120 Massey Road, Alnwick/Haldimand

$575,000
120 Massey Road

$575,000

New
24d
DetachedBungalow

120 Massey Road, Alnwick/Haldimand

Total Monthly Obligation $2,987

Beds
3
Baths
2
Park
4
Sqft
1100-1500
DOM
24d
Score
26
Yield
6.5%
Cash on Cash
4.0%
Cap Rate
5.4%
5Y IRR
18.8%
10Y IRR
17.2%
Property Type-Detached
MLS® Number-X13840074
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-200 × 239.38 ft
Listed on site-Sep 29, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$3,507.95 (2025)
Parking-6 - Attached
Basement-Finished, Full
Heating-Forced Air (Oil)
Brokerage-Royal LePage Our Neighbourhood Realty
Cooling-Central Air
Laundry-No
Fireplace-Pellet Stove
Pool-None
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Metal
Foundation-Poured Concrete
Sewer-Septic
Possession-Flexible
Neighbourhood-Rural Alnwick/Haldimand
Title-Residential Freehold

No agent assigned

Perfectly situated just north of Grafton in one of Northumberland County's most picturesque rural settings, this beautifully maintained brick bungalow offers the perfect blend of peaceful country living and commuter-friendly convenience. Surrounded by rolling countryside, charming communities, and endless outdoor recreation, you'll enjoy the best of rural Ontario while remaining just minutes to Highway 401, local amenities, and the shores of Lake Ontario. Step inside to discover a bright, open-concept layout designed for comfortable family living and effortless entertaining. The spacious main floor features three bedrooms, two bathrooms, and inviting living spaces filled with natural light. The seamless flow between the kitchen, dining, and living areas creates a warm and welcoming atmosphere for everyday life. The finished lower level expands your living space with a large recreation room, offering endless possibilities for family movie nights, a games room, home gym, or additional entertaining space. Practicality meets convenience with an oversized attached double garage complete with direct entry into the home, providing added space for a workshop and easy access year-round. A durable metal roof offers long-term peace of mind, while the solid brick exterior adds timeless curb appeal. Whether you're seeking more space for your family, looking to embrace a quieter lifestyle, or dreaming of a home surrounded by the natural beauty that Northumberland County is known for, this property delivers the perfect opportunity to enjoy country living without compromise.

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%
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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$460,000
Land Transfer Taxes$7,975
Legal Fees (Est.)
$
Total cash required for closing$124,475

Total Monthly Obligation

$2,987/mo
Mortgage $2,319
Monthly Loss $2,376
Principal$610
Interest$1,709
Property Tax$292
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.5%32
Cash-on-Cash
-1.7%5
5-Year IRR
14.3%67
10-Year IRR
14.0%
Returns Index
35.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
26/ 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
$37,440/yr
NOI
$25,688/yr
Net Cash Flow
-$179/mo
Cash Margin
-5.7%2
Cash Flow Index
1.6/ 100
Risk Profile
Weight: 20%
DSCR
0.9221
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo54
Risk Index
31.1/ 100

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

Comparables

Properties near 120 Massey Road

Time

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