







1/91367 DIAMOND STREET, Clarence-Rockland, ON K4K0M6
$724,900 total
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Asset Class
Multifamily
Size
—
Building class
A
Zoning
RA8 — Medium Rise
$ / SF
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Occupancy
95%
***OPEN HOUSE SUNDAY FROM 2-4 PM @ 2529 GRAY CRES, ROCKLAND.*** Property available for possession starting October 1st! This "Azur" model is a purpose-built 2-storey home featuring a legal secondary dwelling unit. The main unit boasts 1,744 sq/ft of living space, 3 bedrooms, 1.5 baths, a 2-car garage, an open-concept layout, and beautiful finishes throughout, with central air conditioning included in the purchase price. The basement unit features 1 bedroom, 1 bath, a separate entrance, and is fully legal and self-contained from the main unit. Situated on a premium pie-shaped lot, the home offers an oversized backyard with plenty of space to enjoy the outdoors. Located in Morris Village, a newly developed community offering the perfect blend of tranquility, nearby amenities, and a convenient 25-minute drive to Ottawa. Built by Landric Homes (the multi-award-winning ''Construction LaVerendrye'' in Quebec), renowned for their craftsmanship, reliability, and on-time project delivery, this home reflects the standard they bring to every community they build. The home is currently under construction, with an anticipated closing date of October 2026. Price, specifications, and details are subject to change without notice. Price shown is net of new rebates; such rebates are subject to the enactment of federal and provincial legislation, and the purchase price is at all times subject to the terms of any Agreement of Purchase and Sale between the builder and the buyer. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$3K
Projected NOI
$31K
Annual cash flow
$-9K
Cash-on-cash
-4.31%
DSCR
0.77
Going-in cap
4.25%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
70,362
Households
25,042
Median income
$70,000
Median age
41.5
Daytime population
107,529
5-yr growth
6.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 1367 DIAMOND STREET, Clarence-Rockland.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.