51 Laguna Parkway 9, Ramara

$369,999
51 Laguna Parkway 9

$369,999

New
18d
Condo TownhouseLoft

51 Laguna Parkway 9, Ramara

Total Monthly Obligation $2,573

Beds
2
Baths
2
Park
1
Sqft
1200-1399
DOM
18d
Score
20
Yield
7.3%
Cash on Cash
-2.3%
Cap Rate
4.1%
5Y IRR
13.8%
10Y IRR
13.2%
Property Type-Condo Townhouse
MLS® Number-S13863376
Beds-2
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 5, 2026
Style-Loft
Building Type-Condo Townhouse
Age-31-50
Taxes-$3,123.2 (2026)
Maintenance-$620/mo
Locker-Exclusive
Parking-1 - None
Basement-Crawl Space
Heating-Baseboard (Electric)
Brokerage-CENTURY 21 B.J. ROTH REALTY LTD.
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Other
Possession-TBA
Neighbourhood-Rural Ramara
Title-Residential Condo & Other

No agent assigned

Beautiful waterfront condo at Laguna Shores in the sought-after community of Lagoon City on Lake Simcoe's Trent-Severn canal system. This well-maintained 2-storey condo townhouse/loft-style unit offers a comfortable living space in a bright, open layout. Enjoy clear, unobstructed water views over the canal, mature trees, and surrounding green space, creating a peaceful, four-season retreat. The open-concept main level is tailored for relaxed waterfront living, featuring a welcoming living/dining area with a walkout to a private deck directly overlooking the canal-ideal for morning coffee or sunset gatherings. A functional kitchen provides ample prep and storage space, while large windows flood the home with natural light and showcase the water and woodland views. Upstairs, you'll find well-proportioned bedrooms, a full bath, and convenient in-suite storage, making this an excellent year-round home, cottage alternative, or investment property. This common element condominium includes exclusive-use parking and boat mooring, giving you effortless direct waterfront access. Spend your days boating, paddling, or cruising the extensive Trent-Severn waterway, then return to your private deck to take in the tranquil shoreline and open water vistas. Owners at Laguna Shores enjoy an impressive range of amenities, including shared dock, waterfront area, visitor parking, garbage/recycling room, bike storage, and well-maintained communal waterfront spaces. The complex is fully winterized for year-round living and serviced. The surrounding area offers private beach access, golf, marina, park/greenbelt, school bus route/public transit, and a wide variety of outdoor activities such as boating, fishing, and skiing, a true four-season destination on Lake Simcoe. Start living Lakeside Today

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

Closing Costs

Mortgage Amount
$295,999
Land Transfer Taxes$4,025
Legal Fees (Est.)
$
Total cash required for closing$79,525

Total Monthly Obligation

$2,573/mo
Mortgage $1,492
Monthly Loss $2,180
Principal$393
Interest$1,100
Property Tax$260
Condo Fees$620
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.1%1
5-Year IRR
9.6%33
10-Year IRR
10.5%
Returns Index
17.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$27,120/yr
NOI
$11,445/yr
Net Cash Flow
-$539/mo
Cash Margin
-23.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
3.7 mo64
Risk Index
30.1/ 100

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

Comparables

Properties near 51 Laguna Parkway 9

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.