3019 LEMAY Circle, Clarence-Rockland

$569,000
3019 LEMAY Circle

$569,000

New
8d
DetachedBungalow

3019 LEMAY Circle, Clarence-Rockland

Total Monthly Obligation $2,839

HausQ Valuation Report
Beds
3
Baths
2
Park
3
Sqft
1100-1500
DOM
8d
Score
24
Yield
5.8%
Cash on Cash
2.2%
Cap Rate
5.1%
5Y IRR
17.3%
10Y IRR
16.0%
Property Type-Detached
MLS® Number-X14080532
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-60 × 100 ft
Listed on site-Oct 15, 2026
Style-Bungalow
Building Type-Detached
Age-31-50
Taxes-$2,026 (2026)
Parking-3 - Carport
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP - OTTAWA REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Brick, Other
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-tbd
Neighbourhood-606 - Town of Rockland
Title-Residential Freehold

No agent assigned

Welcome to this lovely 3 bedroom, updated, renovated, brick bungalow on a gorgeous wide lot, on a great street and across from the park- in the heart of Rockland! This property sits elevated up on a creek, which gives you loads of privacy. Right off the kitchen and dining you have a beautiful sunroom, that is covered in windows, allowing so much natural light to flow right in. The rear deck makes entertaining friends and loved ones very convenient. I love the window off the kitchen which lets you see everything that is going on in the backyard- children, pets, birds, guests. On cozier winter nights, enjoy the gas fireplace in the living room while watching your favourite show ;) This location is so close to everything -you could even walk! The community/ neighbours here are truly amazing. Roof 2015, gas fireplace 2015 -kitchen Reno and appliances 2014, sunroom upgraded with insulation and new support 2016, heat pump 2023, new insulation attic 2023.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$455,200
Land Transfer Taxes$7,855
Legal Fees (Est.)
$
Total cash required for closing$123,155

Total Monthly Obligation

$2,839/mo
Mortgage $2,295
Monthly Loss $2,235
Principal$604
Interest$1,691
Property Tax$169
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.1%28
Cash-on-Cash
-3.4%3
5-Year IRR
13.0%57
10-Year IRR
12.9%
Returns Index
29.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
24/ 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
$33,276/yr
NOI
$23,422/yr
Net Cash Flow
-$343/mo
Cash Margin
-12.4%0
Cash Flow Index
0.4/ 100
Risk Profile
Weight: 20%
DSCR
0.8517
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo57
Risk Index
30.7/ 100

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

Comparables

Properties near 3019 LEMAY Circle

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.