1505 Rankin Way is a 3-bedroom, 2-bathroom townhouse in Innisfil, listed for $598,000. It has 1100-1500 sq ft of living space.
1Vacant and ready for new owner!
2Welcome to this beautiful brick end-unit freehold townhouse that feels like a semi-detached!
3Offering 3 bedrooms, 2.5 bathrooms, a finished basement, and a large private fenced backyard, this home is perfect for families and entertainers alike.
Vacant and ready for new owner! Welcome to this beautiful brick end-unit freehold townhouse that feels like a semi-detached! Offering 3 bedrooms, 2.5 bathrooms, a finished basement, and a large private fenced backyard, this home is perfect for families and entertainers alike. The bright interior includes stainless steel appliances, a generous primary bedroom with a semi-ensuite bath, a convenient main-floor powder room, and a finished basement complete with a newer 3-piece bathroom, providing additional living and functional space. Perfectly situated just minutes from the residents-only beach, recreation centre, and the vibrant Friday Harbour Resort, you'll enjoy year-round community events, festivals, farmers' markets, and a variety of recreational amenities. Adding to the area's appeal, the highly anticipated Innisfil GO Station and the planned second Royal Victoria Regional Health Centre campus are expected to further enhance connectivity, convenience, and future regional growth. Conveniently located close to Highway 400, schools, parks, shopping, and everyday amenities, this home offers the perfect balance of small-town charm and modern convenience. Whether you are a first-time home buyer, growing family, or investor, this is an exceptional opportunity to enjoy all that Innisfil has to offer. Don't miss this opportunity to make this home yours!
3 bedrooms, 2 bathrooms, about 1,100 sq ft, works out to roughly $544 per square foot. Chat with Zara if you'd like a deeper read on whether this townhouse fits your budget and timing.
Inside 1505 Rankin Way
Every detail from the listing, in one place.
Type
Townhouse
Style
2-Storey
Living space
1100-1500 sq ftas stated on the listing
Parking
3 spacesYes garage
Basement
Finished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
3
Interior
Basement
Finished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Att/Row/Townhouse
1505 Rankin Way Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,938
/mo
based on the purchase price of $598,000
$119,600 cash
$478,400 financed
$402,938 total interest
Principal54%$478,400
Interest46%$402,938
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Similar homes for sale nearby in Innisfil
Other 3-bed homes for sale in Innisfil around $598K.
Average days on market37Homes sold in about 37 days on average.
Sale-to-list ratio95.6%On average, homes sold below asking.
Active listings526Homes for sale here right now.
Median vs prior 90 days−6.7%Compared with Apr 29 – Jul 28, 2026: prices down.
Based on 254 sales from Jul 28 – Oct 26, 2026 (213 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 1505 Rankin Way
How much is 1505 Rankin Way listed for?
1505 Rankin Way is listed at $598,000 (MLS® N13571064). Summitly updates the price as soon as the MLS® record changes.
Is $598,000 a good price for 1505 Rankin Way?
Summitly rates it Fair Price: the asking price is Within 3% below to 5% above Zara's estimate, an estimate built from recent sales in Innisfil. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 1505 Rankin Way changed?
Yes — it was first listed at $648,800 and is now $598,000, a drop of $50,800 (7.8%).
How many bedrooms and bathrooms does 1505 Rankin Way have?
1505 Rankin Way has 3 bedrooms and 2 bathrooms, with about 1,100–1,500 square feet of living space. It is a townhouse in Innisfil.
How much would the monthly mortgage be on 1505 Rankin Way?
About $2,938 a month — principal and interest on $598,000 with 20% down ($119,600), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 1505 Rankin Way compare with other homes in Innisfil?
Its asking price of $598,000 is about 17% below the median sold price in Innisfil over the last 90 days, $718,500, across 254 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 1505 Rankin Way been sold before?
Summitly has no earlier MLS® sale or lease of 1505 Rankin Way on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1505 Rankin Way?
1505 Rankin Way is in Innisfil, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1505 Rankin Way been on the market?
104 days — 1505 Rankin Way was listed on July 14, 2026.
What is the price per square foot of 1505 Rankin Way?
About $399 to $544 per square foot: the asking price of $598,000 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 1505 Rankin Way have parking or a garage?
Yes — the listing gives 3 parking spaces. Garage: Yes.
Does 1505 Rankin Way have a basement, and is it finished?
