648 10th Line, Innisfil, ON
Rural Innisfil, Innisfil · MLS® N13776990
About this home
In short
- Just steps from the beautiful shores of Lake Simcoe and Leonard Beach, this tastefully updated home offers the perfect blend of cottage charm, modern comfort, and...
- Extensive recent upgrades provide peace of mind, including a newly drilled well and pump system producing approximately 60 gallons per minute, a new sump pump...
- Offering approximately 1,615 square feet of finished living space, this versatile property is ideal as a year-round residence, seasonal retreat, or income-generating...
Just steps from the beautiful shores of Lake Simcoe and Leonard Beach, this tastefully updated home offers the perfect blend of cottage charm, modern comfort, and investment potential. The property boasts exceptional curb appeal with a manicured lawn, vibrant perennial gardens, two spacious decks, and a covered front porch ideal for relaxing or entertaining. Extensive recent upgrades provide peace of mind, including a newly drilled well and pump system producing approximately 60 gallons per minute, a new sump pump, upgraded electrical panel, modern glass railings, updated plumbing throughout, a gas BBQ hookup, a custom unfinished outdoor sauna, and two high-efficiency heating and cooling units with remote controls. Inside, large windows flood the home with natural light, creating a warm and inviting atmosphere that complements its cozy cottage-inspired design. Offering approximately 1,615 square feet of finished living space, this versatile property is ideal as a year-round residence, seasonal retreat, or income-generating investment with excellent potential for both short-term and long-term rental opportunities.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13776990
- Bedrooms
- 4
- Bathrooms
- 2 (1 half)
- Size
- 1500-2000 sq ft
- Lot
- 50 × 125 ft
- Cross streets
- 25th Side Rd/10th Line
- Parking
- 5 parking
- Driveway
- Available
- Basement
- Unfinished, Crawl Space
- Heating
- Baseboard
- A/C
- Wall Unit(s)
- Exterior
- Aluminum Siding
- Foundation
- Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $2,843 / 2025
- Days on market
- 8
- Listing brokerage
- GLOBAL BRICKS REALTY
Rooms
laminate · closet · window
laminate · closet · window
laminate · window · recessed lighting
laminate · gas fireplace · recessed lighting
laminate · walk-out
laminate · window · w/o to deck
laminate · closet · large window
laminate · recessed lighting · window
Listed at $599,000, which is about 16% below what comparable homes suggest.
The ask and what recent sales support disagree. When they differ this much, the asking price has been the closer guide about 87% of the time. Recent GTA homes first listed this far below their automated estimate sold at about 100% of the original ask, in a median 19 days (715 sales).
Total price vs nearby homes. Fair value about $716K, learned from recent GTA sales.
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 $342/sqft against an area asking average of $461/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 53 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $657K. Condition and finishes remain an in-person call.
Based on 53 comparable homes that sold in Rural Innisfil over the past year, from 233 closings there.
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 $716K, which is where my estimate comes from.
Per square foot, these ask about $510/sqft; this home lists at $342/sqft. Size is part of the price story, not just the sticker.
The 5 closest active listings nearby.
See all comparable homesNeighbourhood & location
Rural Innisfil, Innisfil, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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 $479,200 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,623
- Property tax
- $237
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $2,860
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $8,455
- Estimated closing costs
- $8,455
Plus your down payment of $119,800. 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
- $157,381
- Principal paid down
- $59,250
- Interest paid
- $98,132
- Balance remaining
- $419,950
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 40 whole-home leases in Rural Innisfil signed at a median of $3,239 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,868. 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 GLOBAL BRICKS REALTY. MLS®/PropTx.