1513 Rankin Way, Innisfil, ON

$639,900
MLS#:N9016809
2 beds
1 baths
2.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey att/row/townhouse located in the coveted neighborhood of Alcona. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $639,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 1 Bathroom
  • Premium 19.69 x 109.91 ft lot size
  • Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 1513 Rankin Way! This impeccably renovated residence promises a bright and airy retreat, where every corner exudes warmth and modern elegance. The heart of the home, the beautifully updated kitchen, overlooks the sun-filled living area, featuring an expansive sliding door leading to the backyard oasis, ideal for hosting gatherings with loved ones. Unwind in the luxurious primary bedroom, complete with a convenient semi-ensuite, simplifying your morning routine. Natural light floods the second bedroom through its grand windows, creating a serene atmosphere. The unfinished basement offers endless possibilities. Explore the vibrant community, with Lake Simcoe just moments away and the allure of Friday Harbour nearby. Take advantage of top-rated schools, various dining options, fitness centres, and picturesque parks, all within easy reach! Don't miss out on this amazing opportunity schedule your exclusive tour today!

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Property Summary

This townhouse located at 1513 Rankin Way, Innisfil is currently for sale and has been available on SousaSells for 742 days. This property is listed at $639,900 with an estimated mortgage of $2,130* per month. It has 2 beds, 1 bathroom, and is unknown square feet. 1513 Rankin Way, Innisfil is in the Alcona neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 31, 2024
Sold price information is available to members only
Listed Date7/4/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeAtt/Row/Townhouse
Architectural Style2-Storey
ConstructionBrick
BasementFull, Unfinished
Lot Size19.69 × 109.91 Feet
CountySimcoe
Annual Tax$2,836.32
Legal DescriptionPT BLK 213 PL 51M892 BEING PT 4 PL 51R36348, S/T EASEMENT FOR ENTRY UNTIL 2014/04/24 AS IN SC730608; INNISFIL

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Beach, Fenced Yard, Golf, Library, Park, School

Interior Features

Other

Security Features

Community Features

Location

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1513 Rankin Way, Innisfil, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 1513 Rankin Way, Innisfil, ON L9S 0C6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Innisfil.

Configure Loan Settings

Interest Rate4.00%
Down Payment$191,970 (30.0%)
* Minimum Canadian down payment required for this price is $38,990.
Amortization Period30 Years
Estimated Monthly Payment$2,130Based on a loan of $447,930 over 30 years.
Purchase Price$639,900
Loan Amount$447,930
Provincial Land Transfer Tax:$9,273
Total Estimated Closing Taxes:$9,273

About Purchasing a Home in Innisfil, ON

For a property listed at $639,900 in Innisfil, the legal minimum down payment is $38,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $9,273 for this transaction. As this listing is in Innisfil (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $9,273.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Alcona, Innisfil.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$979,545

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

St Francis of Assisi
Public1067 Anna Maria Avenue, Innisfil, Ontario, L9S 1W2
5.9
Alcona Glen
Public1310 Innisfil Beach Road, Innisfil, Ontario, L9S 4B7
4.9
Holy Cross
Public910 Leslie Drive, Innisfil, Ontario, L9S 1A7
4.7
Lake Simcoe
Public1701 Webster Boulevard, Innisfil, Ontario, L9S 2A6
4.2
Goodfellow
Public827 9th Line, Innisfil, Ontario, L9S 1A6
5.1

Secondary Schools

Nantyr Shores
Public1146 Anna Maria Avenue, Innisfil, Ontario, L9S 4X5
4.9

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.