333 Sea Ray Avenue D315, Innisfil

$349,000
333 Sea Ray Avenue D315

$349,000

New
24d
Condo ApartmentApartment

333 Sea Ray Avenue D315, Innisfil

Total Monthly Obligation $2,469

Bed+Den
2+1
Baths
1
Park
1
Sqft
600-699
DOM
24d
Score
18
Yield
6.6%
Cash on Cash
-6.1%
Cap Rate
3.3%
5Y IRR
10.8%
10Y IRR
10.8%
Property Type-Condo Apartment
MLS® Number-N13840558
Bed+Den-2+1
Bathrooms-1
Size-600-699 sqft
Listed on site-Sep 29, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,421.37 (2026)
Maintenance-$576.39/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX REALTRON REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-TBA/ASAP
Neighbourhood-Rural Innisfil
Title-Residential Condo & Other

No agent assigned

****Beautifully Maintained 1+1 with Huge Terrace at Friday Harbour*** Welcome to this spacious and stylish 1+1 condo in the exclusive Friday Harbour Resort. Offering over 600 sqft of open-concept living, the suite features a modern kitchen with quartz countertops, stainless steel appliances, and seamless flow into the living room. Step outside to an expansive 25' x 7' terrace, perfect for dining, lounging, and enjoying the resort atmosphere. The versatile den easily converts into a second bedroom or home office, making the layout both functional and flexible. The unit comes fully furnished, including patio furniture just move in and start relaxing. Located steps from the marina, beach, shops, and restaurants, this condo places you at the heart of the action. Enjoy year-round activities including festivals, watersports, hiking, biking, and nature walks. In the winter, take advantage of the resorts skating rink with heated igloos, where you can warm up with hot chocolate after a skate. A perfect retreat for comfort, style, and the unparalleled Friday Harbour lifestyle. **EXTRAS** Club fees $192.16/month. Resort fee $1,292.10/year. Buyer to pay one-time resort entry fee of2% of purchase price + HST to Friday Harbour Resort

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

Closing Costs

Mortgage Amount
$279,200
Land Transfer Taxes$3,710
Legal Fees (Est.)
$
Total cash required for closing$75,010

Total Monthly Obligation

$2,469/mo
Mortgage $1,408
Monthly Loss $2,099
Principal$370
Interest$1,037
Property Tax$285
Condo Fees$576
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.3%14
Cash-on-Cash
-11.8%0
5-Year IRR
6.7%17
10-Year IRR
8.4%
Returns Index
9.7/ 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
$23,052/yr
NOI
$8,009/yr
Net Cash Flow
-$740/mo
Cash Margin
-38.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.474
LTV Ratio
80.0%18
Vacancy Buffer
3.9 mo67
Risk Index
29.9/ 100

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

Comparables

Properties near 333 Sea Ray Avenue D315

Time

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Data last updated within the past 24 hours.