$1,699,900 - 3785 Riva Avenue, Innisfil
Townhouse for Sale in Innisfil
76 days on market- MLS Number
- N12933136
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 76
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Innisfil
- Listing Brokerage
- GOLDFARB REAL ESTATE INC.
***End-Unit Riva Townhome | Steps to the Boardwalk*** End-unit Riva townhomes in this location are limited-and rarely offered. Set just steps from the Boardwalk Promenade and Lake Club, this home combines what many buyers look for but rarely find together: an end unit in a true walkable position to the core of Friday Harbour. What sets this unit apart is how it lives day to day. Riva Avenue has many interior units that are accessed primarily through the garage. Here, as an end unit, you have both garage access and a proper side-door main entrance, making coming and going far more practical and it is in a sought-after location. The home is oriented to the north-east, with open views toward the marina and Boardwalk. Large windows bring in strong natural light, including morning sun across the main living areas. The main floor is open concept with floor-to-ceiling windows and walkout to a full-width deck facing the marina. The kitchen is centered around an oversized island, designed for everyday use and entertaining. The property includes a private dock and boat slip, with a pedestal providing power, water, and lighting. Upstairs, the primary bedroom faces the water, opens to a private balcony, and includes ample closet space. Two additional bedrooms provide flexibility for guests, family, or workspace. Parking includes two garage spaces and two driveway spots. Ownership also includes eight Lake Club member cards, with access to the pool, fitness facilities, dining, and more .For buyers focused on end-unit livability in a prime Boardwalk location, opportunities like this are limited. Fee structure: Lake Club Fee: $291.48/month; Basic Resort Fee: $3,774.48/year; One-Time Entry Fee: 2% of purchase price + HST
Estimate your monthly payments for this property
Estimated Payment
$7,519.23/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.
3785 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 76 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.
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 $7,083 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.