415 Sea Ray Avenue Unit 306, Innisfil

Price: $378,800

1 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: N13117836

Experience resort-style living and flexible ownership with this beautifully upgraded one-bedroom suite at Friday Harbour, one of Ontario's premier four-season destinations. Located on the third floor with a quiet north-facing exposure, this efficient one-bedroom unit is designed for both style and durability, featuring sleek vinyl flooring throughout, a modern walk-in shower, and an upgraded stainless-steel fridge equipped with a convenient ice and water dispenser. The bright, open-concept layout flows seamlessly to a spacious balcony, offering the perfect private retreat after a day spent exploring the marina, beach club, championship golf course, or surrounding scenic trails. This property is a true turnkey opportunity, having successfully operated as a short-term rental (see Gross Earnings in Attachments) with a proven track record of performance. Offered completely furnished with a fully equipped kitchen, it is ready for immediate personal enjoyment and/or a seamless transition into an income-generating investment from day one. For added convenience and long-term value, the suite includes underground parking and a private locker. Situated just over an hour from the GTA, this suite delivers the perfect blend of lifestyle and value, providing a low-maintenance weekend escape for yourself, a strategic investment in a vibrant, year-round community -- or both! Resort Fees, Annual Lake fees and 2% of purchase price Plus HST for initiation apply.

415 Sea Ray Avenue Unit 306 - Condo photo 1 of 14 in Innisfil, Ontario
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$378,800 - 415 Sea Ray Avenue Unit 306, Innisfil

Condo for Sale in Innisfil

31 days on market
1Beds
1Baths
500Sq Ft
Condo
Property Details
MLS Number
N13117836
Property Type
Condo
Status
active
Days on Site
31
Bedrooms
1
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Innisfil
Locker
Owned
Exposure
North
Balcony
Terrace
Listing Brokerage
ROYAL LEPAGE CITIZEN REALTY
Description

Experience resort-style living and flexible ownership with this beautifully upgraded one-bedroom suite at Friday Harbour, one of Ontario's premier four-season destinations. Located on the third floor with a quiet north-facing exposure, this efficient one-bedroom unit is designed for both style and durability, featuring sleek vinyl flooring throughout, a modern walk-in shower, and an upgraded stainless-steel fridge equipped with a convenient ice and water dispenser. The bright, open-concept layout flows seamlessly to a spacious balcony, offering the perfect private retreat after a day spent exploring the marina, beach club, championship golf course, or surrounding scenic trails. This property is a true turnkey opportunity, having successfully operated as a short-term rental (see Gross Earnings in Attachments) with a proven track record of performance. Offered completely furnished with a fully equipped kitchen, it is ready for immediate personal enjoyment and/or a seamless transition into an income-generating investment from day one. For added convenience and long-term value, the suite includes underground parking and a private locker. Situated just over an hour from the GTA, this suite delivers the perfect blend of lifestyle and value, providing a low-maintenance weekend escape for yourself, a strategic investment in a vibrant, year-round community -- or both! Resort Fees, Annual Lake fees and 2% of purchase price Plus HST for initiation apply.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,943.44/mo

Includes CMHC insurance ($10,569)

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5-yr fixed avg.

Principal: $340,920Interest: $231,544
Mortgage Amount$351,489
Total Interest$231,544
Est. Property Tax$268/mo
Total Cost$583,032

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

415 Sea Ray Avenue Unit 306, Innisfil

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
3.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$325
Property Tax (est.)-$268
Insurance (est.)-$79
Net Cash Flow+$1,128

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 $758/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.

Market Position

At 31 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.

Efficient Living

At 500 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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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    415 Sea Ray Avenue Unit 306, In… — $378,800 | Battaglia Team