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