133-375 Sea Ray Avenue, Innisfil, ON

Rural Innisfil, Innisfil · MLS® N13687514

$497,000
For Sale
Listed 38 days agoNo offer date stated
Request a showing
◎ Directions
2Bedrooms
2Bathrooms
1Garage
800-899Sq ft

About this home

In short

  • Turn-Key & Fully Furnished at Friday Harbour Resort.
  • This beautifully furnished 2-bedroom, 2-bathroom suite offers a bright, thoughtfully designed layout with peaceful courtyard views and desirable west-facing exposure.
  • The open-concept kitchen features quartz countertops, stainless steel appliances, generous pantry storage and an oversized breakfast bar, creating the perfect space...
  • The spacious primary bedroom includes a walk-in closet and private ensuite, while the second bedroom is ideal for family, guests or a home office.
  • Condo Fees: $614.34/month.

Turn-Key & Fully Furnished at Friday Harbour Resort! Welcome to Aquarius, where effortless resort living meets modern comfort. This beautifully furnished 2-bedroom, 2-bathroom suite offers a bright, thoughtfully designed layout with peaceful courtyard views and desirable west-facing exposure. The open-concept kitchen features quartz countertops, stainless steel appliances, generous pantry storage and an oversized breakfast bar, creating the perfect space for everyday living and entertaining.The spacious primary bedroom includes a walk-in closet and private ensuite, while the second bedroom is ideal for family, guests or a home office. Step outside onto your private balcony to unwind and enjoy the tranquil surroundings. Additional conveniences include in-suite laundry, underground parking and a private storage locker.Located in the heart of Friday Harbour Resort, you'll be just steps from the Nature Preserve, scenic walking trails, marina, boardwalk, restaurants, cafés, boutique shopping and year-round resort amenities. Whether you're searching for a full-time residence, weekend escape or investment property, this move-in-ready suite offers an incredible opportunity to enjoy the Friday Harbour lifestyle from day one.Condo Fees: $614.34/month. Club Fees: $230.60/month. Resort Fee: $1,719.24/year. Buyer to pay a one-time Resort Fee equal to 2% of the purchase price + HST.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13687514
Bedrooms
2
Bathrooms
2
Size
800-899 sq ft
Cross streets
Big Bay & Friday Dr
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$614/mo
Exposure
West
Property tax
$4,176 / 2025
Days on market
38
Listing brokerage
FOREST HILL REAL ESTATE INC.
Our TakeTeam Asgarian · Broker
A small discount is typical
$483Klikely sale price

Listed at $497,000. 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 $483K, if it sells. A realistic range is $455K to $522K.

Independent value check: $617K. Without looking at the asking price, our model values the home itself about 24% above the ask (homes like it typically land between $574K and $648K).

List price
$455KBelow recent closings$522KAbove recent closings

Total price vs nearby homes. Likely closing about $483K, 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
38days on market so far
$2,461/moest. rent · 262 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 $585/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 $429K. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

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

  • Primary suite: a key comfort and resale feature. Lifestyle
  • 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.

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
$2,265/mo
$113KIncome needed
4.4×Price ÷ income
$523Weekly cost
$6,415Land 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 $2,265Property tax $348Condo fee $614Total carry $3,227

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)
$2,198per month

Mortgage amount $397,600 · 4.49% over 25 years

$99,400Down payment (20.0%)
$397,600Loan before insurance
$0CMHC premium
$3,160Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,198
Property tax
$348
Condo / maintenance fees
$614
Heating
$0
Estimated monthly cost
$3,160

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

One-time closing costs

Ontario land transfer tax
$6,415
Estimated closing costs
$6,415

Plus your down payment of $99,400. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,661/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

$261,920Total interest paid
$659,520Total of all payments
Principal $397,600 Interest $261,920
YearPrincipalInterestBalance
1$8,873$17,508$388,727
2$9,276$17,105$379,452
3$9,697$16,684$369,755
4$10,137$16,244$359,618
5$10,597$15,784$349,021
6$11,078$15,302$337,942
7$11,581$14,799$326,361
8$12,107$14,273$314,253
9$12,657$13,724$301,596
10$13,232$13,149$288,365
11$13,832$12,548$274,532
12$14,461$11,920$260,072
13$15,117$11,264$244,955
14$15,803$10,577$229,151
15$16,521$9,860$212,630
16$17,271$9,110$195,359
17$18,055$8,326$177,304
18$18,875$7,506$158,429
19$19,732$6,649$138,697
20$20,628$5,753$118,069
21$21,565$4,816$96,504
22$22,544$3,837$73,961
23$23,567$2,814$50,393
24$24,637$1,743$25,756
25$25,756$625$0

At the end of your 5-year term

Total paid over the term
$131,904
Principal paid down
$48,579
Interest paid
$83,325
Balance remaining
$349,021

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 262 whole-home leases in Rural Innisfil$2,461/mo
$29,532Gross annual rent
2.8%Cap rate after taxes and upkeep
$2,338 to $2,584Typical 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 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.

5.9%
Gross yield
− Property tax $4,176− Condo fees $7,372− Insurance $600− Vacancy & upkeep $3,249Net operating income $14,136

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

CallRequest a showing