1556 Houston Avenue, Innisfil, ON

Rural Innisfil, Innisfil · MLS® N13743614

$572,999
For Sale
Listed 21 days agoNo offer date stated
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2Bedrooms
1Bathrooms
6Parking
700-1100Sq ft

About this home

In short

  • There's something special about life near the water-and 1556 Houston Avenue captures it beautifully.
  • Located directly across from Lake Simcoe and backing onto a golf course, this beautifully renovated bungalow offers the waterfront lifestyle you've been looking for...
  • Inside, the home is bright, stylish and welcoming, featuring 2 bedrooms, 1 bathroom and a thoughtfully updated interior with a functional layout that makes the most...
  • Significant improvements include a NEW WELL AND SEPTIC SYSTEM completed in 2026, providing added value and peace of mind for the next owner.
  • A beautifully renovated home in between.

There's something special about life near the water-and 1556 Houston Avenue captures it beautifully. Located directly across from Lake Simcoe and backing onto a golf course, this beautifully renovated bungalow offers the waterfront lifestyle you've been looking for, without the waterfront price tag. Inside, the home is bright, stylish and welcoming, featuring 2 bedrooms, 1 bathroom and a thoughtfully updated interior with a functional layout that makes the most of every space. Whether enjoying a quiet evening at home or entertaining family and friends, the home feels comfortable, fresh and move-in ready. What truly sets this property apart is the setting, enjoy Lake Simcoe just across the road while the golf course provides an open, scenic backdrop behind you-a unique combination that brings together lakeside living and peaceful green surroundings. Significant improvements include a NEW WELL AND SEPTIC SYSTEM completed in 2026, providing added value and peace of mind for the next owner. Perfect as a year-round residence, weekend escape, first home or downsizing opportunity. Enjoy morning walks by the lake, summer days on the water and evenings overlooking the greens, all while remaining close to Innisfil's everyday amenities. Lake Simcoe in front. Golf course behind. A beautifully renovated home in between. Welcome to 1556 Houston Avenue.

Key facts

Property type
Detached, Bungalow
MLS®
N13743614
Bedrooms
2
Bathrooms
1
Size
700-1100 sq ft
Lot
50 × 150 ft
Cross streets
6th Line/Houston Ave
Parking
6 parking
Driveway
Private Double
Basement
Crawl Space, Unfinished
Heating
Forced Air
A/C
Wall Unit(s)
Exterior
Vinyl Siding
Foundation
Concrete Block
Roof
Shingles
Sewer
Septic
Property tax
$4,188 / 2026
Days on market
21
Listing brokerage
SUTTON GROUP INCENTIVE REALTY INC.

Rooms

KitchenMain3.84 × 3.46 m

quartz counter · pot lights · centre island

SittingMain2.99 × 2.26 m

pot lights · window · laminate

Bedroom 2Main3.59 × 2.84 m

laminate · ceiling fan(s)

Dining RoomMain6.85 × 3.46 m

laminate · open concept · pot lights

Primary BedroomMain4.50 × 2.84 m

laminate · ceiling fan(s)

Our TakeTeam Asgarian · Broker
A discount is typical here
$548Klikely sale price

Listed at $572,999. 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 $548K, if it sells. A realistic range is $514K to $618K.

Independent value check: $698K. Without looking at the asking price, our model values the home itself about 22% above the ask (homes like it typically land between $654K and $731K).

List price
$514KBelow recent closings$618KAbove recent closings

Total price vs nearby homes. Likely closing about $548K, 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
21days on market so far
$2,246/moest. rent · 17 leases
4.7%gross yield on the ask
Seller's market
Buyer's marketSeller's market

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.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $637/sqft against an area asking average of $496/sqft.

  • Park / green-space backing. The listing says this home backs onto or abuts a park or green space. That privacy is priced into the comparison. What is actually behind the fence, and how the lot sits against it, is my 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 $518K. 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
Read this with carewhy it’s an estimate, not an appraisal

Below comparable homes on total price, yet the price per square foot ($637/sqft) is above the area, which usually points to a smaller or more efficient layout.

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.

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
Lefroy
$1000K
Gilford
$1.20M
Stroud
$901K
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
$2,612/mo
$115KIncome needed
5.0×Price ÷ income
$603Weekly cost
$7,935Land 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.

88%mortgage
Mortgage $2,612Property tax $349Total carry $2,961

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)
$2,535per month

Mortgage amount $458,399 · 4.49% over 25 years

$114,600Down payment (20.0%)
$458,399Loan before insurance
$0CMHC premium
$2,884Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,535
Property tax
$349
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$2,884

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

One-time closing costs

Ontario land transfer tax
$7,935
Estimated closing costs
$7,935

Plus your down payment of $114,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,068/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

$301,971Total interest paid
$760,370Total of all payments
Principal $458,399 Interest $301,971
YearPrincipalInterestBalance
1$10,230$20,185$448,170
2$10,694$19,721$437,476
3$11,180$19,235$426,296
4$11,687$18,728$414,609
5$12,218$18,197$402,391
6$12,773$17,642$389,619
7$13,352$17,062$376,266
8$13,959$16,456$362,308
9$14,592$15,822$347,715
10$15,255$15,160$332,460
11$15,948$14,467$316,513
12$16,672$13,743$299,841
13$17,429$12,986$282,412
14$18,220$12,195$264,192
15$19,047$11,368$245,145
16$19,912$10,503$225,233
17$20,816$9,599$204,416
18$21,761$8,653$182,655
19$22,749$7,665$159,906
20$23,782$6,632$136,123
21$24,862$5,553$111,261
22$25,991$4,424$85,270
23$27,171$3,244$58,099
24$28,405$2,010$29,694
25$29,694$720$0

At the end of your 5-year term

Total paid over the term
$152,074
Principal paid down
$56,008
Interest paid
$96,066
Balance remaining
$402,391

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.

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 17 whole-home leases in Rural Innisfil$2,246/mo
$26,952Gross annual rent
3.2%Cap rate after taxes and upkeep
$1,753 to $2,530Typical 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 17 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.

4.7%
Gross yield
− Property tax $4,188− Insurance $1,400− Vacancy & upkeep $2,965Net operating income $18,399

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SUTTON GROUP INCENTIVE REALTY INC.. MLS®/PropTx.

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