315-375 Sea Ray Avenue, Innisfil, ON

Rural Innisfil, Innisfil · MLS® N13163962

$499,000
For Sale
Listed 126 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
800-899Sq ft

About this home

In short

  • Rare Opportunity to Own in Aquarius with Stunning Marina Views.
  • This 2-bedroom, 2-bath Taurus Model (820 sq ft) at Friday Harbour's premier Aquarius building offers a split-bedroom layout, gourmet kitchen with high-end appliances...
  • Enjoy resort-style living with access to the Beach Club, Lake Club, 200-acre Nature Preserve, award-winning golf course, marina, boardwalk shops and restaurants...
  • A perfect blend of luxury, lifestyle, and location! EXTRAS Lifestyle Investment: Condo fees $636.30/month.
  • Resort Fee $1,746.53/year.

Rare Opportunity to Own in Aquarius with Stunning Marina Views! This 2-bedroom, 2-bath Taurus Model (820 sq ft) at Friday Harbour's premier Aquarius building offers a split-bedroom layout, gourmet kitchen with high-end appliances and pantry, and a spacious balcony overlooking the marina. Enjoy resort-style living with access to the Beach Club, Lake Club, 200-acre Nature Preserve, award-winning golf course, marina, boardwalk shops and restaurants, fitness centre, and year-round activities from skating and hiking to kayaking and paddleboarding. A perfect blend of luxury, lifestyle, and location! ***EXTRAS*** Lifestyle Investment: Condo fees $636.30/month. Club Fees $224.97/month. Resort Fee $1,746.53/year. Buyer to pay One Time Resort Fee of 2% of Purchase Price + HST

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13163962
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
Aluminum Siding
Maintenance
$636/mo
Exposure
East
Property tax
$4,176 / 2025
Days on market
126
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

Living RoomFlat0.00 × 0.00 m
KitchenFlat0.00 × 0.00 m
Primary BedroomFlat0.00 × 0.00 m
BedroomFlat0.00 × 0.00 m
Our TakeTeam Asgarian · Broker
A small discount is typical
$485Klikely sale price

Listed at $499,000. 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 $485K, if it sells. A realistic range is $457K to $524K.

Independent value check: $619K. Without looking at the asking price, our model values the home itself about 24% above the ask (homes like it typically land between $576K and $650K).

List price
$457KBelow recent closings$524KAbove recent closings

Total price vs nearby homes. Likely closing about $485K, from 10 recent closings in this pocket.

The market behind the math:

10sold nearby · 90 days
$423Kmedian sold price
97%of asking, on average
−12%prices vs a year ago
~57 dayshomes like this take to sell
126days on market so far
$2,451/moest. rent · 34 leases
5.9%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

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.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $587/sqft against an area asking average of $672/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 $435K. 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.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver

Based on 9 homes sold in this building over the past two years, from 77 closings in Rural Innisfil.

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.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$2,274/mo
$114KIncome needed
4.4×Price ÷ income
$525Weekly cost
$6,455Land 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.

70%mortgage
Mortgage $2,274Property tax $348Condo fee $636Total carry $3,259

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)
$2,207per month

Mortgage amount $399,200 · 4.49% over 25 years

$99,800Down payment (20.0%)
$399,200Loan before insurance
$0CMHC premium
$3,191Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,207
Property tax
$348
Condo / maintenance fees
$636
Heating
$0
Estimated monthly cost
$3,191

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

One-time closing costs

Ontario land transfer tax
$6,455
Estimated closing costs
$6,455

Plus your down payment of $99,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,672/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

$262,974Total interest paid
$662,174Total of all payments
Principal $399,200 Interest $262,974
YearPrincipalInterestBalance
1$8,908$17,578$390,292
2$9,313$17,174$380,979
3$9,736$16,751$371,243
4$10,178$16,309$361,065
5$10,640$15,847$350,425
6$11,123$15,364$339,302
7$11,628$14,859$327,674
8$12,156$14,331$315,518
9$12,708$13,779$302,810
10$13,285$13,202$289,525
11$13,888$12,599$275,637
12$14,519$11,968$261,118
13$15,178$11,309$245,940
14$15,867$10,620$230,073
15$16,587$9,899$213,486
16$17,341$9,146$196,145
17$18,128$8,359$178,017
18$18,951$7,536$159,066
19$19,811$6,675$139,255
20$20,711$5,776$118,544
21$21,651$4,836$96,893
22$22,634$3,853$74,258
23$23,662$2,825$50,596
24$24,736$1,750$25,860
25$25,860$627$0

At the end of your 5-year term

Total paid over the term
$132,435
Principal paid down
$48,775
Interest paid
$83,660
Balance remaining
$350,425

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 34 whole-home leases in Rural Innisfil$2,451/mo
$29,412Gross annual rent
2.8%Cap rate after taxes and upkeep
$2,299 to $2,574Typical rent range
~31 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 34 whole-home leases in Rural Innisfil signed at a median of $2,397 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,451. 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 $4,176− Condo fees $7,636− Insurance $600− Vacancy & upkeep $3,235Net operating income $13,765

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTRON REALTY INC.. MLS®/PropTx.

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