438-415 Sea Ray Ave Avenue, Innisfil, ON
Rural Innisfil, Innisfil · MLS® N13099802
About this home
In short
- Rarely offered penthouse facing the forest! Experience elevated resort living at Friday Harbour Resort in this beautifully appointed 2-bedroom, 2-bathroom west-facing...
- Designed for both comfort and style, this open-concept layout is filled with natural light and seamlessly extends to a private outdoor space-perfect for enjoying...
- Whether you're looking for a full-time residence, weekend escape, or income-generating property, this west-facing unit delivers the perfect balance of relaxation and...
- Buyer to pay 2% plus HST FH association fee
**Rarely offered penthouse facing the forest!** Experience elevated resort living at Friday Harbour Resort in this beautifully appointed 2-bedroom, 2-bathroom west-facing suite. Designed for both comfort and style, this open-concept layout is filled with natural light and seamlessly extends to a private outdoor space-perfect for enjoying breathtaking sunset views. The modern kitchen features sleek finishes, ample cabinetry, and a functional layout ideal for entertaining or everyday living. The spacious primary suite offers a serene retreat with its own ensuite bath, while the second bedroom provides flexibility for guests, a home office, or additional living space. Step outside and immerse yourself in a true four-season lifestyle. From waterfront dining, boutique shopping, and the vibrant boardwalk to boating, golfing at The Nest, scenic walking trails, and the Beach Club-everything is at your doorstep. Located just minutes from Barrie and within easy reach of the GTA, this is more than a home-it's a lifestyle investment. Whether you're looking for a full-time residence, weekend escape, or income-generating property, this west-facing unit delivers the perfect balance of relaxation and energy in one of Ontario's most sought-after resort communities. **EXTRAS** Lifestyle Investment: Lake Club Fee $230.60/Month, Annual Fee $1,751.27/Year. Buyer to pay 2% plus HST FH association fee
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- N13099802
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 800-899 sq ft
- Cross streets
- FRIDAY HARBOUR RESORT
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $595/mo
- Exposure
- West
- Property tax
- $4,556 / 2025
- Days on market
- 140
- Listing brokerage
- RE/MAX REALTRON REALTY INC.
Rooms
combined w/dining · w/o to balcony · open concept
closet · window
stainless steel appl · open concept · combined w/living
closet · window
Listed at $519,000. Going by how homes in Rural Innisfil and the wider GTA have actually closed against their asking prices (about 97%, 10 local closings in 90 days), the likely sale price is near $504K, if it sells. A realistic range is $475K to $545K.
Independent value check: $631K. Without looking at the asking price, our model values the home itself about 22% above the ask (homes like it typically land between $587K and $663K).
Total price vs nearby homes. Likely closing about $504K, from 10 recent closings in this pocket.
The market behind the math:
About 8.7 months of inventory: 29 condo apartment homes for sale in the area against 10 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $611/sqft against an area asking average of $671/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 and this building.
It never sees the asking price. The 10 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $452K. 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.
- Open-concept layout: modern, sought-after flow. Lifestyle
Based on 10 comparable homes that sold in Rural Innisfil over the past two years, from 77 closings there.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $588/sqft; this home lists at $611/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesNeighbourhood & location
Rural Innisfil, Innisfil, ON
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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 4.34% via Ratehub.ca (as of September 25, 2026); conventional rates run a little higher.
Mortgage amount $415,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,296
- Property tax
- $380
- Condo / maintenance fees
- $595
- Heating
- $0
- Estimated monthly cost
- $3,270
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $6,855
- Estimated closing costs
- $6,855
Plus your down payment of $103,800. 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
- $137,743
- Principal paid down
- $50,730
- Interest paid
- $87,013
- Balance remaining
- $364,470
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 262 whole-home leases in Rural Innisfil signed at a median of $2,391 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,461. 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 RE/MAX REALTRON REALTY INC.. MLS®/PropTx.