$1,438,000 - 3545 Riva Avenue, Innisfil
Condo for Sale in Innisfil
Popular Listing- MLS Number
- N13243162
- Property Type
- Condo
- Status
- active
- Days on Site
- 9
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,600 sqft
- Neighbourhood
- Innisfil
- Locker
- None
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- INTERCITY REALTY INC.
Luxury Living at its Best at Friday Harbour Resort. Rarely offered Waterfront End Unit located on a quiet Court with stunning views of the Lake with your own Dock. This Marina Town Residence 1787 Square Feet features 10 foot ceilings, Floor to ceiling windows a second floor Balcony 3 Bedrooms plus Second floor office or Den. Walkout to a Private 20"x7' deck. Having a large two car Garage and private drive suitable for 4 cars. This Luxury Home is in excellent condition and is currently Vacant., with quick possession just in time to enjoy the summer season with family and friends.. Annual Resort fees ($3816.00) . Lake Club Fees ($291.48) monthly Plus Monthly Condo fees ($273.01 )plus Monthly Hvac ($187.75) . One time Resort Association Entry Fee of (2%x Purchase Price)
Estimate your monthly payments for this property
Estimated Payment
$6,360.76/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.
3545 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 $899/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.
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.
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 $5,992 (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.