290 Masters Lane 113, Clarence-Rockland

$479,900
290 Masters Lane 113

$479,900

New
14d
Condo Apartment1 Storey/Apt

290 Masters Lane 113, Clarence-Rockland

Total Monthly Obligation $2,803

Beds
2
Baths
1
Park
1
Sqft
1000-1199
DOM
14d
Score
19
Yield
5.7%
Cash on Cash
-4.0%
Cap Rate
3.7%
5Y IRR
12.4%
10Y IRR
12.1%
Property Type-Condo Apartment
MLS® Number-X13883384
Beds-2
Bathrooms-1
Size-1000-1199 sqft
Listed on site-Oct 9, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$3,519.46 (2026)
Maintenance-$373.5/mo
Locker-None
Parking-2 - Detached
Basement-None
Heating-Radiant (Gas)
Brokerage-EXP REALTY
Cooling-Wall Unit(s)
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Stone, Vinyl Siding
Possession-After December 1st
Neighbourhood-606 - Town of Rockland
Title-Residential Condo & Other

No agent assigned

Welcome to Domaine du Golf in Rockland! This beautifully maintained 2-bedroom condo offers approximately 1,050 sq. ft. of thoughtfully designed living space, complete with a private detached garage, a second outdoor parking space conveniently located directly in front of the unit, and picturesque views overlooking the 9th green of the Rockland Golf Club. The bright, open-concept layout features 9-ft ceilings, crown moulding, quality hardwood and tile flooring, and a spacious kitchen with granite countertops and a convenient island. The south-facing enclosed terrace is a true highlight, featuring retractable windows so you can relax and take in the beautiful golf-course setting throughout the seasons. Two well-sized bedrooms, a full bathroom with granite counters, soaker tub and separate shower, plus ensuite laundry and additional storage complete the space. Radiant heated floors and ductless A/C provide year-round comfort, while the building's concrete construction offers excellent soundproofing. Beyond the golf course, Rockland offers a wonderful lifestyle for those looking to stay active and connected, with the Clarence-Rockland YMCA offering an indoor pool and fitness programs, scenic waterfront outings at Du Moulin Park, local restaurants, walking trails, and community recreational facilities. Whether you enjoy golfing, swimming, dining with friends, or simply embracing a quieter pace of life, there's something for everyone. With two parking spaces, including your own detached garage, visitor parking, and a peaceful golf-course setting, this is a fantastic opportunity to enjoy low-maintenance condo living while making the most of everything Rockland has to offer!

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

Closing Costs

Mortgage Amount
$383,920
Land Transfer Taxes$6,073
Legal Fees (Est.)
$
Total cash required for closing$103,553

Total Monthly Obligation

$2,803/mo
Mortgage $1,936
Monthly Loss $2,293
Principal$509
Interest$1,426
Property Tax$293
Condo Fees$374
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.8%1
5-Year IRR
8.9%28
10-Year IRR
9.8%
Returns Index
15.2/ 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
$27,300/yr
NOI
$14,169/yr
Net Cash Flow
-$755/mo
Cash Margin
-33.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo58
Risk Index
28.0/ 100

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

Comparables

Properties near 290 Masters Lane 113

Time

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