261 Broward Way Unit 48, Innisfil

Price: $999,000

2 bedrooms, 3 bathrooms

1,400 sqft

Property Type: Condo

MLS#: N12956014

WATER VIEW - rare experience from a private rooftop! Feel the extraordinary with this remarkable Boardwalk condo featuring a rare gem - a private rooftop terrace! Revel in the exclusive high view of the marina boat slips from this exceptional residence. The second floor boasts an extra-large open-concept living space with a generous terrace, perfect for BBQ's and outdoor dining. The third floor houses two oversized bedrooms, including a master ensuite and two large closets. Custom lighting graces the upper level, enhancing the fixtures and offering an epic view of the pier and skating rink. Head to the private rooftop for a mesmerizing sunset view over the marina, creating an ideal space for both entertaining and relaxation. This one-of-a-kind property sets itself apart with its unique features and unparalleled charm. **EXTRAS** Club Fee $ Plus Hst, Annual Resort Fee $/Year. Condo fee $Buyer To Pay Initiation Fee Of 2% Plus Hst Of Purchase Price.

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$999,000 - 261 Broward Way Unit 48, Innisfil

Condo for Sale in Innisfil

71 days on market
2Beds
3Baths
1,400Sq Ft
Condo
Property Details
MLS Number
N12956014
Property Type
Condo
Status
active
Days on Site
71
Bedrooms
2
Bathrooms
3
Square Feet
1,400 sqft
Neighbourhood
Innisfil
Locker
Owned
Exposure
West
Balcony
Terrace
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Description

WATER VIEW - rare experience from a private rooftop! Feel the extraordinary with this remarkable Boardwalk condo featuring a rare gem - a private rooftop terrace! Revel in the exclusive high view of the marina boat slips from this exceptional residence. The second floor boasts an extra-large open-concept living space with a generous terrace, perfect for BBQ's and outdoor dining. The third floor houses two oversized bedrooms, including a master ensuite and two large closets. Custom lighting graces the upper level, enhancing the fixtures and offering an epic view of the pier and skating rink. Head to the private rooftop for a mesmerizing sunset view over the marina, creating an ideal space for both entertaining and relaxation. This one-of-a-kind property sets itself apart with its unique features and unparalleled charm. **EXTRAS** Club Fee $ Plus Hst, Annual Resort Fee $/Year. Condo fee $Buyer To Pay Initiation Fee Of 2% Plus Hst Of Purchase Price.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,125.39/mo

Includes CMHC insurance ($27,872)

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5-yr fixed avg.

Principal: $899,100Interest: $610,644
Mortgage Amount$926,972
Total Interest$610,644
Est. Property Tax$708/mo
Total Cost$1,537,616

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

261 Broward Way Unit 48, Innisfil

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,680/mo
Range: $2,278 - $3,082
Cap Rate (ROI)
1.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,680
Maintenance Fees-$910
Property Tax (est.)-$708
Insurance (est.)-$208
Net Cash Flow+$854

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

Competitive Pricing

At $714/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 71 days on site, this property has exceeded the typical selling timeline for Innisfil. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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 $4,163 (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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    261 Broward Way Unit 48, Innisf… — $999,000 | Battaglia Team