132-375 Sea Ray Avenue, Innisfil, ON

Rural Innisfil, Innisfil · MLS® N13661158

$699,900
For Sale
Just listed today
2Bedrooms
2Bathrooms
2Garage
900-999Sq Ft

About this home

Welcome to refined resort living at Friday Harbour. This beautifully upgraded 2 bedroom, 2 bathroom condo offers an exceptional blend of comfort, style, and ease within one of Lake Simcoe's most prestigious waterfront communities. Located on the main level of the building, this unit provides effortless access with no stairs or elevator required, an ideal feature for everyday living and long term comfort. The bright, open concept design is filled with natural light from large windows and features a modern kitchen with quality finishes, generous living space, and room to host family and friends. Step onto the private balcony and enjoy views of the landscaped grounds, creating a peaceful outdoor retreat.The primary bedroom includes a private ensuite, while the second bedroom offers flexibility for guests or a home office. A standout feature is the inclusion of two parking spaces, a rare luxury at Friday Harbour and a significant value add rarely offered with condos of this size and price point. Ensuite laundry and a thoughtful layout further enhance convenience. Residents enjoy access to world class amenities including an 18hole golf course, marina, waterfront promenade, dining, cafes, shops, beach areas, nature trails, fitness facilities, outdoor pool, tennis courts, and year round events. Every detail is designed to support a relaxed yet elevated lifestyle. Whether used as a full time residence, weekend escape, or investment, this condo delivers low maintenance ownership in a resort setting designed for enjoyment. With summer approaching, this is the perfect time to experience the unit in person and secure your place at Friday Harbour. Opportunities like this are limited. Secure parking, visitor spaces, and a well managed community complete this exceptional offering. Book your private showing and be ready to enjoy the season ahead in one of the resort's most desirable buildings.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13661158
Bedrooms
2
Bathrooms
2
Size
900-999
Cross streets
Friday Dr To Sea Ray Ave
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$680/mo
Exposure
South West
Property tax
$4,794 / 2025
Listing brokerage
ENGEL & VOLKERS BARRIE

Rooms

Primary BedroomMain3.76 × 3.23 m

4 Pc Ensuite

Bedroom 2Main3.05 × 3.25 m
Dining RoomMain3.43 × 1.88 m
KitchenMain3.43 × 2.87 m
Living RoomMain4.11 × 3.15 m
Our TakeTeam Asgarian · Broker
Above comparables
$538Kest. value

Listed at $699,900, and my independent estimate is about 30% above what comparable homes suggest.

In Rural Innisfil lately, sellers get about 96% of asking; homes sell in ~59 days · prices down 16% YoY.

List price
$529KGreat deal$700KOverpriced

Total price vs nearby homes. Fair value about $538K, median of 10 comparables.

How this estimate is builtthe short version

I take the 10 most comparable recent listings nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single listing.

It’s grounded in comparable active listings. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $556K, a close match.

What the listing highlights5 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Elevator: rare and valuable for accessibility and resale. Lifestyle

Based on 10 comparable homes nearby.

Comparable listingsCurrently listed nearby in Rural Innisfil · asking prices
$631kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

218-333 Sunseeker Avenue$700k321-415 Sea Ray Avenue$699k517-333 Sunseeker Avenue$660k128-415 Sea Ray Avenue$549k431-415 Sea Ray Avenue$548k

The 5 closest of 8 active listings nearby.

See all comparable homes
700kThis home700k699k660k549k548kThis home vs active comparables
Live market pulseActive comparables in Rural Innisfil · median list $529K
$737this home / sqft
23active listings nearby
11sold nearby · 90 days
$420Kmedian sold price
96%of asking, on average
16%vs a year ago

This home lists 12% above the area average of $658/sqft.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

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
$3,190/mo
$151KIncome needed
4.6×Price ÷ income
$736Weekly cost
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.

75%mortgage
Mortgage $3,190Property tax $400Condo fee $680Total carry $4,270

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%
$
%
4.19%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.04% via Ratehub.ca (as of August 11, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,003per month

Mortgage amount $559,920 · 4.19% over 25 years

$139,980Down payment (20.0%)
$559,920Loan before insurance
$0CMHC premium
$4,083Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,003
Property tax
$400
Condo / maintenance fees
$680
Heating
$0
Estimated monthly cost
$4,083

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

One-time closing costs

Ontario land transfer tax
$10,473
Estimated closing costs
$10,473

Plus your down payment of $139,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.19%Qualifying rate
$3,646/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

$341,054Total interest paid
$900,974Total of all payments
Principal $559,920 Interest $341,054
YearPrincipalInterestBalance
1$13,027$23,012$546,893
2$13,578$22,461$533,315
3$14,153$21,886$519,162
4$14,752$21,287$504,410
5$15,377$20,662$489,033
6$16,028$20,011$473,005
7$16,707$19,332$456,298
8$17,414$18,625$438,884
9$18,151$17,888$420,733
10$18,920$17,119$401,813
11$19,721$16,318$382,093
12$20,556$15,483$361,537
13$21,426$14,613$340,111
14$22,333$13,706$317,778
15$23,279$12,760$294,499
16$24,264$11,775$270,235
17$25,292$10,747$244,943
18$26,362$9,677$218,581
19$27,479$8,560$191,102
20$28,642$7,397$162,460
21$29,855$6,184$132,605
22$31,119$4,920$101,487
23$32,436$3,603$69,051
24$33,810$2,229$35,241
25$35,241$798$0

At the end of your 5-year term

Total paid over the term
$180,195
Principal paid down
$70,887
Interest paid
$109,308
Balance remaining
$489,033

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
Estimate$3,050/mo
$36,600Gross annual rent
2.7%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

5.2%
Gross yield
− Property tax $4,794− Condo fees $8,163− Insurance $600− Vacancy & upkeep $4,026Net operating income $19,017

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ENGEL & VOLKERS BARRIE. MLS®/PropTx.

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