241 Sea Ray Avenue Unit A416, Innisfil

Price: $1,100,000

3 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: N13211518

THIS is the one! Spectacular south-facing, wraparound 3 bdrm penthouse in the highly sought-after "Tamarack" floorplan, rarely offered at Friday Harbour Resort, one of Ontario's premier all-season waterfront destinations on the shores of Lake Simcoe. This exceptional suite offers breathtaking views in every direction from both its expansive interior and approximately 600 sq ft wraparound terrace, delivering an unmatched lifestyle that blends luxury resort living with stunning natural surroundings. Floor-to-ceiling wraparound windows flood the space with natural light while showcasing panoramic views of the marina, Beach Club, resort pools, Lake Simcoe, and vibrant resort grounds from nearly every angle. Step inside to an expansive open-concept layout designed for both entertaining and everyday comfort. The kitchen seamlessly connects to the living area, creating a bright and inviting atmosphere ideal for gathering with family and friends. The primary bdrm features a walkout to the terrace, spacious closet area, and an ensuite bath. Two additional bdrms are thoughtfully positioned on the opposite side of the condo with access to their own full bath, offering comfort and privacy for guests or family. A spacious entryway creates an impressive welcome from the moment you arrive. Located in the heart of Friday Harbour Resort, residents enjoy a world-class lifestyle with access to a full-service marina, waterfront boardwalk, restaurants, cafés, boutique shopping, golf course, Beach & Lake Clubs, private beach, pools, nature preserve trails, seasonal events, and year-round activities including boating, paddleboarding, hiking, and skating. Whether you're seeking a luxury weekend retreat, year-round residence, or investment opportunity, this penthouse delivers resort-style living unlike anything else. Includes 2-car parking. *EXTRAS* Club fees $269.03/mo. Resort fee $2,840.48/yr. Buyer to pay one-time resort entry fee of 2% of purchase price+HST.

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$1,100,000 - 241 Sea Ray Avenue Unit A416, Innisfil

Condo for Sale in Innisfil

3Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
N13211518
Property Type
Condo
Status
active
Days on Site
16
Bedrooms
3
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Innisfil
Locker
Owned
Exposure
South
Balcony
Open
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Description

THIS is the one! Spectacular south-facing, wraparound 3 bdrm penthouse in the highly sought-after "Tamarack" floorplan, rarely offered at Friday Harbour Resort, one of Ontario's premier all-season waterfront destinations on the shores of Lake Simcoe. This exceptional suite offers breathtaking views in every direction from both its expansive interior and approximately 600 sq ft wraparound terrace, delivering an unmatched lifestyle that blends luxury resort living with stunning natural surroundings. Floor-to-ceiling wraparound windows flood the space with natural light while showcasing panoramic views of the marina, Beach Club, resort pools, Lake Simcoe, and vibrant resort grounds from nearly every angle. Step inside to an expansive open-concept layout designed for both entertaining and everyday comfort. The kitchen seamlessly connects to the living area, creating a bright and inviting atmosphere ideal for gathering with family and friends. The primary bdrm features a walkout to the terrace, spacious closet area, and an ensuite bath. Two additional bdrms are thoughtfully positioned on the opposite side of the condo with access to their own full bath, offering comfort and privacy for guests or family. A spacious entryway creates an impressive welcome from the moment you arrive. Located in the heart of Friday Harbour Resort, residents enjoy a world-class lifestyle with access to a full-service marina, waterfront boardwalk, restaurants, cafés, boutique shopping, golf course, Beach & Lake Clubs, private beach, pools, nature preserve trails, seasonal events, and year-round activities including boating, paddleboarding, hiking, and skating. Whether you're seeking a luxury weekend retreat, year-round residence, or investment opportunity, this penthouse delivers resort-style living unlike anything else. Includes 2-car parking. *EXTRAS* Club fees $269.03/mo. Resort fee $2,840.48/yr. Buyer to pay one-time resort entry fee of 2% of purchase price+HST.

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Estimated Payment

$4,865.67/mo

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5-yr fixed avg.

Principal: $880,000Interest: $579,701
Mortgage Amount$880,000
Total Interest$579,701
Est. Property Tax$779/mo
Total Cost$1,459,701

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Innisfil

Discover Innisfil

Innisfil is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Innisfil

  • Convenient location in Innisfil
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Innisfil offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

241 Sea Ray Avenue Unit A416, Innisfil

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
1.2%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$779
Insurance (est.)-$229
Net Cash Flow+$1,132

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $917/sqft, this property is priced in line with current Innisfil market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Market Position

At 16 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Investment Perspective

Looking at this as an investment: Innisfil properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,583 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    241 Sea Ray Avenue Unit A416… — $1,100,000 | Battaglia Team