1027 Ewart Street, Innisfil, ON
Rural Innisfil, Innisfil · MLS® N13793708
About this home
In short
- Well maintained 2 storey century home with plenty of space, character and a unique two unit setup.
- The main home offers generous living space, while the second unit is a legal apartment above the detached 3 car garage with its own parking and in-suite laundry.
- With two separate driveways, parking for up to 13 vehicles and the opportunity to generate rental income to help offset monthly mortgage costs, this property offers...
Well maintained 2 storey century home with plenty of space, character and a unique two unit setup. The main home offers generous living space, while the second unit is a legal apartment above the detached 3 car garage with its own parking and in-suite laundry. With two separate driveways, parking for up to 13 vehicles and the opportunity to generate rental income to help offset monthly mortgage costs, this property offers plenty of flexibility. Located in a quiet Innisfil community just a short walk from parks, marinas and the shores of Lake Simcoe, and only minutes from shops, restaurants and everyday amenities.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13793708
- Bedrooms
- 4
- Bathrooms
- 3 (1 half)
- Size
- 1500-2000 sq ft
- Lot
- 82 × 165 ft
- Cross streets
- Ewart St & Arnold St
- Parking
- 3 garage · 13 parking (detached)
- Basement
- Crawl Space
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster)
- Foundation
- Unknown
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $4,794 / 2025
- Days on market
- 4
- Listing brokerage
- TONY K REAL ESTATE
Rooms
Listed at $1,099,900. Recent sales of homes like it put this one around $857K, so the ask is about 28% above what similar homes have sold for.
If it sells at this ask, expect about $1.05M, typically $1.02M to $1.07M: that is where homes here have closed against their asks in the last 90 days (64 closings).
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 above their automated estimate sold at about 95% of the original ask, in a median 36 days, 26% of them after a price reduction (750 sales).
Total price vs nearby homes. Fair value about $857K, learned from recent GTA sales.
The market behind the math:
About 0.6 months of inventory: 12 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 $629/sqft against an area asking average of $430/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 65 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $661K. 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.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
Based on 65 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 $857K, which is where my estimate comes from.
Per square foot, these ask about $453/sqft; this home lists at $629/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 $879,920 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,816
- Property tax
- $400
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,216
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $18,473
- Estimated closing costs
- $18,473
Plus your down payment of $219,980. 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
- $288,987
- Principal paid down
- $108,796
- Interest paid
- $180,192
- Balance remaining
- $771,124
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 29 whole-home leases in Rural Innisfil signed at a median of $3,089 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,134. 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 TONY K REAL ESTATE. MLS®/PropTx.