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54 Sea Ray 2001 Boat For Sale

Asking price: $394,900.

  • Yachts for sale
  • motoryachts
  • 54' Sea Ray

Last updated Jan 18, 2024

54' Sea Ray 2001

2001 Sea Ray Five Forty Cockpit Motor Yacht

CAT DIESEL POWER

Mint condition and loaded with options.

Lake Ontario boat since new, up until 2019

If you are in the market for a large sedan style / Cockpit Motor Yacht, contact us today, you will not find one in better condition.

US BUYERS: Take advantage of the exchange rate - no extra taxes or duties - we send dozens of boats south every year and maintain a separate US dollar trust account and assist with all docs including USCG bill of sale - contact us to learn more.

PLEASE WATCH THE YOUTUBE WALK THROUGH VIDEO IN THE LINK BELOW:

https://www.youtube.com/watch?v=WJE8oI34c-E

Denison Yachting is pleased to assist you in the purchase of this vessel. This boat is centrally listed by Atlantic Yacht Sales.

Denison Yacht Sales offers the details of this yacht in good faith but can’t guarantee the accuracy of this information nor warrant the condition of this boat for sale. This yacht for sale is offered subject to prior sale, price change, or withdrawal from that yacht market without notice. She is offered as a convenience by this yacht broker to its clients and is not intended to convey direct representation of a specific yacht for sale.

INQUIRE ABOUT 54' SEA RAY

Have questions about this yacht? Fill out the form below and our team of experts will contact you soon.

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yacht for sale halifax

First-Time Buyer?

Read our guide to learn the process for buying this 54' Sea Ray

54' Sea Ray HIGHLIGHTS

  • Yacht Details: 54' Sea Ray 2001
  • Location: Halifax, NS, Canada
  • Engines: Caterpillar
  • Last Updated: Jan 18, 2024
  • Asking Price: $394,900
  • Max Draft: 4' 9''

54' Sea Ray additional information

  • Beam: 15' 6''
  • Hull Material: Fiberglass
  • Fuel Tank: 1 x 800|gallon
  • Fresh Water: 1 x 200|gallon
  • Holding: 1 x 68|gallon
  • New VHF radio
  • New mattress for master cabin
  • Replaced two 8D batteries
  • Had new winter canvas made
  • Replaced the clear plastic in the existing canvas
  • Installed new convection / microwave oven
  • Changed all navigation lights
  • Replaced galley fridge
  • Installed teak & holly floor
  • Installed ceramic tile in the galley
  • Installed new Garmin radar
  • Installed AIS transponder
  • Replaced the hot water heater
  • Replaced the fresh water pump
  • Replaced both trim tabs
  • Replaced two more 8D batteries
  • Replaced the central vac motor
  • Replaced the hydraulics for the swim platform
  • Installed new Rocna 50 kg anchor
  • Replaced bridge ice maker and fridge
  • Replaced bridge stereo and illuminated speakers
  • Replaced cockpit illuminated speakers
  • Installed underwater lights
  • Installed new amplifier in bridge
  • Generator sound shield has been professionally repainted to include new sound insulation

54' Sea Ray Vessel Walkthrough

With three big staterooms, an overall length of 55 feet, and a cruising range approaching 400 miles, the 540 CPMY is as well-suited for long-range cruises as she is for luxed-out day tripping. The amenities start way aft where a 4'6"- long swim platform can have chocks for a tender. The platform itself has an 800-pound carrying capacity along with its own hideaway stainless steel ladder. That, combined with the roomy cockpit and bench seating for 4 make the CPMY a great choice for divers and watersports fans seeking out-of-the-way destinations. The cockpit also provides easy access to the well-laid out engine room. The big 660-hp Cat 3196's are separated by a 27"-wide walkway so there's plenty of elbow room in which to work. Meanwhile, a sound-shielded 20-kW genset cranks out enough to power the whole yacht, including all of her air conditioning systems. The big attraction on the 540 (after the fully equipped L-shaped galley) is the sky lounge. This huge C-shaped lounge can seat 7-8 adults and it will be your dining table, card table, library and work table, and its raised perch gives you a good view of the marina or anchorage around you. From this main deck its 7 gently sloping teak-treaded steps up to the flying bridge via a translucent hatch that locks securely. Once up top, the skipper gets the best seat in a single pedestal helm chair surrounded by a curved lounge. A second dining/lounging area with wet bar is abaft that, and way aft our favorite part was the oversized fore/aft-facing bench seat that folds down with the push of a button to create a massive sun pad for three. Underway the 540 bested the elusive 30-mph mark and best cruise will get you nearly 400 miles down the road. So, with three full staterooms and enough floor space to have a full-blown party AND a band on the bridge, the 540 Cockpit Motor Yacht is welcome, versatile addition to the Sea Ray fleet that leaves nothing to be desired in the luxury Motor Yacht class.

Twin 660hp Caterpillar straight drive diesels professionally maintained.

The 20kw Westerbeke diesel generator with sound shield 1930 hours - Plenty of power; run the AC at anchor!

Performance

As per Boattest.com, top speed for the Sea Ray 540 Cockpit Motor Yacht is 30.7 mph, burning 68.4 gallons per hour

Best cruise for the Sea Ray 540 Cockpit Motor Yacht is 19.6 mph and the boat gets 0.51 miles per gallon, giving the boat a cruising range of 369 miles

Features and Upgrades

Factory hardtop with full enclosure Sedan enclosure

Dual helm version Robertson AP Autopilot

Forward looking sonar

Recently installed Garmin 12" MFD's with AIS

New Bridge Icom VHF 

KVH Trac Vision 4

Updated Glendinning Electronic Controls

Flybridge air conditioning Inside stairway to flybridge Upper and lower helm stations

Tilt wheel steering

Maple wood interior

Full beam master stateroom VIP and guest staterooms

Vacu-flush toilets

Central vacuum system

Custom Sunbrella carpet protectors

New Seateak in sedan and bridge

Water filtration system

Deck and Mechanical

Hydraulic swim platform

Bow thruster & Stern Thruster

Reverso Oil Change System (engines, transmissions, generator)

Port side pilothouse sliding door

Remote control anchor windlass

Remote control spotlight

Windshield cover

Cockpit seating with Hi-Lo table

Flybridge AC

Flybridge refrigerator

Abundant flybridge seating and table

Transom door

Swim platform boarding ladder

Large SS sliding cabin entry door

Spare propellers 

Spare prop shaft

Easy maintenance tile galley floor

Built in microwave oven

3 Burner cooktop stove with lid

Schedule a Tour of 54' SEA RAY

Contact our team to schedule a private showing.

SIMILAR YACHTS FOR SALE View All

64' queenship 1999, san diego, ca, us, 64' burger 1965, redondo beach, ca, us, 64' ilver 2003, terracina, lazio, italy, 64' dominator 2005, marbella, es-ma, spain, 64' riviera 2004, 64' nautor swan 1975, marseille, france, 64' sundeer 1994, carriacou, grenada, other sea ray yachts for sale view all, 31' sea ray 2017, lantana, fl, us, 35' sea ray 2010, port severn, on, canada, 45' sea ray 2012, north palm beach, fl, us, 60' sea ray 2005, fort lauderdale, fl, us, 42' sea ray 2005, myrtle beach, sc, us, miss kathryn, 37' sea ray 2008, babylon, ny, us, 40' sea ray 2021, saint clair shores, mi, us, price watch.

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Capital gains changes: Farmers say feds’ latest effort ‘doesn’t go far enough’

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If you get Global News from Instagram or Facebook - that will be changing. Find out how you can still connect with us .

Some Canadian farmers say changes to a federal incentive billed as a method to lower the impact from the capital gains inclusion rate increase “doesn’t go far enough” and are calling on Ottawa to return the inclusion rate for farmers to what it was before this year’s change.

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On Monday, the Department of Finance provided more details on the Canadian Entrepreneurs’ Incentive (CEI), which when first announced in April stated that it would reduce the capital gains inclusion rate by half — to 33 per cent — up to a $2-million limit by the time it was fully rolled out in 2034.

The new change has advanced that to 2029, with incremental increases of $400,000 starting in 2025.

The incentive also only allowed for founders of a business to be eligible, but that’s now been removed and a requirement of holding 10 per cent or more of shares has been reduced to five per cent.

Under Ottawa’s changes, the inclusion rate for taxable capital gains increased from 50 to 67 per cent for individuals realizing more than $250,000 of those gains annually. However, that same increase will also apply to all such gains made by corporations and many trusts.

“It certainly doesn’t go far enough,” Kyle Larkin, executive director of Grain Growers of Canada, told Global News. “It will benefit some farms across Canada, but most farmers aren’t going to see a benefit from it and they’re going to still see a tax increase.”

With many farms in Canada incorporated, the Grain Growers of Canada say while a farmer’s primary residence does not face the capital gains tax on sales, they’ll still face that 67 per cent rate on all gains realized from the sale of farmland.

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To give perspective, Grain Growers calculates that an Alberta farm of about 2,500 acres purchased for $1,385,000 in 1996 could potentially sell for about $17,250,000 in 2023 for a profit of $15,865,000 before taxes.

“But that money isn’t going directly to the farmers,” Larkin said. “They have debts to pay off, a lot of the equipment is leased a lot … so there’s a lot of debts to be paid off before they actually realize a profit from their sale.”

John Oakey, vice-president of taxation with the Chartered Professional Accountants of Canada, told Global News the changes to the CEI are an adjustment to a program put in place to “mitigate the effect” of the capital gains increase.

He said the biggest impact is that more farmers and fishers can apply for the program as the previous requirements included having to have shares in a corporation, something not all farmers may have.

“By opening up the door to farming and fishing property, it better aligns with the criteria used for the capital gains exemption,” he said. “It is broader for them and it should make it more accessible for farming and fishing.”

Oakey added that reducing the phasing-in period to just five years means people will not need to wait until 2034 to access the full $2-million incentive.

“Especially when we’re in a period of time of significant transition between generations of businesses, including farm and fishing property,” he said.

Some organizations are applauding the decision, with the Canadian Federation of Independent Business saying it was pleased with some of the changes, including giving more access to farmers and fishers, as well as adding personal services businesses.

However, it did criticize the decision that not all entrepreneurs have been included, such as restaurant owners or those in the arts.

About 97 per cent of Canada’s farms are owned by families, according to Statistics Canada’s 2016 Census of Agriculture, and Larkin said many want to keep it in the family but the capital gains mean even more stress.

He said young farmers are already facing “millions of dollars” in debt for the transition, but the tax changes will just increase that further.

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