118 Hillier Street, Lanark Highlands

$799,000
118 Hillier Street

$799,000

New
34d
Detached2-Storey

118 Hillier Street, Lanark Highlands

Total Monthly Obligation $3,806

Beds
3
Baths
3
Park
4
Sqft
2000-2500
DOM
34d
Score
26
Yield
6.2%
Cash on Cash
4.1%
Cap Rate
5.5%
5Y IRR
18.9%
10Y IRR
17.3%
Property Type-Detached
MLS® Number-X13806014
Beds-3
Bathrooms-3
Size-2000-2500 sqft
Lot Size-130 × 150 ft
Listed on site-Sep 19, 2026
Style-2-Storey
Building Type-Detached
Taxes-$2,500 (2025)
Parking-4 - Attached
Basement-None
Heating-Forced Air (Propane)
Brokerage-RE/MAX HALLMARK REALTY GROUP
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Stone, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Septic
Possession-Flexible
Neighbourhood-919 - Lanark Highlands (Lanark Village)
Title-Residential Freehold

No agent assigned

Prepare to be impressed by this exceptional custom-built home, where soaring spaces, thoughtful design and remarkable craftsmanship come together to create a property that truly stands apart. From the moment you step inside, the dramatic 20-foot ceilings and spectacular floor-to-ceiling windows immediately capture your attention, flooding the home with natural light and creating an incredible sense of space. At the heart of the family room, a beautiful wood-burning fireplace provides a warm and inviting focal point, the perfect place to gather on a cozy evening. Designed with both comfort and style in mind, the main level features luxurious in-floor heating throughout, a beautiful custom kitchen and a spacious office ideal for working from home. A conveniently located 2-piece powder room sits between the kitchen and attached garage, adding everyday practicality to the thoughtfully designed layout. The grand staircase leads to the second level, where the impressive primary suite is truly a retreat of its own. Generously proportioned, it features a gorgeous en-suite with an oversized walk-in shower and an incredible walk-in closet offering an abundance of space and storage. Two additional bedrooms and a third bathroom complete the upper level, providing plenty of room for family and guests. And then there's the garage, attached, heated with in-floor heating and offering the kind of comfortable, functional space that car enthusiasts, hobbyists and anyone who loves a great workshop will appreciate. Outside, the craftsmanship continues with a stunning handcrafted timber-frame gazebo. Impressive exposed wood beams and exceptional workmanship create a beautiful outdoor retreat for entertaining, relaxing and enjoying the peaceful surroundings. Perched atop a hill along the Clyde River and surrounded by a private setting, this remarkable property offers the peace and beauty of country living while keeping you close to all the amenities the village has to offer.

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

Closing Costs

Mortgage Amount
$639,200
Land Transfer Taxes$12,455
Legal Fees (Est.)
$
Total cash required for closing$173,755

Total Monthly Obligation

$3,806/mo
Mortgage $3,223
Monthly Loss $2,958
Principal$848
Interest$2,375
Property Tax$208
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.7%34
Cash-on-Cash
-0.8%6
5-Year IRR
15.0%71
10-Year IRR
14.5%
Returns Index
37.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
26/ 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
$49,200/yr
NOI
$37,280/yr
Net Cash Flow
-$116/mo
Cash Margin
-2.8%3
Cash Flow Index
2.7/ 100
Risk Profile
Weight: 20%
DSCR
0.9624
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo40
Risk Index
27.5/ 100

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

Comparables

Properties near 118 Hillier Street

Time

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