415 Sea Ray Avenue 431, Innisfil

$548,000
415 Sea Ray Avenue 431

$548,000

New
22d
Condo ApartmentApartment

415 Sea Ray Avenue 431, Innisfil

Total Monthly Obligation $3,356

Beds
2
Baths
2
Park
1
Sqft
800-899
DOM
22d
Score
17
Yield
5.4%
Cash on Cash
-7.0%
Cap Rate
3.1%
5Y IRR
10.1%
10Y IRR
10.3%
Property Type-Condo Apartment
MLS® Number-N13850764
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Oct 1, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$4,473.15 (2025)
Maintenance-$572.33/mo
Locker-Ensuite+Exclusive
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP-ADMIRAL REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Roof-Other
Foundation-Other
Possession-60-89 days
Neighbourhood-Rural Innisfil
Title-Residential Condo & Other

No agent assigned

WELCOME TO RESORT-STYLE LIVING AT FRIDAY HARBOUR! 415 Sea Ray Ave, Unit 431. Escape the hustle and bustle of the city and step into your own private retreat at Friday Harbour! This stunning condo offers breathtaking views overlooking the outdoor in ground pool, along with a bright, sun-filled interior and a spacious balcony-this perfect place to relax, unwind, and enjoy the resort lifestyle. Property Highlights: Modern chef-inspired kitchen. Elegant quartz countertops. Centre-hall floor plan with bedrooms thoughtfully positioned on either side. 2 luxurious, spa-inspired bathrooms. Soaring 10-foot ceilings. Floor-to-ceiling picture windows. Bright, open-concept living space. Private balcony with beautiful views. Resort-style amenities and grounds. Friday Harbour is truly a gem, surrounded by beautiful natural landscapes, an incredible golf course, waterfront experiences, and so much more. Whether you're looking for a peaceful getaway, a weekend escape, or a place to enjoy resort-style living year-round. Unit 431 is ready to impress. Come see tis dreamy condo for yourself!

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$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$438,400
Land Transfer Taxes$7,435
Legal Fees (Est.)
$
Total cash required for closing$118,535

Total Monthly Obligation

$3,356/mo
Mortgage $2,210
Monthly Loss $2,774
Principal$582
Interest$1,629
Property Tax$373
Condo Fees$572
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.5%0
5-Year IRR
6.8%17
10-Year IRR
8.3%
Returns Index
10.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$29,736/yr
NOI
$13,021/yr
Net Cash Flow
-$1,125/mo
Cash Margin
-45.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.495
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo47
Risk Index
23.4/ 100

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

Comparables

Properties near 415 Sea Ray Avenue 431

Time

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Data last updated within the past 24 hours.