1066 Wood Street, Innisfil, ON

Rural Innisfil, Innisfil · MLS® N13825648

$424,999
For Sale
Just listed todayNo offer date stated
2Bedrooms
1Bathrooms
5Parking
700Sq ft

About this home

Top 5 Reasons You Will Love This Home: 1) Rarely does the opportunity arise to own an affordable detached home with a large private yard, making 1066 Wood Street an exceptional option for first-time buyers with its fully detached two bedroom bungalow set on a generous 37'x132' lot, offering the pride of home-ownership, the freedom of owning your own land, no monthly maintenance fees, no condo board restrictions, and plenty of space to enjoy and grow into 2) Completely move-in ready, this home allows you to skip the stress and expense of major renovations thanks to an updated white kitchen, a beautifully renovated 4-piece bathroom with heated floors, durable newer flooring, a cozy gas fireplace, and important infrastructure updates, including a new pressure tank, bedroom windows, and front door that provide added confidence and peace of mind 3) More than just a home, this property presents an incredible lifestyle with access to a private residents-only beach through the Bayview Beach Residents Association for a nominal annual fee, placing you just steps from Lake Simcoe where swimming, paddleboarding, boating, local marinas, and waterfront dining can become part of your everyday routine 4) Perfectly positioned for commuters, this home allows you to enjoy a relaxed lakeside setting without sacrificing convenience, located just a short drive from the Barrie South GO station and the future Innisfil GO station, making travel into downtown Toronto simple, efficient, and stress-free 5) Thoughtfully designed for everyday comfort and enjoyment, the home features a bright southeast-facing sunroom filled with natural light, a spacious backyard deck ideal for summer entertaining, and a practical mudroom with direct backyard access that creates the perfect space for organizing boots, jackets, and outdoor gear while keeping the rest of the home tidy and welcoming. 664 fin.sq.ft.

Key facts

Property type
Detached, 1 Storey/Apt
MLS®
N13825648
Bedrooms
2
Bathrooms
1
Size
700 sq ft
Lot
37 × 132.5 ft
Cross streets
Dempsey St/Wood St
Parking
5 parking
Driveway
Available
Basement
None
Heating
Baseboard
A/C
Other
Exterior
Vinyl Siding
Foundation
Block
Roof
Asphalt Shingle
Sewer
Septic
Property tax
$2,712 / 2025
Listing brokerage
FARIS TEAM REAL ESTATE BROKERAGE

Rooms

Mud RoomMain3.68 × 2.05 m

vinyl floor · closet · w/o to yard

KitchenMain3.37 × 3.20 m

vinyl floor · stainless steel appl · ceiling fan(s)

Primary BedroomMain3.42 × 2.69 m

vinyl floor · closet · ceiling fan(s)

Living RoomMain3.74 × 3.20 m

vinyl floor · gas fireplace · window

BedroomMain2.88 × 1.91 m

vinyl floor · closet · ceiling fan(s)

SunroomMain2.12 × 1.70 m

vinyl floor · breakfast bar · window

Our TakeTeam Asgarian · Broker
A discount is typical here
$407Klikely sale price

Listed at $424,999. Going by how homes in Rural Innisfil have actually closed against their asking prices (about 96%, 64 local closings in 90 days), the likely sale price is near $407K, if it sells. A realistic range is $381K to $458K.

Independent value check: $510K. Without looking at the asking price, our model values the home itself about 20% above the ask (homes like it typically land between $478K and $534K).

List price
$381KBelow recent closings$458KAbove recent closings

Total price vs nearby homes. Likely closing about $407K, from 64 recent closings in this pocket.

The market behind the math:

64sold nearby · 90 days
$778Kmedian sold price
95%of asking, on average
~26 dayshomes like this take to sell
$2,087/moest. rent · 9 leases
5.9%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.2 months of inventory: 47 detached homes for sale in the area against 64 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 $607/sqft against an area asking average of $568/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 64 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $429K. Condition and finishes remain an in-person call.

What the listing highlights3 points 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
  • Heated floors: comfort and a premium-finish signal. Lifestyle
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. 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 ($607/sqft) is above the area, which usually points to a smaller or more efficient layout.

There were not many closely comparable homes right in Rural Innisfil, so I widened the search to the surrounding area.

Based on 64 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
$445kavg 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 $510K, which is where my estimate comes from.

Per square foot, these ask about $494/sqft; this home lists at $607/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
425kThis home450k395k499k350k530kThis 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.

Gilford
$1.20M
Lefroy
$1000K
Alcona
$848K
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
$1,937/mo
$85KIncome needed
5.0×Price ÷ income
$447Weekly cost
$4,975Land 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 $1,937Property tax $226Total carry $2,163

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)
$1,880per month

Mortgage amount $339,999 · 4.49% over 25 years

$85,000Down payment (20.0%)
$339,999Loan before insurance
$0CMHC premium
$2,106Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,880
Property tax
$226
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$2,106

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

One-time closing costs

Ontario land transfer tax
$4,975
Estimated closing costs
$4,975

Plus your down payment of $85,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,275/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

$223,975Total interest paid
$563,974Total of all payments
Principal $339,999 Interest $223,975
YearPrincipalInterestBalance
1$7,587$14,972$332,412
2$7,932$14,627$324,480
3$8,292$14,267$316,188
4$8,668$13,891$307,520
5$9,062$13,497$298,458
6$9,473$13,085$288,984
7$9,904$12,655$279,080
8$10,353$12,206$268,727
9$10,823$11,736$257,904
10$11,315$11,244$246,589
11$11,829$10,730$234,760
12$12,366$10,193$222,395
13$12,927$9,632$209,468
14$13,514$9,045$195,954
15$14,128$8,431$181,826
16$14,769$7,790$167,057
17$15,440$7,119$151,618
18$16,141$6,418$135,477
19$16,873$5,686$118,604
20$17,640$4,919$100,964
21$18,440$4,118$82,524
22$19,278$3,281$63,246
23$20,153$2,406$43,093
24$21,068$1,491$22,025
25$22,025$534$0

At the end of your 5-year term

Total paid over the term
$112,795
Principal paid down
$41,542
Interest paid
$71,253
Balance remaining
$298,458

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 9 whole-home leases in Rural Innisfil$2,087/mo
$25,044Gross annual rent
4.3%Cap rate after taxes and upkeep
$1,920 to $2,332Typical 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 9 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 $2,087. 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.

5.9%
Gross yield
− Property tax $2,712− Insurance $1,400− Vacancy & upkeep $2,755Net operating income $18,177

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of FARIS TEAM REAL ESTATE BROKERAGE. MLS®/PropTx.

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