415 Sea Ray Avenue 205, Innisfil

$569,000
415 Sea Ray Avenue 205

$569,000

New
10d
Condo ApartmentApartment

415 Sea Ray Avenue 205, Innisfil

Total Monthly Obligation $2,932

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
900-999
DOM
10d
Score
22
Yield
5.6%
Cash on Cash
-0.9%
Cap Rate
4.4%
5Y IRR
14.9%
10Y IRR
14.1%
Property Type-Condo Apartment
MLS® Number-N14033162
Beds-2
Bathrooms-2
Size-900-999 sqft
Listed on site-Oct 13, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,787.93 (2026)
Maintenance-$204.07/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

Don't miss out on this incredible chance to experience High Point living at Friday Harbour! This stunning 2-bedroom,2-bathroom condo boasts a split bedroom layout and has been meticulously upgraded. Revel in upgraded laminate flooring, a sleek kitchen featuring a waterfall island, and full-size appliances. Enjoy upgraded bathrooms and floor-to-ceiling windows that flood the space with natural light. Just minutes away from the marina, beach, 18-hole golf course, fitness centre, resort pools, shops, and restaurants. Friday Harbour even offers shuttle services for added convenience. The building amenities include an outdoor pool, courtyard, hot tub, and a beautiful party room.

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

Closing Costs

Mortgage Amount
$455,200
Land Transfer Taxes$7,855
Legal Fees (Est.)
$
Total cash required for closing$123,155

Total Monthly Obligation

$2,932/mo
Mortgage $2,295
Monthly Loss $2,328
Principal$604
Interest$1,691
Property Tax$232
Condo Fees$204
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.7%24
Cash-on-Cash
-5.4%2
5-Year IRR
11.4%46
10-Year IRR
11.7%
Returns Index
23.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$31,800/yr
NOI
$20,983/yr
Net Cash Flow
-$547/mo
Cash Margin
-20.6%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7612
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo55
Risk Index
28.6/ 100

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

Comparables

Properties near 415 Sea Ray Avenue 205

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.