3412 Descotes Circle, Clarence-Rockland

$614,999
3412 Descotes Circle

$614,999

Price Change
17d
DetachedBungalow-Raised

3412 Descotes Circle, Clarence-Rockland

Total Monthly Obligation $3,252

Beds
3
Baths
2
Park
4
Sqft
700-1100
DOM
17d
Score
20
Yield
5.4%
Cash on Cash
-1.7%
Cap Rate
4.2%
5Y IRR
14.2%
10Y IRR
13.5%
Property Type-Detached
MLS® Number-X13869574
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-46.95 × 99.97 ft
Listed on site-Oct 6, 2026
Style-Bungalow-Raised
Building Type-Detached
Taxes-$4,750 (2026)
Parking-6 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-FIRST CHOICE REALTY ONTARIO LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flex
Neighbourhood-606 - Town of Rockland
Title-Residential Freehold

No agent assigned

A RARE FIND!!! This lovely 2+1 bedroom High Ranch bungalow is nestled on a quiet, private pie-shaped lot. You will adore the bright, open-concept main floor featuring a spacious kitchen, large dining area and sun-filled living room. The main level also offers two generous bedrooms and an updated bathroom with a soaker tub and shower. The fully finished lower level features a huge family room, third bedroom, full bathroom and plenty of additional storage space of 18ftx 20ft ( potential 4th bedroom). Step outside to your private backyard offering peace and tranquility, with plenty of room to garden, mature trees, entertain or simply relax. You will love the oversized garage, complete with custom-built shelving, workbench and impressive high ceilings. Ideally located close to parks, shopping and with quick access to the highway. Easy to show, flexible closing and obvious pride of ownership throughout. A wonderful place to call home! Roof 2017, main bath 2025.

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

Closing Costs

Mortgage Amount
$491,999
Land Transfer Taxes$8,775
Legal Fees (Est.)
$
Total cash required for closing$133,275

Total Monthly Obligation

$3,252/mo
Mortgage $2,481
Monthly Loss $2,599
Principal$653
Interest$1,828
Property Tax$396
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-7.0%1
5-Year IRR
10.2%37
10-Year IRR
10.8%
Returns Index
19.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$33,120/yr
NOI
$20,558/yr
Net Cash Flow
-$768/mo
Cash Margin
-27.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.6910
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo49
Risk Index
25.6/ 100

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

Comparables

Properties near 3412 Descotes Circle

Time

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