144-415 Sea Ray Avenue, Innisfil, ON

Rural Innisfil, Innisfil · MLS® N13674218

$505,000
For Sale
Listed 42 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
800-899Sq ft

About this home

In short

  • Welcome to this beautifully situated 2-bedroom, 2-bathroom condo at Friday Harbour Resort, offering approximately 810 sq. ft. of thoughtfully designed living space...
  • The high ceilings create an airy, spacious feel throughout the home.
  • Residents can also enjoy access to a private courtyard featuring a pool and hot tub, perfect for relaxing and enjoying the resort lifestyle.
  • Ground-floor unit in High Point10-foot ceilings.
  • Private courtyard pool and hot tubLocated at Friday Harbour ResortA fantastic opportunity to enjoy the combination of resort living, natural surroundings, and...

Welcome to this beautifully situated 2-bedroom, 2-bathroom condo at Friday Harbour Resort, offering approximately 810 sq. ft. of thoughtfully designed living space and impressive 10-foot ceilings. Located on the ground floor of High Point, this west-facing unit features a private patio overlooking the peaceful nature preserve-a wonderful setting for morning coffee, afternoon relaxation, or enjoying the sunset. Inside, the open-concept layout offers a bright and inviting living space, with two comfortable bedrooms and two full bathrooms. The high ceilings create an airy, spacious feel throughout the home. Residents can also enjoy access to a private courtyard featuring a pool and hot tub, perfect for relaxing and enjoying the resort lifestyle. Property highlights:2 bedrooms2 bathroomsApproximately 810 sq. ft. Ground-floor unit in High Point10-foot ceilings. West-facing private patio. Beautiful nature preserve views. Private courtyard pool and hot tubLocated at Friday Harbour ResortA fantastic opportunity to enjoy the combination of resort living, natural surroundings, and low-maintenance condo living at one of the area's most sought-after destinations. Annual Resort Fee $1729.92 / year. Monthly Club Fee: $230 / month. Monthly Maintanence Fee: $588.98 / month. Buyer to pay 2% Entry Fee.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13674218
Bedrooms
2
Bathrooms
2
Size
800-899 sq ft
Cross streets
Big Bay Point Rd/Friday Dr
Parking
1 garage (underground)
Basement
Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$589/mo
Exposure
South West
Property tax
$4,673 / 2026
Days on market
42
Listing brokerage
FRIDAY HARBOUR REAL ESTATE CORP.

Rooms

KitchenGround6.40 × 4.03 m

quartz counter · stainless steel appl · breakfast bar

Primary BedroomGround3.58 × 2.81 m

laminate · 3 pc ensuite · walk-in closet(s)

OtherGround3.65 × 3.65 m

East View

Living RoomGround6.40 × 4.03 m

combined w/dining · laminate · w/o to terrace

Dining RoomGround6.40 × 4.03 m

combined w/living · laminate

Bedroom 2Ground3.05 × 2.74 m

laminate · large window · large closet

Our TakeTeam Asgarian · Broker
A small discount is typical
$491Klikely sale price

Listed at $505,000. 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 $491K, if it sells. A realistic range is $462K to $531K.

Independent value check: $654K. Without looking at the asking price, our model values the home itself about 29% above the ask (homes like it typically land between $608K and $687K).

List price
$462KBelow recent closings$531KAbove recent closings

Total price vs nearby homes. Likely closing about $491K, 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
42days on market so far
$2,440/moest. rent · 26 leases
5.8%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 $594/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 $448K. Condition and finishes remain an in-person call.

What the listing highlights3 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
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Open-concept layout: modern, sought-after flow. Lifestyle

Based on 24 homes sold in this building over the past two years, from 77 closings in Rural Innisfil.

What sellers nearby are askingCurrently listed nearby in Rural Innisfil · asking prices
$503kavg asking

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

Per square foot, these ask about $591/sqft; this home lists at $594/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
505kThis home499k499k499k497k519kThis home vs active comparables

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
$2,302/mo
$116KIncome needed
4.4×Price ÷ income
$531Weekly cost
$6,575Land 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 $2,302Property tax $389Condo fee $589Total carry $3,280

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)
$2,234per month

Mortgage amount $404,000 · 4.49% over 25 years

$101,000Down payment (20.0%)
$404,000Loan before insurance
$0CMHC premium
$3,212Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,234
Property tax
$389
Condo / maintenance fees
$589
Heating
$0
Estimated monthly cost
$3,212

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

One-time closing costs

Ontario land transfer tax
$6,575
Estimated closing costs
$6,575

Plus your down payment of $101,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,704/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

$266,136Total interest paid
$670,136Total of all payments
Principal $404,000 Interest $266,136
YearPrincipalInterestBalance
1$9,016$17,790$394,984
2$9,425$17,381$385,560
3$9,853$16,953$375,707
4$10,300$16,505$365,407
5$10,768$16,038$354,639
6$11,257$15,549$343,382
7$11,768$15,038$331,614
8$12,302$14,503$319,312
9$12,861$13,945$306,451
10$13,445$13,361$293,006
11$14,055$12,750$278,951
12$14,693$12,112$264,258
13$15,360$11,445$248,898
14$16,058$10,748$232,840
15$16,787$10,019$216,053
16$17,549$9,256$198,504
17$18,346$8,460$180,158
18$19,179$7,627$160,979
19$20,050$6,756$140,929
20$20,960$5,845$119,969
21$21,912$4,894$98,058
22$22,907$3,899$75,151
23$23,947$2,859$51,204
24$25,034$1,772$26,171
25$26,171$635$0

At the end of your 5-year term

Total paid over the term
$134,027
Principal paid down
$49,361
Interest paid
$84,666
Balance remaining
$354,639

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 26 whole-home leases in Rural Innisfil$2,440/mo
$29,280Gross annual rent
2.7%Cap rate after taxes and upkeep
$2,318 to $2,562Typical 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 26 whole-home leases in Rural Innisfil signed at a median of $2,435 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,440. 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.

5.8%
Gross yield
− Property tax $4,673− Condo fees $7,068− Insurance $600− Vacancy & upkeep $3,221Net operating income $13,718

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of FRIDAY HARBOUR REAL ESTATE CORP.. MLS®/PropTx.

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