415 Sea Ray Avenue 354, Innisfil

$399,000
415 Sea Ray Avenue 354

$399,000

New
15d
Condo ApartmentApartment

415 Sea Ray Avenue 354, Innisfil

Total Monthly Obligation $2,790

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
800-899
DOM
15d
Score
20
Yield
7.4%
Cash on Cash
-2.4%
Cap Rate
4.1%
5Y IRR
13.7%
10Y IRR
13.1%
Property Type-Condo Apartment
MLS® Number-N13882214
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Oct 8, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$4,485.05 (2025)
Maintenance-$606.37/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX REALTRON REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-TBA/ASAP
Neighbourhood-Rural Innisfil
Title-Residential Condo & Other

No agent assigned

Experience refined living in this beautifully appointed suite in the newly built High Point building at Friday Harbour Resort. This 2-bedroom, 2-bathroom residence offers a thoughtfully designed layout with over 800 square feet of stylish, comfortable living space. Enjoy east-facing exposure with natural morning light pouring in, creating a bright and inviting atmosphere throughout. Designed for both comfort and entertaining, the open-concept layout seamlessly connects the living, dining, and kitchen spaces with modern finishes and effortless flow. Beyond your door, step into one of Ontario's most sought-after resort communities. Friday Harbour offers a true four-season lifestyle-from the vibrant boardwalk lined with restaurants, cafes, and boutique shops, to the marina, beach, and Lake Club. Stay active with golf at The Nest, tennis, pickleball, fitness facilities, and scenic nature trails, or enjoy water activities including boating, paddleboarding, and kayaking. In the winter, experience skating, cross-country skiing, and year-round wellness amenities. A rare opportunity to enjoy luxury, lifestyle, and convenience in one exceptional setting. **EXTRAS** Lifestyle Investment: Lake Club Fee $216.32/Month, Annual Fee $1704.94/Year. Buyer to pay 2% plus HST FH association fee

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$319,200
Land Transfer Taxes$4,460
Legal Fees (Est.)
$
Total cash required for closing$85,760

Total Monthly Obligation

$2,790/mo
Mortgage $1,609
Monthly Loss $2,366
Principal$424
Interest$1,186
Property Tax$374
Condo Fees$606
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.1%1
5-Year IRR
9.6%33
10-Year IRR
10.6%
Returns Index
17.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$29,484/yr
NOI
$12,374/yr
Net Cash Flow
-$578/mo
Cash Margin
-23.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo59
Risk Index
28.3/ 100

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

Comparables

Properties near 415 Sea Ray Avenue 354

Time

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Data last updated within the past 24 hours.