1975 Albert Street, Clarence-Rockland

$449,000
1975 Albert Street

$449,000

New
24d
Detached1 1/2 Storey

1975 Albert Street, Clarence-Rockland

Total Monthly Obligation $2,441

Beds
2
Baths
2
Park
6
Sqft
1100-1500
DOM
24d
Score
20
Yield
5.1%
Cash on Cash
-3.1%
Cap Rate
3.9%
5Y IRR
13.1%
10Y IRR
12.6%
Property Type-Detached
MLS® Number-X13845676
Beds-2
Bathrooms-2
Size-1100-1500 sqft
Lot Size-66 × 132 ft
Listed on site-Sep 29, 2026
Style-1 1/2 Storey
Building Type-Detached
Age-100+
Taxes-$3,055 (2026)
Parking-6 - Detached
Basement-Crawl Space
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE TEAM REALTY
Cooling-Central Air
Laundry-No
Fireplace-Wood Stove
Pool-None
Facing-South
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Stone
Sewer-Sewer
Possession-Flexible
Neighbourhood-606 - Town of Rockland
Title-Residential Freehold

No agent assigned

Welcome to this great 1.5 storey single family home in Rockland with a large yard and 1 car oversized detached garage. This 1.5 story home features 2 bedrooms, 1.5 baths, a loft area and a well proportioned living room / dining room, a kitchen with a eating area and a large rear entry with laundry. Nestled on a spacious lot, it offers ample parking and a fantastic private backyard, perfect for entertaining. Inside, discover original hardwood floors that compliment the open-concept kitchen, featuring stainless steel appliances. Newer windows, updated insulation and updated lighting as well as electricity added to the 1 car detached garage. Located in Rockland, you'll enjoy easy access to shopping and dining as well as recreation facilities. A great starter home for the first time home buyer! Flooring: hardwood and ceramic. Come take a look today! (Note - Some photos have been digitally enhanced) No offers prior to Monday October 5, 2026 at 4:00pm.

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

Closing Costs

Mortgage Amount
$359,200
Land Transfer Taxes$5,455
Legal Fees (Est.)
$
Total cash required for closing$96,755

Total Monthly Obligation

$2,441/mo
Mortgage $1,811
Monthly Loss $1,964
Principal$477
Interest$1,335
Property Tax$255
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%17
Cash-on-Cash
-9.1%1
5-Year IRR
8.5%26
10-Year IRR
9.5%
Returns Index
14.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$22,800/yr
NOI
$12,965/yr
Net Cash Flow
-$731/mo
Cash Margin
-38.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
3.9 mo68
Risk Index
31.0/ 100

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

Comparables

Properties near 1975 Albert Street

Time

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