110 Steamship Bay Road 207, Gravenhurst

$589,000
110 Steamship Bay Road 207

$589,000

Price Change
16d
Condo ApartmentApartment

110 Steamship Bay Road 207, Gravenhurst

Total Monthly Obligation $4,268

HausQ Valuation Report
Beds
3
Baths
2
Park
1
Sqft
1600-1799
DOM
16d
Score
24
Yield
9.0%
Cash on Cash
3.0%
Cap Rate
5.2%
5Y IRR
17.9%
10Y IRR
16.5%
Property Type-Condo Apartment
MLS® Number-X13870318
Beds-3
Bathrooms-2
Size-1600-1799 sqft
Listed on site-Oct 7, 2026
Style-Apartment
Building Type-Condo Apartment
Age-16-30
Taxes-$4,051 (2026)
Maintenance-$1,354.98/mo
Locker-Owned
Parking-1 - Carport
Basement-None
Heating-Forced Air (Gas)
Brokerage-Re/Max Professionals North
Cooling-Central Air
Laundry-Yes
Fireplace-Yes
Pool-None
Exterior-Hardboard
Possession-TBD
Neighbourhood-Muskoka (S)
Title-Residential Condo & Other

No agent assigned

Welcome to the Ditchburn Building at the Muskoka Wharf, a sought-after waterside condominium community. This spacious residence offers nearly 1,800 sq. ft. of open-concept living with three generously sized bedrooms, including a primary suite with walk-in closet and an oversized four-piece ensuite bath. The bright main living area features large windows, granite countertops, in-suite laundry, and a second full bathroom for family or guests. Step out to your private oversized balcony to enjoy pleasant views of Muskoka Bay, or take advantage of the vibrant waterfront setting with shops, restaurants, walking trails, and marina access just outside your door. Complete with covered parking that includes a storage locker, Unit 207 combines comfort, convenience, and the Muskoka lifestyle that is ideal for year-round living or a seasonal retreat.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$471,200
Land Transfer Taxes$8,255
Legal Fees (Est.)
$
Total cash required for closing$127,555

Total Monthly Obligation

$4,268/mo
Mortgage $2,376
Monthly Loss $3,643
Principal$625
Interest$1,751
Property Tax$338
Condo Fees$1,355
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.3%30
Cash-on-Cash
-2.6%4
5-Year IRR
14.0%65
10-Year IRR
14.1%
Returns Index
33.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
24/ 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
$53,244/yr
NOI
$25,209/yr
Net Cash Flow
-$275/mo
Cash Margin
-6.2%1
Cash Flow Index
1.4/ 100
Risk Profile
Weight: 20%
DSCR
0.8819
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo35
Risk Index
24.0/ 100

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

Comparables

Properties near 110 Steamship Bay Road 207

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.