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Investment signal

$680,000

137 GRANDVIEW DRIVE

Save this home

Beds

4

Baths

2

Sqft

Year

Type

Single Family

Suite

Suite potential

Location nearby

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

About this home

Opportunity Knocks To Have The Best Of Both Worlds at Your Fingertips!! Close Enough To Town and All the Amenities, But More Importantly, Next To Rice Lake and All The Benefits That Lake Life Brings. This Raised Bungalow Is Perched Upon A Private, Large Country Lot with Water Views. Complete With Deeded Access And Your Very Own Dock On The Very Sought After Rice Lake. This Bright And Spacious Home Offers 4 Bedrooms, 2 Bathrooms, Walk-Out Lower Level For Potential Rental Income or Multi Generational Living (or a growing family), Walk-Out Deck (views!) On the Main Floor and a Phenomenal & Private Back Yard Setting. Furnace and Propane Hot Water Tank Purchased And Installed Brand New in 2022. Twelve Feet X 124 Feet of Deeded Access At the Waterfront & Your Private Dock Is Just A Short Walk Away. One Of The Best Lakes In All Of Ontario For Fishing And Boating. Also Part Of And Connected To The World Famous Trent Severn Waterway. This is a Pre-Inspected Home. Don't Miss Out On This Opportunity! Seller is Motivated!! (id:65958)

Subtype
Single Family
Architectural style
Raised bungalow
Structure
House
Community
Rural Alnwick/Haldimand
Common interest
Freehold
Lot dimensions
267.8 x 220.2 FT ; 267.8x2202x262.9x94.8
Bedrooms
2 above grade, 2 below grade
Parking
12 total
Stories
1
Fireplace
2
On market
Mar 17, 2026
Status changed
Apr 20, 2026
Annual tax
$4,059.59
Zoning
Rural Residential
Photos
50
MLS#
X12890920
Area
ALNWICK/HALDIMAND

Features and systems

Parking

Attached GarageGarage

Basement

Walk outN/A

Appliances

Water Heater

Heating

Forced airPropane

Cooling

Central air conditioning

Exterior

WoodBrick

Foundation

Block

Lot

SlopingDry

Community

School Bus

View

Lake viewView

Waterfront

Waterfront on lake

Utilities

Electricity
Negative cash flow ~$768/mo at these assumptions

Cash on cash

-6.78%

Cap rate

3.51%

GRM

16.7

Break-even rent

$4,208

Financing

Down payment$136,000
Loan amount$544,000
Mortgage$2,756/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$312
Insurance$80
Maintenance$567
CapEx reserve$283
Vacancy loss$170

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 $2,756/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.

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