Investment signal

$699,000

2011 FAIRVIEW ROAD

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Beds

Baths

Sqft

—

Year

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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 Rideau Lakes. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Updated in 2017, including major mechanical systems such as the furnace, oil tank, and pressure system, with additional unfinished space offering potential for further value-add improvements.The home features a low-maintenance exterior with aluminum siding and a metal roof, supporting long-term durability and reduced operating costs. Ideally located near Portland, Ontario, the property offers excellent commuter access via Highway 15 and County Roads 42, 5, and 8-enhancing its appeal for future resale, rental, or development opportunities. Encompassing approximately 140 acres, the land presents a compelling investment opportunity with a diverse mix of workable land, pasture, mature hardwood and cedar bush, and a duck pond, offering flexibility for agricultural use, recreational income, or long-term land holding. ** This is a linked property.** (id:65958)

Subtype: Single Family
Structure: House
Community: 818 - Rideau Lakes (Bastard) Twp
Common interest: Freehold
Bedrooms: 2 above grade
Parking: 10 total
Stories: 1.5
On market: Jan 29, 2026
Status changed: Apr 24, 2026
Annual tax: $500 (2026)
Zoning: RURAL
Photos: 1
MLS#: X12740260
Area: RIDEAU_LAKES

Features and systems

Parking

No Garage

Basement

Partially finishedUnfinishedN/AN/A

Heating

Forced airOil

Cooling

Wall unit

Exterior

Aluminum siding

Foundation

Block

Utilities

Telephone

Negative cash flow ~$783/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

-6.72%

Cap rate

3.52%

GRM

16.6

Break-even rent

$4,324

Financing

Down payment$139,800

Loan amount$559,200

Mortgage$2,833/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$320

Insurance$80

Maintenance$583

CapEx reserve$291

Vacancy loss$175

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 $2,833/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.