$549,900

For sale

1447 Rankin Way, Innisfil (Alcona) - Single Family for Sale

1447 Rankin Way, Innisfil (Alcona), Ontario, L9S0C5

2 beds1 bath2 parking900 ft²20 × 113 ft (2,237 sq ft) lot sizeListed 55 days ago

Overview

This 2-bedroom, 1-bathroom home in Innisfil is for sale offering roughly 900 sq ft of space. Listed at $549,900, it is attractively priced about 36% below the $858,888 median asking price in Innisfil. It has been on the market 55 days, fresher than the Innisfil average of 59 days.

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Description

Welcome to this bright, well-maintained freehold townhome, located in a fantastic family-friendly neighbourhood! This home offers 2 spacious bedrooms and a functional open-concept layout perfect for everyday living. The kitchen with new quartz countertops, overlooks the sun-filled living room with a new oversized sliding glass door, which brings in an abundance of natural light and provides seamless access to the backyard. This premium lot features a spacious deck and fully fenced yard with no rear neighbours, creating a private outdoor retreat ideal for entertaining, relaxing, or summer BBQs. Ideally situated just minutes from shopping, restaurants, schools, parks, and beautiful Lake Simcoe - perfect for enjoying summer beach days and waterfront activities. Don't miss your chance to own this fantastic starter home in a prime location! Flexible closing available. (id:66096)

Property Details

MLS®: N13765738
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 2
Interior Size: 900 ft²
Lot Size: 20 × 113 ft (2,237 sq ft)
Frontage: 20 ft
Storeys: 2
Basement: Unfinished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Ownership: Freehold
Property Tax: $3,212/yr
Listed: 55 days ago

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Foundation: Concrete
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

55d

Innisfil (Alcona) listings, avg age

59d

Price / ft²

$611

List price

$550K

Haho

This 2-bed single family in Innisfil (Alcona) has been listed for 55 days, which is 4 days fresher than the city average of 59. Act while there is still low competition.

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Listed by ROYAL LEPAGE FIRST CONTACT REALTY · MATTHEW JOHNSTON

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L9S)

This home lists at $549,900, about 5.5× the local median household income of $100,000.

Carrying it typically needs a household income of about $107,415 (20% down, 25-yr amortization, stress-tested) — roughly 7% above the area median.

Median household income: $100,000
Population: 33,434
Median age: 42
Owner / renter: 86% / 14%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA L9S)

$549,900· $611/ft²

For sale

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Full Cost Breakdown

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Down Payment5.45% · $29,990.00

Min 5.45%50%

Mortgage payment$2,882/mo

↳ CMHC premium ($20,796 capitalized)

Property tax (est.)$268/mo

Total monthly$3,150

Cash Needed to Close

Down payment (5.45%)$29,990

Land transfer tax$7,473

Est. closing costs$4,150

Total cash needed$41,613

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