11 Laguna Parkway 26, Ramara

$529,900
11 Laguna Parkway 26

$529,900

New
23d
Condo Townhouse2-Storey

11 Laguna Parkway 26, Ramara

Total Monthly Obligation $3,183

Beds
3
Baths
3
Park
1
Sqft
1200-1399
DOM
23d
Score
17
Yield
5.1%
Cash on Cash
-7.7%
Cap Rate
2.9%
5Y IRR
9.5%
10Y IRR
9.9%
Property Type-Condo Townhouse
MLS® Number-S13845628
Beds-3
Bathrooms-3
Size-1200-1399 sqft
Listed on site-Sep 30, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$3,329.9 (2026)
Maintenance-$568/mo
Locker-None
Parking-1 - None
Basement-Crawl Space
Heating-Baseboard (Electric)
Brokerage-REVEL REALTY INC.
Cooling-Wall Unit(s)
Laundry-No
Fireplace-Electric
Pool-None
Exterior-Aluminum Siding
Possession-Flexible
Neighbourhood-Rural Ramara
Title-Residential Condo & Other

No agent assigned

Enjoy waterfront living at 11 Laguna Parkway, Unit 26, a well maintained condo townhouse offering three spacious bedrooms and three full bathrooms in Lagoon City. A lovely front garden welcomes you inside, where a convenient main-floor bedroom features semi-ensuite access to a full bathroom with a tub. The spacious kitchen offers white cabinetry, generous counter space, pot and pan drawers and stainless steel appliances. The inviting and bright open concept living and dining area features an electric fireplace and large glass sliding doors showcasing peaceful canal views. Step onto the rear deck, perfect for morning coffee, summer barbecues and entertaining by the water. With no immediate neighbours directly behind, enjoy added privacy and a relaxing waterfront setting. Your own boat slip is just steps away, ready for leisurely cruises through the canals to Lake Simcoe and days exploring the open water. Upstairs, the primary suite offers two closets and a private four-piece ensuite. Down the hall, a comfortable third bedroom with convenient access to another full bathroom provides comfort for family and guests. A spacious second floor laundry room provides extra cabinetry and storage. Heat pump units on both levels offer heating and air conditioning. Enjoy the condominium pool, a designated parking space and ample visitor parking, with exterior maintenance handled by the condo corporation. Lagoon City's private resident beaches and scenic waterways offer a relaxed lifestyle approximately 90 minutes from the GTA. Whether you're seeking a full-time home or weekend retreat, spend more time enjoying the water and less time on upkeep.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$423,920
Land Transfer Taxes$7,073
Legal Fees (Est.)
$
Total cash required for closing$114,553

Total Monthly Obligation

$3,183/mo
Mortgage $2,137
Monthly Loss $2,620
Principal$562
Interest$1,575
Property Tax$277
Condo Fees$568
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.1%0
5-Year IRR
6.3%15
10-Year IRR
7.9%
Returns Index
9.0/ 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
$27,120/yr
NOI
$11,862/yr
Net Cash Flow
-$1,149/mo
Cash Margin
-50.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.464
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo51
Risk Index
24.3/ 100

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

Comparables

Properties near 11 Laguna Parkway 26

Time

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