12 Victoria Street, Innisfil, ON

Cookstown, Innisfil · MLS® N13776396

$399,900
For Sale
Listed 8 days agoNo offer date stated
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About this home

In short

  • Vacant lot in the heart of Cookstown.
  • Build your own custom home or explore the potential to acquire the neighbouring property at 11 King Street and create one exceptional, oversized parcel in the centre...
  • Ideally located in the heart of bustling Cookstown, close to shops, restaurants, schools, parks and everyday amenities, with excellent commuting access to the GTA.

Vacant lot in the heart of Cookstown! An exciting opportunity with endless possibilities. Build your own custom home or explore the potential to acquire the neighbouring property at 11 King Street and create one exceptional, oversized parcel in the centre of town. With the potential for a new driveway from King Street, the combined property could offer opportunities to expand the existing home, create additional living space or explore the possibility of an additional dwelling - all subject to municipal approvals. Ideally located in the heart of bustling Cookstown, close to shops, restaurants, schools, parks and everyday amenities, with excellent commuting access to the GTA. A rare opportunity to create something truly unique in a well-established and highly sought-after community.

Key facts

Property type
Other, Other
MLS®
N13776396
Lot
205.4 × 102.71 ft
Cross streets
Queen St / King St S / Hamilton St
Property tax
$2,343 / 2026
Days on market
8
Listing brokerage
RE/MAX HALLMARK CHAY REALTY
Our TakeTeam Asgarian · Broker
No automatic estimate

This is a rare parcel: about 0.48 acres. Comparable-sales math works on size and bedrooms, and here the lot is what is being sold, so no automatic estimate is shown.

Considering this property? Request a written price read

Neighbourhood & location

Cookstown, 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.

Lefroy
$818K
Stroud
$827K
Alcona
$802K
Rural Innisfil
$906K

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
$1,823/mo
$79KIncome needed
5.0×Price ÷ income
$421Weekly cost
$4,474Land 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 $1,823Property tax $195Total carry $2,018

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%
$
%
4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,751per month

Mortgage amount $319,920 · 4.39% over 25 years

$79,980Down payment (20.0%)
$319,920Loan before insurance
$0CMHC premium
$1,946Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,751
Property tax
$195
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$1,946

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

One-time closing costs

Ontario land transfer tax
$4,474
Estimated closing costs
$4,474

Plus your down payment of $79,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$2,122/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

$205,428Total interest paid
$525,348Total of all payments
Principal $319,920 Interest $205,428
YearPrincipalInterestBalance
1$7,239$13,775$312,681
2$7,561$13,453$305,120
3$7,896$13,118$297,224
4$8,247$12,767$288,977
5$8,613$12,401$280,364
6$8,995$12,019$271,369
7$9,394$11,620$261,975
8$9,811$11,203$252,164
9$10,247$10,767$241,918
10$10,701$10,313$231,216
11$11,176$9,838$220,040
12$11,672$9,342$208,368
13$12,190$8,824$196,177
14$12,731$8,283$183,446
15$13,296$7,718$170,150
16$13,886$7,127$156,263
17$14,503$6,511$141,761
18$15,146$5,867$126,614
19$15,819$5,195$110,795
20$16,521$4,493$94,275
21$17,254$3,760$77,021
22$18,020$2,994$59,001
23$18,819$2,194$40,182
24$19,655$1,359$20,527
25$20,527$487$0

At the end of your 5-year term

Total paid over the term
$105,070
Principal paid down
$39,556
Interest paid
$65,514
Balance remaining
$280,364

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 7 whole-home leases in Cookstown$2,900/mo
$34,800Gross annual rent
6.8%Cap rate after taxes and upkeep
$2,668 to $3,400Typical rent range

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 7 whole-home leases in Cookstown signed at a median of $2,900 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,900. 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.

8.7%
Gross yield
− Property tax $2,343− Insurance $1,400− Vacancy & upkeep $3,828Net operating income $27,229

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX HALLMARK CHAY REALTY. MLS®/PropTx.

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