410-375 Sea Ray Avenue, Innisfil, ON

Rural Innisfil, Innisfil · MLS® N13735728

$450,000
For Sale
Listed 23 days agoNo offer date stated
Request a showing
◎ Directions
2Bedrooms
2Bathrooms
0Parking
800-899Sq ft

About this home

In short

  • Live where weekends never have to end.
  • Designed to make the most of its natural light and views, this 2-bedroom, 2-bathroom residence features an open-concept layout, expansive windows and a crisp...
  • Club Fees: approx $230.60/month.
  • Resort Fee: approx $1,879.42/year.
  • Buyer to pay a one-time Resort Fee of 2% of the purchase price + HST.

Live where weekends never have to end. Welcome to Suite 410 at 375 Sea Ray Avenue, a bright and beautifully appointed corner suite in the heart of Friday Harbour Resort. Designed to make the most of its natural light and views, this 2-bedroom, 2-bathroom residence features an open-concept layout, expansive windows and a crisp, contemporary interior. The sleek white kitchen offers generous cabinetry, a large island with seating and an easy flow into the living and dining areas-perfect for entertaining or unwinding after a day by the water. Step outside to the private balcony and take in the peaceful open views, or head downstairs and enjoy everything Friday Harbour is known for. Walk the boardwalk with your morning coffee, meet friends for dinner, spend the afternoon poolside, explore the trails, play a round of golf, or head to the marina and onto Lake Simcoe. The primary bedroom offers a relaxing retreat, complemented by a second bedroom ideal for guests, family or a home office. Two full bathrooms and ensuite laundry complete this move-in-ready suite. More than a condo, this is an opportunity to own within one of Ontario's most unique four-season resort communities-where dining, shopping, recreation, nature and the waterfront are all part of everyday life. Club Fees: approx $230.60/month. Resort Fee: approx $1,879.42/year. Buyer to pay a one-time Resort Fee of 2% of the purchase price + HST.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13735728
Bedrooms
2
Bathrooms
2
Size
800-899 sq ft
Cross streets
Friday Harbour Resort
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$622/mo
Exposure
North East
Property tax
$4,461 / 2025
Days on market
23
Listing brokerage
RE/MAX HALLMARK YORK GROUP REALTY LTD.

Rooms

Primary BedroomMain4.39 × 3.17 m

5 pc ensuite · large window · laminate

KitchenMain4.09 × 3.07 m

open concept · laminate · stainless steel appl

Living RoomMain3.53 × 3.51 m

open concept · laminate · w/o to balcony

BedroomMain3.23 × 2.62 m

laminate · large window · closet

Our TakeTeam Asgarian · Broker
A small discount is typical
$437Klikely sale price

Listed at $450,000. 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 $437K, if it sells. A realistic range is $412K to $473K.

Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% above the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: the home's condition, or an asking price set as a starting point for offers.

List price
$412KBelow recent closings$473KAbove recent closings

Total price vs nearby homes. Likely closing about $437K, 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
23days on market so far
$2,451/moest. rent · 34 leases
6.5%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 $530/sqft against an area asking average of $674/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 $453K. 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 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
$2,051/mo
$106KIncome needed
4.2×Price ÷ income
$473Weekly cost
$5,475Land 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.

67%mortgage
Mortgage $2,051Property tax $372Condo fee $622Total carry $3,045

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)
$1,991per month

Mortgage amount $360,000 · 4.49% over 25 years

$90,000Down payment (20.0%)
$360,000Loan before insurance
$0CMHC premium
$2,984Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,991
Property tax
$372
Condo / maintenance fees
$622
Heating
$0
Estimated monthly cost
$2,984

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

One-time closing costs

Ontario land transfer tax
$5,475
Estimated closing costs
$5,475

Plus your down payment of $90,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,409/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

$237,151Total interest paid
$597,151Total of all payments
Principal $360,000 Interest $237,151
YearPrincipalInterestBalance
1$8,034$15,852$351,966
2$8,398$15,488$343,568
3$8,780$15,106$334,788
4$9,178$14,708$325,610
5$9,595$14,291$316,015
6$10,031$13,855$305,984
7$10,486$13,400$295,498
8$10,962$12,924$284,535
9$11,460$12,426$273,075
10$11,980$11,906$261,095
11$12,524$11,362$248,570
12$13,093$10,793$235,477
13$13,687$10,199$221,790
14$14,309$9,577$207,481
15$14,959$8,927$192,522
16$15,638$8,248$176,885
17$16,348$7,538$160,537
18$17,090$6,796$143,447
19$17,866$6,020$125,581
20$18,677$5,209$106,903
21$19,525$4,361$87,378
22$20,412$3,474$66,966
23$21,339$2,547$45,628
24$22,307$1,579$23,320
25$23,320$566$0

At the end of your 5-year term

Total paid over the term
$119,430
Principal paid down
$43,985
Interest paid
$75,445
Balance remaining
$316,015

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
3.0%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.

6.5%
Gross yield
− Property tax $4,461− Condo fees $7,467− Insurance $600− Vacancy & upkeep $3,235Net operating income $13,648

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

CallRequest a showing