3156 Old Highway 17 Road, Clarence-Rockland

$374,900
3156 Old Highway 17 Road

$374,900

New
24d
DetachedBungalow

3156 Old Highway 17 Road, Clarence-Rockland

Total Monthly Obligation $2,057

Beds
2
Baths
1
Park
5
Sqft
700-1100
DOM
24d
Score
24
Yield
6.1%
Cash on Cash
1.7%
Cap Rate
5.0%
5Y IRR
16.9%
10Y IRR
15.7%
Property Type-Detached
MLS® Number-X13839810
Beds-2
Bathrooms-1
Size-700-1100 sqft
Lot Size-200 × 150 ft
Listed on site-Sep 29, 2026
Style-Bungalow
Building Type-Detached
Taxes-$2,039.94 (2025)
Parking-6 - Detached
Basement-Unfinished, Crawl Space
Heating-Baseboard (Electric)
Brokerage-ROYAL LEPAGE INTEGRITY REALTY
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Other
Roof-Shingles
Foundation-Brick
Sewer-Septic
Possession-TBD
Neighbourhood-607 - Clarence/Rockland Twp
Title-Residential Freehold

No agent assigned

Prime Land Value Opportunity in Growing Rockland Near the Ottawa River! Located in the rapidly growing community of Rockland, this property presents an excellent opportunity centered on its oversized lot, strategic location, and future potential. Surrounded by ongoing residential development and new construction, the property is situated in a high-demand growth corridor with strong long-term appeal for investors, builders, and buyers seeking land value and future possibilities. Conveniently located along Old Hwy 17, with easy access to major routes, schools, parks, shopping, amenities, and commuter connections. The nearby Ottawa River adds further appeal, offering access to recreation, nature, and scenic surroundings. The property is being offered with the focus on its land value and future potential, making it an attractive opportunity in one of Rockland's expanding areas. Buyers are encouraged to conduct their own due diligence regarding zoning, permitted uses, development potential, and future plans. Property sold as-is. Seller has never occupied the property.

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

Closing Costs

Mortgage Amount
$299,920
Land Transfer Taxes$4,099
Legal Fees (Est.)
$
Total cash required for closing$80,579

Total Monthly Obligation

$2,057/mo
Mortgage $1,512
Monthly Loss $1,659
Principal$398
Interest$1,114
Property Tax$170
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.7%24
Cash-on-Cash
-5.2%2
5-Year IRR
11.6%47
10-Year IRR
11.9%
Returns Index
24.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
24/ 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
$22,800/yr
NOI
$13,980/yr
Net Cash Flow
-$347/mo
Cash Margin
-18.3%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7713
LTV Ratio
80.0%18
Vacancy Buffer
4.6 mo79
Risk Index
36.6/ 100

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

Comparables

Properties near 3156 Old Highway 17 Road

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.