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Foreclosure signalInvestment signal

$299,000

1080 ST. PETER'S ROAD

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Beds

Baths

Sqft

—

Year

—

Type

Single Family

Suite

Investment signal

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Algonquin Highlands (Stanhope). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Excellent opportunity to create your cottage oasis in the Maple Lake community! Spacious, level, and private lot is approximately 0.9 acres and features a 4 season home and 3 season cottage with easy access to Maple Lake. 106 feet of frontage on a year round municipal road for easy year round access. Drilled well and full septic system in place. Both buildings require renovations to unlock their full potential. This ideal investment opportunity would make a great rental. Property is being sold "as is, where is" with no representations or warranties. (id:65958)

Subtype: Single Family
Structure: House
Community: Stanhope
Common interest: Freehold
Lot dimensions: 106 x 328 FT
Bedrooms: 4 above grade
Parking: 6 total
On market: Apr 20, 2026
Status changed: Apr 20, 2026
Annual tax: $1,357 (2025)
Photos: 21
MLS#: X13018870
Area: ALGONQUIN_HIGHLANDS_(STANHOPE)

Features and systems

Parking

No Garage

Basement

None

Heating

Baseboard heatersElectric

Cooling

Window air conditioner

Exterior

Vinyl siding

Foundation

Block

Lot

Level lotIrregular lot sizeGuest Suite

View

Lake view

Positive cash flow ~$952/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

19.11%

Cap rate

8.69%

GRM

8.6

Break-even rent

$1,898

Financing

Down payment$59,800

Loan amount$239,200

Mortgage$1,212/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$137

Insurance$80

Maintenance$249

CapEx reserve$125

Vacancy loss$145

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

Estimated $1,212/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 20, 2026.