880 Concession Street, Alfred and Plantagenet

$599,900
880 Concession Street

$599,900

Price Change
46d
DetachedBungalow

880 Concession Street, Alfred and Plantagenet

Total Monthly Obligation $3,109

Beds
4
Baths
2
Park
4
Sqft
1100-1500
DOM
46d
Score
22
Yield
5.7%
Cash on Cash
0.3%
Cap Rate
4.7%
5Y IRR
15.8%
10Y IRR
14.8%
Property Type-Detached
MLS® Number-X13750990
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-179.1 × 211.23 ft
Listed on site-Sep 7, 2026
Style-Bungalow
Building Type-Detached
Taxes-$3,776 (2026)
Parking-5 - Attached
Basement-Finished
Heating-Forced Air (Wood)
Brokerage-MARTELS REAL ESTATE INC.
Cooling-Central Air
Laundry-No
Fireplace-Wood Stove
Pool-Above Ground
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Metal
Foundation-Concrete
Sewer-Septic
Possession-Immediate/TBA
Neighbourhood-608 - Plantagenet
Title-Residential Freehold

No agent assigned

OPPORTUNITY KNOCKS! Well-built & COMPLETELY REIMAGINED IN 2023 w/over $100K invested in recent renovations & improvements! This 3+1 BED, 2 BATH bungalow sits on a wide 179' x 211' lot w/CITY WATER. The transformation created a bright, flowing layout centred around a 2023 CUSTOM KITCHEN & renovated bath, while the FULLY FINISHED lower level was revamped in 2025. Enjoy the rare blend of country feel, modern comfort & a 10-minute walk to town amenities-parks, municipal pool, café, restaurants, LCBO & more. Offering the best of both worlds at an affordable price. Groceries & Tim Hortons are a short drive: 10 min to Alfred or Wendover, 20 min to Rockland & 30 min to Hawkesbury amenities & hospital. INSIDE! Open-concept main flr w/striking OPEN STAIRCASE framed by maple handrails & black metal balusters. GOURMET KITCHEN w/quartz counters, dbl sink, backsplash, SS appls, pull-out drawers, 2 full pantries & wide centre island w/blt-in cooktop, overlooking the sun-filled, spacious living rm w/refaced fplace & 3D wave-textured porcelain surround. Dining area opening onto the rear patio-ideal for BBQs & entertaining. LOWER LEVEL! Modernized w/an expansive recrm featuring a WETT-inspected wood stove & blt-in bar, + a bed, flexible playrm/office or gym, laundry rm & 2-pc bath, complete w/new vinyl flooring. OTHER UPGRADES 2022-2024! Supply plumbing updated to PEX, new interior drs, colonial trim, lighting, pot lights, hardware, Decora switches, maple hardwood, porcelain & vinyl flrs, stair carpet, PVC windows thru, patio dr'26, shed'23, metal roof'22. Furnace'13-recently serviced, owned HWT'19 & 200 amp. Inside access to OVER'D GARAGE (15' x 25') & long driveway. Inside access to OVERS' GARAGE (15' x 25') & long driveway. SEPTIC SYSTEM fully rehabilitated in 2010. F-S, survey septic docs avail upon request. Spacious yard w/room to play, garden & explore future potential. Nr Jessup's Falls, Alfred Bog Walk, picnic areas, Ottawa River boat launches.. COUNTRY CHARM & MODERN LIVING!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$479,920
Land Transfer Taxes$8,473
Legal Fees (Est.)
$
Total cash required for closing$129,953

Total Monthly Obligation

$3,109/mo
Mortgage $2,420
Monthly Loss $2,473
Principal$637
Interest$1,783
Property Tax$315
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.8%25
Cash-on-Cash
-5.1%2
5-Year IRR
11.7%47
10-Year IRR
11.9%
Returns Index
24.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$34,200/yr
NOI
$22,504/yr
Net Cash Flow
-$544/mo
Cash Margin
-19.1%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7713
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo52
Risk Index
27.6/ 100

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

Comparables

Properties near 880 Concession Street

Time

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