375 Sea Ray Avenue 106, Innisfil

$435,000
375 Sea Ray Avenue 106

$435,000

Price Change
25d
Condo ApartmentApartment

375 Sea Ray Avenue 106, Innisfil

Total Monthly Obligation $2,709

Beds
1
Baths
1
Park
1
Sqft
600-699
DOM
25d
Score
18
Yield
5.3%
Cash on Cash
-7.8%
Cap Rate
2.9%
5Y IRR
9.5%
10Y IRR
9.8%
Property Type-Condo Apartment
MLS® Number-N13833440
Beds-1
Bathrooms-1
Size-600-699 sqft
Listed on site-Sep 28, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,185.84 (2025)
Maintenance-$488.85/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-FIRST CLASS REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Hardboard
Possession-Immediately
Neighbourhood-Rural Innisfil
Title-Residential Condo & Other

No agent assigned

Welcome to Friday Harbour! This beautifully appointed ground-floor 1-bedroom residence at 375Sea Ray Avenue Unit #106, offers the perfect blend of luxury, comfort and resort living. Soaring 10-foot ceilings, an open-concept layout and an abundance of natural light create a bright and inviting space. Enjoy the convenience of a private walk-out to your patio withwest-facing exposure, perfect for morning coffee, relaxing afternoons and beautiful sunsets. Experience everything Friday Harbour has to offer, including the marina, boardwalk, restaurants, shops, nature trails, beautiful golf courses, beach club and year-round recreation, all within the resort community. Residents also enjoy exceptional amenities including a pool, BBQ area, fire pit and party room. An added opportunity for investors or those seeking flexibility, this residence has been used as an Airbnb/short-term rental and can continue to be used in this manner. Whether you're looking for a stylish full-time residence, a weekend getaway or an investment opportunity, this property offers incredible versatility. The residence may be purchased furnished or unfurnished, allowing you to move in and enjoy the Friday Harbour lifestyle right away. A beautiful home, an incredible resort lifestyle and the flexibility to make it your own.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$348,000
Land Transfer Taxes$5,175
Legal Fees (Est.)
$
Total cash required for closing$93,675

Total Monthly Obligation

$2,709/mo
Mortgage $1,755
Monthly Loss $2,247
Principal$462
Interest$1,293
Property Tax$265
Condo Fees$489
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.1%13
Cash-on-Cash
-12.6%0
5-Year IRR
6.0%14
10-Year IRR
7.7%
Returns Index
8.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$23,004/yr
NOI
$9,252/yr
Net Cash Flow
-$984/mo
Cash Margin
-51.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.444
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo61
Risk Index
27.7/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 375 Sea Ray Avenue 106

Time

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Data last updated within the past 24 hours.