1262 Rodney Lane, North Dundas

$590,000
1262 Rodney Lane

$590,000

New
53d
Detached2-Storey

1262 Rodney Lane, North Dundas

Total Monthly Obligation $2,955

Beds
4
Baths
2
Park
4
Sqft
1500-2000
DOM
53d
Score
19
Yield
4.6%
Cash on Cash
-3.5%
Cap Rate
3.8%
5Y IRR
12.8%
10Y IRR
12.4%
Property Type-Detached
MLS® Number-X13730548
Beds-4
Bathrooms-2
Size-1500-2000 sqft
Lot Size-76.82 × 150.4 ft
Listed on site-Aug 31, 2026
Style-2-Storey
Building Type-Detached
Age-100+
Taxes-$2,404 (2025)
Parking-5 - Attached
Basement-Unfinished, Separate Entrance
Heating-Forced Air (Propane)
Brokerage-SOLID ROCK REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Vinyl Siding
Roof-Asphalt Shingle, Metal
Foundation-Stone, Wood, Concrete
Sewer-Septic
Possession-Flexible
Neighbourhood-707 - North Dundas (Winchester) Twp
Title-Residential Freehold

No agent assigned

More space, more flexibility and a quieter country setting - welcome to 1262 Rodney Lane. This well-cared-for 4-bedroom, 2-bathroom home combines the character of a century home with practical updates and a layout that offers plenty of room for everyday life, working from home and hobbies. The main level features an eat-in kitchen, formal dining and living room, a 4-piece bath, generous laundry room and a versatile bonus room ideal for a home office, playroom or creative space. Upstairs are three additional bedrooms plus a spacious primary bedroom with walk-in closet. One of the home's most unique features is the impressive 14' x 27' loft above the garage, accessible from both the primary bedroom and garage-an incredible space for a games room, studio, hobbies or storage. An attached garage, basement workshop and 10' x 12' shed provide even more room for projects and equipment. Practical improvements include Propane furnace and heat pump (2022), hot water tank (2025), owned water treatment system, generator hookup and electrical surge protection. Carpet-free throughout and surrounded by mature trees and established gardens, this property offers the charm of country living without the upkeep of a large acreage. Some photos enhanced with AI. Home Inspection report on file (Sept 2026), reach out to listing agent for a copy. Following recommendations in the September 2026 home inspection, the seller arranged asbestos testing through Asbestos Laboratories Inc. The October 5, 2026 laboratory report confirms that samples of the attic insulation and ceiling tile both returned ND (no fibres detected). Full laboratory report available upon request. Buyers are encouraged to review the documentation and conduct their own due diligence.

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

Closing Costs

Mortgage Amount
$472,000
Land Transfer Taxes$8,275
Legal Fees (Est.)
$
Total cash required for closing$127,775

Total Monthly Obligation

$2,955/mo
Mortgage $2,380
Monthly Loss $2,329
Principal$626
Interest$1,754
Property Tax$200
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.6%1
5-Year IRR
8.8%28
10-Year IRR
9.7%
Returns Index
15.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$27,300/yr
NOI
$17,666/yr
Net Cash Flow
-$908/mo
Cash Margin
-39.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.627
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo55
Risk Index
26.9/ 100

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

Comparables

Properties near 1262 Rodney Lane

Time

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