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Investment signal

$1,099,988

128 HASKINS POINT ROAD

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Beds

Baths

Sqft

—

Year

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Type

Multi-family

Suite

Investment signal

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Location nearby

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

About this home

Beautifully maintained and updated 5 unit townhouse complex, fully tenanted. Features 4 - 2 bedroom units, each with a full bath and a lower level 1 bedroom, 1 bath unit. Unit 1 has an extra full bath. Tenants pay Hydro. Annual rent of $70,907, Lawn and snow care $3,600, Taxes 2025 $4,732.63. No rentals. Updates to the property include: Shingles (2014), windows & doors (2015), 3-200 amp panels, all baseboard heaters and upgraded thermostats. Packed gravel parking and beautifully maintained property including a 12 x 16 storage unit (sided & shingled 2023). Extensive list of Interior Renovations available. This property shows care and pride of ownership. Located in the charming village of Seeley's Bay, the property is located within walking distance of a park, public boat dock, Cranberry Lake & the Rideau Canal. You can also walk to the local grocery store, hardware store, post office, library, pharmacy, LCBO, local Chocolatier and more. (id:65958)

Subtype: Multi-family
Structure: Other
Community: 824 - Rear of Leeds - Lansdowne Twp
Lot dimensions: 205.6 FT
Bedrooms: 10 above grade, 1 below grade
Parking: 10 total
On market: Mar 6, 2026
Status changed: Apr 28, 2026
Annual tax: $4,732.63
Photos: 44
MLS#: X12856748
Area: LEEDS_AND_THE_THOUSAND_ISLANDS

Features and systems

Parking

No Garage

Basement

Partially finishedFull

Appliances

WasherRefrigeratorDishwasherStoveDryerWater Heater

Heating

Baseboard heatersElectric

Exterior

Brick

Foundation

Block

Lot

Cul-de-sacIrregular lot sizeFlat siteCarpet Free

Community

School Bus

Utilities

Electricity

Negative cash flow ~$1,193/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

-6.51%

Cap rate

3.56%

GRM

16.7

Break-even rent

$6,756

Financing

Down payment$219,998

Loan amount$879,990

Mortgage$4,459/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$504

Insurance$80

Maintenance$917

CapEx reserve$458

Vacancy loss$275

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 $4,459/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 28, 2026.