$525,000
1028 MITCHELL ROAD
Beds
2
Baths
3 full + 1 half
Sqft
—
Year
—
Type
Single Family
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Lanark Highlands. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Set on approximately 3 1/2 acres of landscaped land, this is a home that can accommodate various buyers. 2 separate units allows for multi generational families, it can be used as an investment property or live in one side and help pay your mortgage by renting the other side out. The one unit is all on one level while the larger side has a walkout from the living room into the yard and a walkout from the second floor bedroom to the balcony and deck. Conveniently located between Perth and Almonte. There is also a detached garage/ workshop. (id:65958)
- Subtype
- Single Family
- Structure
- House
- Community
- 913 - Lanark Highlands (Lanark) Twp
- Common interest
- Freehold
- Lot dimensions
- 580.6 x 670 Acre
- Bedrooms
- 2 above grade
- Parking
- 12 total
- Fireplace
- 1
- On market
- Apr 19, 2026
- Status changed
- Apr 24, 2026
- Annual tax
- $3,443
- Zoning
- residential
- Photos
- 33
- MLS#
- X13017262
- Area
- LANARK_HIGHLANDS
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Exterior
Foundation
Lot
Community
View
Utilities
Cash on cash
-6.99%
Cap rate
3.47%
GRM
16.7
Break-even rent
$3,268
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.