117 Sladden Court 5, Blue Mountains

$1,199,000
117 Sladden Court 5

$1,199,000

New
2d
Condo Townhouse3-Storey

117 Sladden Court 5, Blue Mountains

Total Monthly Obligation $6,085

Beds
3
Baths
5
Park
2
Sqft
2500-2749
DOM
2d
Score
16
Yield
4.0%
Cash on Cash
-8.4%
Cap Rate
2.8%
5Y IRR
9.0%
10Y IRR
9.5%
Property Type-Condo Townhouse
MLS® Number-X14102130
Beds-3
Bathrooms-5
Size-2500-2749 sqft
Listed on site-Oct 21, 2026
Style-3-Storey
Building Type-Condo Townhouse
Taxes-$5,771 (2025)
Maintenance-$568/mo
Locker-None
Parking-4 - Attached
Basement-None
Heating-Forced Air (Gas)
Brokerage-Royal LePage Locations North
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Exterior-Aluminum Siding, Brick
Possession-Immediate
Neighbourhood-Blue Mountains
Title-Residential Condo & Other

No agent assigned

Discover four-season living in this beautifully appointed end-unit townhome in The Sands at Lora Bay. Filled with natural light and thoughtfully designed, this spacious townhouse offers flexible living, multiple outdoor spaces and a low-maintenance lifestyle just minutes from Thornbury's shops and restaurants.The entry level features a versatile bedroom with walk-in closet and 3-piece bath, ideal for guests or a home office, plus generous storage and inside access to the double-car garage. On the main living level, an inviting open-concept living room with gas fireplace opens to a balcony featuring Bay views. The kitchen features a breakfast bar and flows into the dining area with access to a second balcony, perfect for morning coffee. A powder room completes this floor.Upstairs, the primary suite offers a 5-piece ensuite with freestanding tub, glass shower with bench and double vanity. A second bedroom has its own 4-piece ensuite, walk-in closet and private balcony. A Laundry room is conveniently located on this level.A standout feature is the fourth-floor loft: a flexible retreat for entertaining, complete with a 2-piece bath and two expansive balconies on opposite sides from which to enjoy the sunrise and sunset. Enjoy outdoor living, fresh air and glimpses of Georgian Bay and the golf course.Lora Bay offers golf, dining and beach access, with skiing, cycling, hiking and the attractions of Southern Georgian Bay nearby. An exceptional opportunity for a full-time residence or weekend escape. Monthly condo fee: $568. Some images have been virtually staged.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$959,200
Land Transfer Taxes$20,455
Legal Fees (Est.)
$
Total cash required for closing$261,755

Total Monthly Obligation

$6,085/mo
Mortgage $4,836
Monthly Loss $4,813
Principal$1,273
Interest$3,564
Property Tax$481
Condo Fees$568
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.6%0
5-Year IRR
6.5%16
10-Year IRR
7.9%
Returns Index
9.5/ 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
$48,000/yr
NOI
$28,213/yr
Net Cash Flow
-$2,485/mo
Cash Margin
-62.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.494
LTV Ratio
80.0%18
Vacancy Buffer
1.6 mo24
Risk Index
15.7/ 100

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

Comparables

Properties near 117 Sladden Court 5

Time

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