Pasadena Drive
20.7 km Away2026
Sign In To See The Price3551 Riva Avenue, Innisfil, ON
Rural Innisfil, Innisfil · MLS® N14029522
$1,398,000
For SaleListed 27 Days Ago
Innisfil is outside the area Team Asgarian serves. We can introduce you to an agent we trust there: ask for a referral.
3BedroomsBeds
3BathroomsBaths
2Garage · 4 Parking
4Parking
1500-2000Sq ft
Listed By RE/MAX Realtron Realty Inc.
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Key Facts
- Property type
- Townhouse, 2-Storey
- Lot
- 20.01 × 76.78 ft
- Basement
- None
- Parking
- 2 garage · 4 parking (built-in)
- Property tax
- $9,386 / 2025
- Offer date
- None stated
- Cross streets
- FRIDAY HARBOUR RESORT
- Days on market
- 27
All Facts And 9 Rooms, Floor By Floor
- Property type
- Townhouse, 2-Storey
- MLS®
- N14029522
- Bedrooms
- 3
- Bathrooms
- 3 (1 half)
- Size
- 1500-2000 sq ft
- Lot
- 20.01 × 76.78 ft
- Cross streets
- FRIDAY HARBOUR RESORT
- Parking
- 2 garage · 4 parking (built-in)
- Driveway
- Private
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Aluminum Siding
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $9,386 / 2025
- Days on market
- 27
- Offer date
- None stated
- Listing brokerage
- RE/MAX Realtron Realty Inc.
Primary BedroomSecond5.82 × 3.72 m
4 pc ensuite · walk-in closet(s) · w/o to deck
BathroomSecond0.00 × 0.00 m
3 Pc Bath
KitchenMain3.51 × 2.64 m
stainless steel appl · breakfast bar · open concept
Living RoomMain5.82 × 5.82 m
combined w/dining · overlook water · b/i bookcase
Powder RoomMain0.00 × 0.00 m
2 Pc Bath
LaundryMain0.00 × 0.00 m
Laundry Sink
Bedroom 2Second3.96 × 2.83 m
mirrored closet · closet organizers · window
Bedroom 3Second2.99 × 2.87 m
mirrored closet · murphy bed · b/i desk
Dining RoomMain5.82 × 4.72 m
combined w/dining · overlook water · pot lights
About This Home
From The Listing Description By RE/MAX Realtron Realty Inc.
In short
- UNIQUE UNIT - upgraded including the fine garage and some of the best views! Experience waterfront living at its finest in this stunning Riva townhome at Friday...
- With 3 bedrooms, 3 bathrooms, two private patios, and your own private boat slip, this turnkey home is designed to make every season at the lake effortless.
- Explore the 200-acre Nature Preserve and scenic trails, spend the afternoon on the water, enjoy dining along the Boardwalk, or tee off at The Nest Golf Club.
- A turnkey Riva townhome with private outdoor spaces and boat access-experience Friday Harbour from the waterfront. EXTRAS Club fees $238.09/month.
- Resort Annual fee $1.89/sqft/year, $302.29/month POTL fee.
Read The Full Description
UNIQUE UNIT - upgraded including the fine garage and some of the best views! **Experience waterfront living at its finest in this stunning Riva townhome at Friday Harbour.** Set along the waterfront at Friday Harbour Resort, this beautifully appointed Riva townhome delivers the perfect balance of relaxed lakeside living and resort-style convenience. With 3 bedrooms, 3 bathrooms, two private patios, and your own private boat slip, this turnkey home is designed to make every season at the lake effortless. Enjoy your morning coffee outdoors, dine al fresco with friends, or step down to the water and head out on Lake Simcoe for the day. Inside, the thoughtfully designed layout offers comfortable living spaces and plenty of room to gather, unwind, and entertain. Beyond your doorstep, Friday Harbour offers an exceptional four-season lifestyle. Explore the 200-acre Nature Preserve and scenic trails, spend the afternoon on the water, enjoy dining along the Boardwalk, or tee off at The Nest Golf Club. With the marina, Lake Club, shops, cafés, and resort amenities all close by, everything you need for a weekend escape or full-time lakeside lifestyle is right here. A turnkey Riva townhome with private outdoor spaces and boat access-experience Friday Harbour from the waterfront. **EXTRAS** Club fees $238.09/month. Resort Annual fee $1.89/sqft/year, $302.29/month POTL fee. Buyer to pay one-time resort entry fee of 2% of purchase price + HST to Friday Harbour Resort
Our Take
Team Asgarian, RE/MAX Hallmark Realty Ltd.A small discount is typical
$1.36Mlikely sale price
Listed at $1,398,000. Going by how homes in Rural Innisfil and the wider GTA have actually closed against their asking prices (about 97%, blended from 5 local closings in 90 days), the likely sale price is near $1.36M, if it sells. A realistic range is $1.27M to $1.53M.
Independent value check. What our model says the home itself is worth, and what sets it apart, is free for signed-in members. Sign In To See It
List price
$1.27MBelow recent closings$1.53MAbove recent closings
Total price vs nearby homes. Likely closing about $1.36M, from 5 recent closings in this pocket.
The market behind the math, in Rural Innisfil
5sold nearby · 90 days
$473Kmedian townhouse sold · 90 days
97%of asking, local average
~46 dayshomes like this take to sell
27days on market so far
$4,329/moest. rent · 7 leases
3.7%gross yield on the ask
Buyer's market
Buyer's marketSeller's market
About 4.2 months of inventory: 7 townhouse homes for sale in the area against 5 closings in the last 90 days. Under two months favours sellers, over four favours buyers. This reads supply only, not prices.
This home
Below area avgAbove area avg
Price per square foot: this home lists at $799/sqft against an area asking average of $694/sqft.
How this estimate is builtthe short version
The likely sale price starts from the asking price and how homes here have actually closed against theirs, so it says where this one will probably land, not what it is worth. Condition, finishes and how the home shows remain an in-person call.
Based on 5 closings nearby in the last 90 days.
Sold Price Trend
Median sold price for townhouses in Innisfil: $591K in September 2026, down 7% from a year ago, on 43 closings in 7 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Innisfil as a whole: the neighbourhood alone has too few closings for a line of its own.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| November 2025 | $650K | 5 |
| December 2025 | $750K | 5 |
| January 2026 | $609K | 5 |
| February 2026 | $635K | 6 |
| May 2026 | $645K | 5 |
| June 2026 | $662K | 6 |
| September 2026 | $591K | 11 |
Own A Home Nearby?
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Our Transactions Near This Listing
Homes Team Asgarian has handled within 25 km of Riva Avenue. Signed-in members see each price, verified against board records.
Cundles Road West
16.5 km Away2019
Sign In To See The PriceOther Homes For Sale In Rural Innisfil
For sale in Rural Innisfil now · asking prices
How This Price Compares
$1.46Mavg asking
Every home like this one for sale in Rural Innisfil right now. These are asking prices, not sales.
3585 Riva Avenue $799/sqft$1.40M3771 Riva Avenue $787/sqft$1.38M3712 Ferretti Court $541/sqft$1.49M3718 Mangusta Court $666/sqft$1.50M3666 Ferretti Court $563/sqft$1.55M
Per square foot, these ask about $671/sqft; this home lists at $799/sqft.
The 5 closest in price of 11 for sale in Rural Innisfil.
See all comparable homesNeighbourhood & Location
Rural Innisfil, Innisfil, ON
Commute
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Affordability & Mortgage
Estimated Mortgage
$6,372/mo
$272KIncome needed
5.1×Price ÷ income
$1,470Weekly cost
$24,435Land transfer tax, one-time (Ontario)
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.
Mortgage is 89% of the monthly costMortgage $6,372Property tax $782Total carry $7,154
Calculate And Customize Your Mortgage
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%
$
%
4.59%
%
Live rate from Ratehub.caConventional (20%+ down). Best insured 5-year fixed 4.44% via Ratehub.ca (as of November 10, 2026); conventional rates run a little higher.
years
years (your rate-locked period)
$6,246per month
Mortgage amount $1,118,400 · 4.59% over 25 years
$279,600Down payment (20.0%)
$1,118,400Loan before insurance
$0CMHC premium
$7,028Total monthly cost
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,246
- Property tax
- $782
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,028
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $24,435
- Estimated closing costs
- $24,435
Plus your down payment of $279,600. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
6.59%Qualifying rate
$7,552/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
$755,437Total interest paid
$1,873,837Total of all payments
Principal $1,118,400 Interest $755,437
YearPrincipalInterestBalance
1$24,612$50,342$1,093,788
2$25,754$49,199$1,068,034
3$26,950$48,003$1,041,084
4$28,201$46,752$1,012,883
5$29,511$45,443$983,372
6$30,881$44,073$952,492
7$32,314$42,639$920,177
8$33,815$41,139$886,363
9$35,384$39,569$850,978
10$37,027$37,926$813,951
11$38,746$36,207$775,205
12$40,545$34,408$734,660
13$42,427$32,526$692,232
14$44,397$30,556$647,835
15$46,458$28,495$601,377
16$48,615$26,338$552,761
17$50,872$24,081$501,889
18$53,234$21,719$448,654
19$55,706$19,248$392,949
20$58,292$16,661$334,657
21$60,998$13,955$273,658
22$63,830$11,123$209,828
23$66,794$8,160$143,034
24$69,895$5,059$73,140
25$73,140$1,814$0
At the end of your 5-year term
- Total paid over the term
- $374,767
- Principal paid down
- $135,028
- Interest paid
- $239,740
- Balance remaining
- $983,372
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.
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.
Questions About 3551 Riva Avenue
What is the asking price for 3551 Riva Avenue?
It is listed at $1,398,000.
How many bedrooms and bathrooms does 3551 Riva Avenue have?
3 bedrooms, and 3 bathrooms (1 of them a half bath).
How big is 3551 Riva Avenue?
The listing gives 1500-2000 sq ft of living space, on a 20.01 × 76.78 ft lot.
Does 3551 Riva Avenue have parking?
2 garage spaces, 4 parking spaces in all.
What are the property taxes on 3551 Riva Avenue?
$9,386 a year, for 2025.
Is there an offer date for 3551 Riva Avenue?
The listing does not state an offer date.
When was 3551 Riva Avenue listed?
It came on the market on October 13, 2026.
Who is the listing brokerage for 3551 Riva Avenue?
RE/MAX Realtron Realty Inc. Showing requests on this page go to Team Asgarian, RE/MAX Hallmark Realty Ltd.
How can I request a showing of 3551 Riva Avenue?
Send a showing request with your phone number, or call (416) 837-8000. Team Asgarian will call you to confirm a time.
Can Team Asgarian represent me as the buyer?
Yes, if you are not already working with another agent. We talk it through on the call before anything is signed.
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX Realtron Realty Inc. MLS®/PropTx.