375 Sea Ray Avenue 315, Innisfil

$474,000
375 Sea Ray Avenue 315

$474,000

Price Change
7d
Condo ApartmentApartment

375 Sea Ray Avenue 315, Innisfil

Total Monthly Obligation $3,096

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
800-899
DOM
7d
Score
18
Yield
6.3%
Cash on Cash
-5.3%
Cap Rate
3.5%
5Y IRR
11.4%
10Y IRR
11.3%
Property Type-Condo Apartment
MLS® Number-N14089428
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Oct 16, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$4,176 (2025)
Maintenance-$636.3/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX REALTRON REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Aluminum Siding
Possession-TBA/ASAP
Neighbourhood-Rural Innisfil
Title-Residential Condo & Other

No agent assigned

Rare Opportunity to Own in Aquarius with Stunning Marina Views! This 2-bedroom, 2-bath Taurus Model (820 sq ft) at Friday Harbour's premier Aquarius building offers a split-bedroom layout, gourmet kitchen with high-end appliances and pantry, and a spacious balcony overlooking the marina. Enjoy resort-style living with access to the Beach Club, Lake Club, 200-acre Nature Preserve, award-winning golf course, marina, boardwalk shops and restaurants, fitness centre, and year-round activities from skating and hiking to kayaking and paddleboarding. A perfect blend of luxury, lifestyle, and location! ***EXTRAS*** Lifestyle Investment: Condo fees $636.30/month. Club Fees $224.97/month. Resort Fee $1,746.53/year. Buyer to pay One Time Resort Fee of 2% of Purchase Price + HST

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

Closing Costs

Mortgage Amount
$379,200
Land Transfer Taxes$5,955
Legal Fees (Est.)
$
Total cash required for closing$102,255

Total Monthly Obligation

$3,096/mo
Mortgage $1,912
Monthly Loss $2,593
Principal$503
Interest$1,409
Property Tax$348
Condo Fees$636
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.6%16
Cash-on-Cash
-10.3%1
5-Year IRR
7.8%22
10-Year IRR
9.1%
Returns Index
12.3/ 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
$29,664/yr
NOI
$12,486/yr
Net Cash Flow
-$871/mo
Cash Margin
-35.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.546
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo52
Risk Index
25.3/ 100

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

Comparables

Properties near 375 Sea Ray Avenue 315

Time

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Data last updated within the past 24 hours.