11 Laguna Parkway 4, Ramara

$299,900
11 Laguna Parkway 4

$299,900

New
23d
Condo Townhouse1 Storey/Apt

11 Laguna Parkway 4, Ramara

Total Monthly Obligation $2,179

Beds
1
Baths
1
Park
1
Sqft
600-699
DOM
23d
Score
17
Yield
5.0%
Cash on Cash
-13.9%
Cap Rate
1.6%
5Y IRR
4.8%
10Y IRR
6.3%
Property Type-Condo Townhouse
MLS® Number-S13852222
Beds-1
Bathrooms-1
Size-600-699 sqft
Listed on site-Sep 30, 2026
Style-1 Storey/Apt
Building Type-Condo Townhouse
Age-31-50
Taxes-$2,421.01 (2025)
Maintenance-$568/mo
Locker-Exclusive
Parking-1 - None
Basement-None
Heating-Baseboard (Electric)
Brokerage-RE/MAX HALLMARK PEGGY HILL GROUP REALTY
Cooling-None
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Vinyl Siding
Possession-Flexible
Neighbourhood-Brechin
Title-Residential Condo & Other

No agent assigned

SKIP THE COTTAGE UPKEEP WITH THIS LOW-MAINTENANCE WATERFRONT CONDO, COMPLETE WITH PRIVATE BOAT MOORING RIGHT IN YOUR BACKYARD! This ground-floor Lagoon City condo puts the water right outside your door, with a private patio overlooking the canal and direct access to Lake Simcoe through the community's interconnected waterways. Keep your boat moored out back, head out for a paddle or spend the afternoon fishing, then come home without ever dealing with the maintenance that comes with a traditional cottage property. Oversized sliding glass doors keep the canal in view from the open-concept living area, while the wood-burning fireplace makes cooler days feel made for curling up with a good book, watching the water and settling in for a quiet afternoon by the fire. The kitchen features white shaker cabinetry and a movable island that can shift between extra prep space and casual seating, while the generous bedroom, 4-piece bathroom and in-suite laundry keep things simple and easy to enjoy. A private parking space and exclusive storage locker add useful room for seasonal gear, and the Lagoon City lifestyle extends beyond your own patio with access to two private beaches, a shared in-ground pool, tennis and pickleball courts, canoe racks, the community centre, Yacht Club, marina and nearby dining. With Orillia approximately 20 minutes away, this is an attainable way to own waterfront, keep your boat close and spend your weekends actually enjoying the water instead of working on the property.

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

Closing Costs

Mortgage Amount
$239,920
Land Transfer Taxes$2,974
Legal Fees (Est.)
$
Total cash required for closing$64,454

Total Monthly Obligation

$2,179/mo
Mortgage $1,210
Monthly Loss $1,861
Principal$318
Interest$891
Property Tax$202
Condo Fees$568
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
0.7%6
Cash-on-Cash
-19.5%0
5-Year IRR
0.9%3
10-Year IRR
4.1%
Returns Index
2.7/ 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
$15,096/yr
NOI
$1,949/yr
Net Cash Flow
-$1,047/mo
Cash Margin
-83.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.131
LTV Ratio
80.0%18
Vacancy Buffer
4.5 mo76
Risk Index
31.9/ 100

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

Comparables

Properties near 11 Laguna Parkway 4

Time

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Data last updated within the past 24 hours.