721 Morris Street, Clarence-Rockland

$579,900
721 Morris Street

$579,900

Price Change
24d
DetachedBungalow

721 Morris Street, Clarence-Rockland

Total Monthly Obligation $3,096

Beds
4
Baths
1
Park
3
Sqft
1100-1500
DOM
24d
Score
19
Yield
5.0%
Cash on Cash
-3.6%
Cap Rate
3.8%
5Y IRR
12.8%
10Y IRR
12.4%
Property Type-Detached
MLS® Number-X13840272
Beds-4
Bathrooms-1
Size-1100-1500 sqft
Lot Size-50 × 134.28 ft
Listed on site-Sep 29, 2026
Style-Bungalow
Building Type-Detached
Taxes-$4,577.52 (2026)
Parking-4 - Attached
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-EXP REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Brick
Sewer-Sewer
Possession-TBD
Neighbourhood-606 - Town of Rockland
Title-Residential Freehold

No agent assigned

Welcome to 721 Morris Street, a brick bungalow on an oversized fenced lot right in the heart of Rockland. A front porch with crisp white railings leads you into a bright living room, where large front windows bring in natural light all day long. The kitchen is finished with white cabinetry, tile flooring, and plenty of counter space. It opens into a dining area with sliding glass doors that step right out to the back deck. Three bedrooms and a full bathroom sit on the main level, including a primary bedroom with a double closet. Downstairs, a finished fourth bedroom gives you flexible space for a home office, guest room, or den, while the rest of the basement offers generous storage. The backyard is where this home really shines. The deck overlooks a massive fenced lawn framed by mature trees, with a garden shed and more than enough open space to garden, entertain, or just relax in the shade. Out front, a single-car garage and a wide paved driveway provide plenty of parking. Local shops, restaurants, and schools are only minutes away, the Rockland Golf Club is a five-minute drive, and getting into Ottawa is quick and easy. If you've been looking for one-level living with a yard this size, this home deserves a closer look.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$463,920
Land Transfer Taxes$8,073
Legal Fees (Est.)
$
Total cash required for closing$125,553

Total Monthly Obligation

$3,096/mo
Mortgage $2,339
Monthly Loss $2,480
Principal$616
Interest$1,724
Property Tax$381
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.8%1
5-Year IRR
8.8%27
10-Year IRR
9.7%
Returns Index
14.9/ 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
$29,100/yr
NOI
$17,112/yr
Net Cash Flow
-$913/mo
Cash Margin
-37.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo52
Risk Index
25.9/ 100

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

Comparables

Properties near 721 Morris Street

Time

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