301 Sea Ray Avenue Unit #415, Innisfil

$349,900
301 Sea Ray Avenue Unit #415

$349,900

New
18d
Condo ApartmentApartment

301 Sea Ray Avenue Unit #415, Innisfil

Total Monthly Obligation $2,392

HausQ Valuation Report
Beds
1
Baths
1
Park
0
Sqft
500-599
DOM
18d
Score
19
Yield
6.6%
Cash on Cash
-4.9%
Cap Rate
3.5%
5Y IRR
11.7%
10Y IRR
11.6%
Property Type-Condo Apartment
MLS® Number-N13861702
Beds-1
Bathrooms-1
Size-500-599 sqft
Listed on site-Oct 5, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,148.66 (2026)
Maintenance-$518.58/mo
Locker-Exclusive
Parking-Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-COLDWELL BANKER THE REAL ESTATE CENTRE
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-Rural Innisfil
Title-Residential Condo & Other

No agent assigned

Welcome to Friday Harbour! This is your chance to enter this summer, waterfront, resort-style living community at a very attractive price point! It's eastern exposure, combined with floor to ceiling windows, provides loads of natural light to start your day. Enjoy your morning coffee on the balcony before your beach day begins! The open concept main area includes a kitchen boasting an eat-in breakfast bar, stylish cabinetry and seamless entry to the main common area which extends right outside onto the east facing balcony. The bedroom offers ample room to be finished to your taste. This suite comes complete with a stylish 4-piece bathroom and a full sized laundry closet as well. Located just steps from all that Friday Harbour has to offer, the location of this within the community is fabulous. The marina, shops, restaurants, the beach, biking, hiking trails, golf...all just steps from your door. This suite also offers exclusive use of its own rooftop patio with BBQ access.

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

Closing Costs

Mortgage Amount
$279,920
Land Transfer Taxes$3,724
Legal Fees (Est.)
$
Total cash required for closing$75,204

Total Monthly Obligation

$2,392/mo
Mortgage $1,411
Monthly Loss $2,021
Principal$371
Interest$1,040
Property Tax$262
Condo Fees$519
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.6%1
5-Year IRR
7.6%21
10-Year IRR
9.0%
Returns Index
11.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$23,028/yr
NOI
$8,954/yr
Net Cash Flow
-$665/mo
Cash Margin
-34.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.535
LTV Ratio
80.0%18
Vacancy Buffer
4.0 mo69
Risk Index
30.9/ 100

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

Comparables

Properties near 301 Sea Ray Avenue Unit #415

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.