224 Topaze Crescent, Clarence-Rockland

$749,900
224 Topaze Crescent

$749,900

New
18d
Detached2-Storey

224 Topaze Crescent, Clarence-Rockland

Total Monthly Obligation $3,966

Beds
5
Baths
4
Park
4
Sqft
3000-3500
DOM
18d
Score
19
Yield
5.2%
Cash on Cash
-3.0%
Cap Rate
3.9%
5Y IRR
13.2%
10Y IRR
12.7%
Property Type-Detached
MLS® Number-X13873944
Beds-5
Bathrooms-4
Size-3000-3500 sqft
Lot Size-45.89 × 114.25 ft
Listed on site-Oct 5, 2026
Style-2-Storey
Building Type-Detached
Taxes-$6,795 (2026)
Parking-6 - Attached
Basement-Full, Partially Finished
Heating-Forced Air (Gas)
Brokerage-EXP REALTY
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-East
Exterior-Stone, Other
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-606 - Town of Rockland
Title-Residential Freehold

No agent assigned

Welcome to this stunning 4+1 bedroom roughly 2,500sqft home nestled on a great family-friendly street. As soon as you walk in, you're greeted by a classy curved staircase leading to the second level. To the right, a bright and inviting living room is filled with natural daylight, beautifully reflecting off the hardwood floors. To the left, you'll find a convenient powder room and laundry area, with a formal dining room just a few steps away-perfect for hosting family and friends.Down the hall, the home opens up to a beautiful kitchen featuring ample cabinetry, seamlessly flowing into a cozy TV room and a versatile den.Upstairs, the spacious primary bedroom offers a luxurious retreat complete with a full 5-piece ensuite and a walk-in closet. This level also features three additional generously sized bedrooms and a second full 4-piece bathroom-ideal for a growing family.The fully finished basement is truly impressive, boasting a large sitting area, a full wet bar, a fifth bedroom, and a third full bathroom-perfect for entertaining or extended family living.Step outside to a fully interlocked backyard. Enjoy summer days on the large deck leading to an above-ground pool-your own private oasis. The roof was replaced in October 2025.

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

Closing Costs

Mortgage Amount
$599,920
Land Transfer Taxes$11,473
Legal Fees (Est.)
$
Total cash required for closing$162,953

Total Monthly Obligation

$3,966/mo
Mortgage $3,025
Monthly Loss $3,170
Principal$796
Interest$2,229
Property Tax$566
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.7%1
5-Year IRR
9.6%32
10-Year IRR
10.3%
Returns Index
17.4/ 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
$39,000/yr
NOI
$23,805/yr
Net Cash Flow
-$1,041/mo
Cash Margin
-32.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.668
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo39
Risk Index
21.8/ 100

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

Comparables

Properties near 224 Topaze Crescent

Time

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