121 Mary Street 316, Clearview

$499,000
121 Mary Street 316

$499,000

New
32d
Condo Apartment1 Storey/Apt

121 Mary Street 316, Clearview

Total Monthly Obligation $3,162

Beds
2
Baths
2
Park
1
Sqft
1000-1199
DOM
32d
Score
17
Yield
5.4%
Cash on Cash
-8.1%
Cap Rate
2.8%
5Y IRR
9.2%
10Y IRR
9.6%
Property Type-Condo Apartment
MLS® Number-S13810562
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Sep 21, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-0-5
Taxes-$5,024.28 (2026)
Maintenance-$530.31/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-Sotheby's International Realty Canada
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Immediate
Neighbourhood-Creemore
Title-Residential Condo & Other

No agent assigned

Brand-new condo living in the heart of Creemore! This beautifully designed 2-bedroom, 2-bathroom suite offers approximately 1,020 sq. ft. of bright, thoughtfully planned living space with modern finishes and an easy, low-maintenance lifestyle. The open-concept kitchen, dining, and living area is ideal for everyday living and entertaining, with large windows that bring in plenty of natural light. Step outside to the spacious private balcony overlooking mature trees, offering a peaceful backdrop and wonderful sense of privacy. The primary bedroom features a private ensuite, while the second bedroom offers convenient semi-ensuite access to the second full bathroom-an ideal layout for guests, a home office or additional living space. A separate in-suite laundry room adds everyday convenience. Enjoy the comfort of indoor parking and a storage locker, along with visitor parking for family and friends. Building amenities include an elevator, fitness room, party room and outdoor gazebo, allowing you to enjoy the benefits of condo living without sacrificing comfort or convenience. Located just steps from Creemore's charming downtown, enjoy an easy stroll to cafés, restaurants, shops, galleries, the farmers' market and everyday amenities. Surrounded by beautiful countryside and four-season recreation, this is an ideal opportunity for those looking to downsize, simplify, or enjoy a weekend retreat. Lock the door and go, travel with ease, and come home to one of Southern Georgian Bay's most welcoming village communities.

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

Closing Costs

Mortgage Amount
$399,200
Land Transfer Taxes$6,455
Legal Fees (Est.)
$
Total cash required for closing$107,755

Total Monthly Obligation

$3,162/mo
Mortgage $2,013
Monthly Loss $2,632
Principal$530
Interest$1,483
Property Tax$419
Condo Fees$530
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.1%12
Cash-on-Cash
-12.7%0
5-Year IRR
5.9%14
10-Year IRR
7.6%
Returns Index
8.2/ 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
$27,000/yr
NOI
$10,512/yr
Net Cash Flow
-$1,137/mo
Cash Margin
-50.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.444
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo51
Risk Index
24.3/ 100

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

Comparables

Properties near 121 Mary Street 316

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.