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Investment signal

$499,000

18787 COUNTY RD 2 ROAD

Save this home

Beds

5

Baths

3

Sqft

Year

Type

Single Family

Suite

Investment signal

Location nearby

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

About this home

Unique opportunity of owning 3 cottages on 2.3 acres of land right across from water. You can rent out 3 cottages and make it an investment property or tear them down and build your dream home on this gorgeous land on hill with beautiful views of the St. Lawrence river. The seller has townhouse development plan prepared by Grant Marion available to serious buyers. The land has loads of potential for builders as well. Please note, civic numbers 18771 and 18773 are included in this listing (id:65958)

Subtype
Single Family
Structure
House
Community
723 - South Glengarry (Charlottenburgh) Twp
Common interest
Freehold
Lot dimensions
124 x 563 Acre
Bedrooms
5 above grade
Parking
8 total
Stories
1.5
On market
Sep 8, 2025
Status changed
Apr 24, 2026
Annual tax
$2,952 (2024)
Zoning
A2
Photos
13
MLS#
X12389346
Area
SOUTH_GLENGARRY

Features and systems

Parking

No Garage

Basement

Crawl space

Heating

Baseboard heatersElectric

Cooling

None

Exterior

Vinyl siding

Foundation

Concrete

Lot

Irregular lot size
Positive cash flow ~$180/mo at these assumptions

Cash on cash

2.16%

Cap rate

5.30%

GRM

12.6

Break-even rent

$3,111

Financing

Down payment$99,800
Loan amount$399,200
Mortgage$2,023/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$229
Insurance$80
Maintenance$416
CapEx reserve$208
Vacancy loss$165

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 $2,023/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 24, 2026.

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