1 Paradise Boulevard Unit 14, Ramara

$389,000
1 Paradise Boulevard Unit 14

$389,000

New
14d
Condo Townhouse2-Storey

1 Paradise Boulevard Unit 14, Ramara

Total Monthly Obligation $2,594

Beds
2
Baths
2
Park
1
Sqft
1000-1199
DOM
14d
Score
18
Yield
6.1%
Cash on Cash
-6.2%
Cap Rate
3.3%
5Y IRR
10.7%
10Y IRR
10.8%
Property Type-Condo Townhouse
MLS® Number-S13884586
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Lot Size-78770.22 SquareFeet
Listed on site-Oct 9, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-31-50
Taxes-$2,147.33 (2026)
Maintenance-$645.59/mo
Locker-None
Parking-1 - None
Basement-None
Heating-Baseboard (Electric)
Brokerage-CENTURY 21 B.J. ROTH REALTY LTD.
Cooling-Wall Unit(s)
Laundry-No
Fireplace-No
Pool-None
Exterior-Stucco (Plaster)
Roof-Flat
Foundation-Piers
Possession-TBA
Neighbourhood-Rural Ramara
Title-Residential Condo & Other

No agent assigned

Own a True Four-Season Waterfront Retreat. Don't Miss this Chance to Own a Affordable Piece of Paradise. This Waterfront Condominium Showcases Views of Harbour Lagoon and Lake Simcoe, the Perfect Backdrop for Year-Round Lakeside Living. 2-Bedroom, 2-Storey Retreat on Paradise Blvd Offers Direct Access to Lake Simcoe. Inside, a Beautifully Modern Design, Bright, Open Layout that lets the Calm flow into Your Living Space. Autumn Arrives with Glowing Colours, Crisp Morning Air Over the Lake and Quiet Evenings by the Water. This is Waterfront Living that Doesn't Close for the Season. Enjoy a Richly Active Lifestyle with Access to LCCA Community Centre, Scenic Ramara Walking Trails, Private Beach, Year-Round Fishing, Restaurants, Grand Harbour Marina, the LC Yacht Club, Pickleball. Outdoor Enthusiasts will Love the Options - Stand-Up Paddle-Boarding, Kayaking to Snowshoeing, Snowmobiling, Kiteboarding, and More. Located 1.5 hours from Toronto and 25 minutes from Orillia. Act Now and "Start Living Lakeside Today."

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

Closing Costs

Mortgage Amount
$311,200
Land Transfer Taxes$4,310
Legal Fees (Est.)
$
Total cash required for closing$83,610

Total Monthly Obligation

$2,594/mo
Mortgage $1,569
Monthly Loss $2,181
Principal$413
Interest$1,156
Property Tax$179
Condo Fees$646
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.5%0
5-Year IRR
6.9%18
10-Year IRR
8.4%
Returns Index
10.1/ 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
$23,880/yr
NOI
$9,198/yr
Net Cash Flow
-$803/mo
Cash Margin
-40.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.495
LTV Ratio
80.0%18
Vacancy Buffer
3.7 mo64
Risk Index
28.9/ 100

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

Comparables

Properties near 1 Paradise Boulevard Unit 14

Time

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Data last updated within the past 24 hours.