306 Masters Lane 181, Clarence-Rockland

$415,000
306 Masters Lane 181

$415,000

Sold Conditional Escape
28d
Condo TownhouseStacked Townhouse

306 Masters Lane 181, Clarence-Rockland

Total Monthly Obligation $2,580

Beds
2
Baths
1
Park
1
Sqft
1000-1199
DOM
28d
Score
18
Yield
5.4%
Cash on Cash
-7.2%
Cap Rate
3.0%
5Y IRR
9.9%
10Y IRR
10.1%
Property Type-Condo Townhouse
MLS® Number-X13827778
Beds-2
Bathrooms-1
Size-1000-1199 sqft
Listed on site-Sep 25, 2026
Style-Stacked Townhouse
Building Type-Condo Townhouse
Taxes-$3,504.17 (2026)
Maintenance-$414.41/mo
Locker-None
Parking-1 - None
Basement-None
Heating-Radiant (Gas)
Brokerage-PAUL RUSHFORTH REAL ESTATE INC.
Cooling-Wall Unit(s)
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Vinyl Siding
Possession-Immediate
Neighbourhood-606 - Town of Rockland
Title-Residential Condo & Other

No agent assigned

Welcome to this exceptional 2 bedroom, 1 full bathroom corner unit, ideally positioned on the main level of this sought after stacked townhome community. Freshly painted throughout, the residence is bright and inviting, with an abundance of natural light enhancing the thoughtfully designed interior. Features include contemporary lighting, quality kitchen cabinetry with soft close doors, refined countertops, stylish plank flooring, and radiant heated flooring. The chef's kitchen combines function and style, featuring beautifully finished cabinetry, quartz countertops, and a cohesive design that carries through to the bathroom. Built by incredible CH Clement, the construction offers an added level of privacy and comfort, with concrete walls and ceilings providing excellent soundproofing between units. The standout feature is undoubtedly the gorgeous 3 season sunroom, where cascading windows capture sweeping views of the Rockland Golf Course. Whether enjoying your morning coffee, entertaining guests, or simply relaxing, this versatile space brings the beauty of the surrounding landscape right into the home. The entire complex feels like an oasis, surrounded by manicured grounds and offering a relaxed, low maintenance lifestyle. An excellent opportunity for investors, downsizers, or retirees looking for a well appointed home in a distinctive setting. Some photos have been virtually staged.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$332,000
Land Transfer Taxes$4,775
Legal Fees (Est.)
$
Total cash required for closing$89,275

Total Monthly Obligation

$2,580/mo
Mortgage $1,674
Monthly Loss $2,140
Principal$441
Interest$1,233
Property Tax$292
Condo Fees$414
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.2%0
5-Year IRR
6.3%15
10-Year IRR
7.9%
Returns Index
8.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$22,320/yr
NOI
$9,211/yr
Net Cash Flow
-$906/mo
Cash Margin
-48.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.464
LTV Ratio
80.0%18
Vacancy Buffer
3.7 mo64
Risk Index
28.9/ 100

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

Comparables

Properties near 306 Masters Lane 181

Time

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