$1,699,000 - 3527 Riva Avenue, Innisfil
Townhouse for Sale in Innisfil
102 days on market- MLS Number
- N12763030
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 102
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Innisfil
- Listing Brokerage
- ROYAL LEPAGE MAXIMUM REALTY
Rare 4-Bedroom Waterfront Retreat in Friday Harbour Resort! Welcome to this customized and uniquely designed marina townhome located in the prestigious Friday Harbour Resort. This exceptional property features a rare 4-bedroom layout on the second floor, thoughtfully divided into two private wings- each with 2 bedrooms and a full bathroom, creating the perfect setup for two families or multi-generational living. Ideally situated directly across from the Beach Club and just steps from the lake, this home offers the ultimate in convenience and lifestyle. The main floor boasts soaring 10-ft ceilings, elegant black cabinetry, stainless steel appliances, and a massive centre island-ideal for gathering and entertaining. The open-concept living and dining areas offer breathtaking lake views and flow seamlessly onto a private, spacious deck-just steps from your own exclusive boat slip. Upstairs, the primary bedroom features a walk-out to a wide balcony, the perfect spot to enjoy a peaceful morning coffee with panoramic water views. The 2-car garage is equipped with epoxy floors, slat walls for added organization, and even includes a second fridge. Recently operated as a successful Airbnb rental, this turn-key opportunity can continue seamlessly, as the property is available fully furnished. Whether you're seeking an income-generating investment or a personal waterfront retreat, this home offers the best of both worlds-generate revenue while keeping it available for your own enjoyment whenever desired. Enjoy all the world-class amenities Friday Harbour has to offer: a championship golf course, private beach, marina, nature trails, shops, restaurants, a grocery store, and year-round entertainment. This is more than just a home-it's a lifestyle.
Estimate your monthly payments for this property
Estimated Payment
$7,515.25/mo
5-yr fixed avg.
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.
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
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.
3527 Riva Avenue, Innisfil
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $1133/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.
Negotiation Opportunity
At 102 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.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Innisfil have shown strong appreciation as families seek more space.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Innisfil. Good resale value as demand remains consistent.
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 $7,079 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.