271 Sea Ray Avenue B103, Innisfil

$349,000
271 Sea Ray Avenue B103

$349,000

New
8d
Condo ApartmentApartment

271 Sea Ray Avenue B103, Innisfil

Total Monthly Obligation $2,367

Beds
1
Baths
1
Park
1
Sqft
500-599
DOM
8d
Score
21
Yield
7.1%
Cash on Cash
-2.4%
Cap Rate
4.1%
5Y IRR
13.7%
10Y IRR
13.1%
Property Type-Condo Apartment
MLS® Number-N14082138
Beds-1
Bathrooms-1
Size-500-599 sqft
Listed on site-Oct 15, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,950 (2025)
Maintenance-$513.36/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-Board & Batten
Possession-TBA/ASAP
Neighbourhood-Rural Innisfil
Title-Residential Condo & Other

No agent assigned

***Ground-Floor Harbour Flat with Private Yard | Steps to the Boardwalk*** A rare ground-floor Harbour Flat with direct walkout to a spacious private yard, perfectly positioned in the courtyard just steps from the Boardwalk. This bright 1-bedroom suite offers an inviting open-concept layout with a modern kitchen and comfortable living area, creating an easy space to relax, entertain, or simply enjoy your morning coffee indoors or outside. The spacious bedroom features a generous closet and views overlooking the yard, while quality finishes and upgraded fixtures add a polished touch throughout. Step outside and you're right in the heart of the Friday Harbour lifestyle. Stroll the Boardwalk for waterfront dining, live music and entertainment, or browse the unique shops and boutiques including Feather + Stone Boutique, Crock A Doodle, ONE11 Beauty Bar, Sweet Harbour, Starbucks and FH Fine Food. Enjoy everything from casual coffee and ice cream to lakeside meals and resort-style amenities. The four-season lifestyle continues with the Beach Club, Lake Club, pools, hot tub, fitness facilities, tennis, games room, media room, marina, golf at The Nest, and miles of trails through the Nature Preserve. Summer brings beach days and poolside afternoons, while winter offers skating, snow activities and cozy lakeside escapes. Whether you're looking for a personal getaway, investment property, or family retreat, this is an opportunity to enjoy resort living just over an hour from Toronto. **EXTRAS** Lifestyle investment: Lake Club Fee $192.16/month , Annual Resort Fee $2,400/year and Basic Monthly Fee $513.36/month. Buyer to pay 2% plus hst FH association fee.

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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

$2,367/mo
Mortgage $1,408
Monthly Loss $1,997
Principal$370
Interest$1,037
Property Tax$246
Condo Fees$513
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.3%1
5-Year IRR
9.4%32
10-Year IRR
10.4%
Returns Index
16.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$24,648/yr
NOI
$10,673/yr
Net Cash Flow
-$518/mo
Cash Margin
-25.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
4.0 mo70
Risk Index
32.0/ 100

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

Comparables

Properties near 271 Sea Ray Avenue B103

Time

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Data last updated within the past 24 hours.