415 Sea Ray Avenue 403, Innisfil

$549,900
415 Sea Ray Avenue 403

$549,900

New
16d
Condo ApartmentApartment

415 Sea Ray Avenue 403, Innisfil

Total Monthly Obligation $3,394

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
800-899
DOM
16d
Score
17
Yield
5.4%
Cash on Cash
-7.3%
Cap Rate
3.0%
5Y IRR
9.8%
10Y IRR
10.1%
Property Type-Condo Apartment
MLS® Number-N13873968
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Oct 7, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$4,556.43 (2025)
Maintenance-$595.8/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX REALTY SERVICES INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-TBD
Neighbourhood-Rural Innisfil
Title-Residential Condo & Other

No agent assigned

Experience Resort-Style Living In This Beautifully Upgraded 2 Bedroom, 2 Bathroom Unit Offering Approximately 820 Sq Ft Of Functional Living Space Plus Terrace In The Highly Sought-After Friday Harbour Community. Featuring A Spacious Open-Concept Layout With High Ceilings, Modern Finishes & Extensive Upgrades Throughout. Gourmet Kitchen Perfect For Everyday Living & Entertaining. Generously Sized Bedrooms Designed For Comfort & Convenience. Enjoy Easy Private Balcony Ideal For Relaxation. Located Just Steps To The Marina, Boutique Shopping, Restaurants, Walking Trails & Endless Outdoor Activities. A Perfect Opportunity To Enjoy Luxury Waterfront Living With Access To Exceptional Lifestyle Amenities In One Of Ontario's Premier Resort Communities.

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

Closing Costs

Mortgage Amount
$439,920
Land Transfer Taxes$7,473
Legal Fees (Est.)
$
Total cash required for closing$118,953

Total Monthly Obligation

$3,394/mo
Mortgage $2,218
Monthly Loss $2,810
Principal$584
Interest$1,634
Property Tax$380
Condo Fees$596
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.3%14
Cash-on-Cash
-11.8%0
5-Year IRR
6.6%16
10-Year IRR
8.1%
Returns Index
9.5/ 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
$12,656/yr
Net Cash Flow
-$1,163/mo
Cash Margin
-47.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.484
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo47
Risk Index
23.1/ 100

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

Comparables

Properties near 415 Sea Ray Avenue 403

Time

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Data last updated within the past 24 hours.