289 Broward Way 82, Innisfil

$649,000
289 Broward Way 82

$649,000

New
3d
Condo ApartmentApartment

289 Broward Way 82, Innisfil

Total Monthly Obligation $4,101

Beds
1
Baths
1
Park
1
Sqft
1000-1199
DOM
3d
Score
16
Yield
5.1%
Cash on Cash
-9.7%
Cap Rate
2.5%
5Y IRR
8.0%
10Y IRR
8.7%
Property Type-Condo Apartment
MLS® Number-N14102204
Beds-1
Bathrooms-1
Size-1000-1199 sqft
Listed on site-Oct 20, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$6,913.32 (2026)
Maintenance-$707.21/mo
Locker-None
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

Discover four-season resort living in this bright and spacious 1,200 sq. ft. corner Boardwalk townhome at Friday Harbour. Featuring 2 bedrooms, 2.5 bathrooms, expansive windows with custom shades and exceptional indoor-outdoor living, this inviting three-storey residence offers the perfect blend of comfort and resort-style sophistication. The second floor features an open-concept living and dining area and kitchen, with access to a large private terrace-ideal for morning coffee, entertaining or relaxing outdoors. Upstairs, the spacious primary bedroom boasts a private ensuite with walk-in closet custom cabinetry, while the second bedroom features its own private balcony overlooking the marina. Enjoy Friday Harbour's vibrant village atmosphere, with waterfront dining, cafés, specialty food shops and boutiques. Take advantage of homeowner amenities, including the Lake Club fitness centre, outdoor pool and hot tubs, and the Beach Club Pool. Stroll the picturesque waterfront promenades, explore the full-service marina, or enjoy boating and watersports on Lake Simcoe. Golf enthusiasts will appreciate The Nest, an 18-hole championship golf course, while nature lovers can explore the nearby Nature Preserve and scenic trails. From summer boating and beach days to autumn hikes and winter recreation, Friday Harbour offers an exceptional four-season lifestyle. Whether you're seeking a weekend retreat, vacation property or year-round residence, this desirable Boardwalk corner townhome is your opportunity to enjoy resort living at its best. *** EXTRAS: Buyer to pay the following fees: Friday Harbour Maintenance Fee: $707.21/month; Friday Harbour Association Fee: $230.60/month; Yearly Resort Fee: $2,539.35/year.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$519,200
Land Transfer Taxes$9,455
Legal Fees (Est.)
$
Total cash required for closing$140,755

Total Monthly Obligation

$4,101/mo
Mortgage $2,618
Monthly Loss $3,412
Principal$689
Interest$1,929
Property Tax$576
Condo Fees$707
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.9%11
Cash-on-Cash
-13.8%0
5-Year IRR
5.1%11
10-Year IRR
7.0%
Returns Index
6.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$33,252/yr
NOI
$12,127/yr
Net Cash Flow
-$1,607/mo
Cash Margin
-58.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.393
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo37
Risk Index
19.6/ 100

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

Comparables

Properties near 289 Broward Way 82

Time

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