2050 Riviera Terrace 27, Clarence-Rockland

$270,000
2050 Riviera Terrace 27

$270,000

Price Change
9d
Condo Townhouse3-Storey

2050 Riviera Terrace 27, Clarence-Rockland

Total Monthly Obligation $1,987

Beds
3
Baths
2
Park
1
Sqft
1200-1399
DOM
9d
Score
34
Yield
10.3%
Cash on Cash
9.7%
Cap Rate
6.7%
5Y IRR
23.4%
10Y IRR
21.2%
Property Type-Condo Townhouse
MLS® Number-X14080002
Beds-3
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 14, 2026
Style-3-Storey
Building Type-Condo Townhouse
Taxes-$2,642 (2026)
Maintenance-$478/mo
Locker-None
Parking-2 - Attached
Basement-None
Heating-Baseboard (Electric)
Brokerage-TRU REALTY
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick Front, Vinyl Siding
Possession-flexible
Neighbourhood-606 - Town of Rockland
Title-Residential Condo & Other

No agent assigned

Three-storey condominium townhome offering 3 bedrooms, 1.5 bathrooms, an attached garage, and driveway parking. The property is located in a well-established condominium community with convenient access to schools, shopping, parks, the Ottawa River, Highway 17, and other local amenities.The home requires significant updating and repairs and is best suited for renovators, contractors, investors, or buyers looking for an opportunity to add value through improvements. The functional layout includes a main living area, three bedrooms on the upper level, and a lower-level flex space with walkout access to the rear yard area.Priced to reflect the property's condition and offered as an attractive opportunity for those seeking a renovation project.Property is being sold in "as is, where is" condition. The Seller makes no representations or warranties regarding the condition of the property. Buyers are advised to conduct their own inspections and due diligence.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$216,000
Land Transfer Taxes$2,525
Legal Fees (Est.)
$
Total cash required for closing$58,025

Total Monthly Obligation

$1,987/mo
Mortgage $1,089
Monthly Loss $1,701
Principal$287
Interest$803
Property Tax$220
Condo Fees$478
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
5.3%41
Cash-on-Cash
2.1%12
5-Year IRR
17.8%85
10-Year IRR
17.1%
Returns Index
47.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
34/ 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
$27,828/yr
NOI
$14,267/yr
Net Cash Flow
$100/mo
Cash Margin
4.3%11
Cash Flow Index
10.5/ 100
Risk Profile
Weight: 20%
DSCR
1.0935
LTV Ratio
80.0%18
Vacancy Buffer
4.8 mo80
Risk Index
44.4/ 100

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

Comparables

Properties near 2050 Riviera Terrace 27

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.