







1/955 RUTILE STREET, Clarence-Rockland, ON K4K0M6
$724,500 total
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Asset Class
Multifamily
Size
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Building class
A
Zoning
RF6 — Medium Density
$ / SF
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Occupancy
98%
***OPEN HOUSE SUNDAY FROM 2 - 4 PM @ 2529 GRAY CRES, ROCKLAND*** This thoughtfully designed 'The Azur' model is a purpose-built 2-story home featuring a LEGAL SECONDARY DWELLING UNIT! The main unit boasts 1744 sq/ft of living space, 3 bedrooms, 1.5 baths, a 2-car garage, open concept living & fantastic finishes throughout. The basement unit features 1 bedroom, 1 bath, a separate entrance & is fully legal/separate from the main unit. 1367 Diamond sits on a premium pie-shaped lot, offering an oversized backyard. Welcome to Morris Village, where you'll discover this newly developed community strategically located to offer a harmonious blend of tranquility, access to amenities & a convenient 25-minute drive to Ottawa. Crafted by Landric Homes (aka the multi-award-winning Construction LaVerendrye in QC), this purpose-built 2-story home will leave you in awe. Construction LaVerendrye, renowned for their expertise, reliability, dedication to excellence & timely project delivery, consistently upholds these standards in every community they develop. Model home tours available. Price, specs & details may be subject to change without notice. *Price shown is net of New Rebates, such New 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 APS between the builder and the buyer.* (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$3K
Projected NOI
$34K
Annual cash flow
$-6K
Cash-on-cash
-2.82%
DSCR
0.85
Going-in cap
4.70%
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
56,776
Households
26,910
Median income
$93,000
Median age
43.3
Daytime population
89,445
5-yr growth
3.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 55 RUTILE 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.