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Investment signal

$2,499,900

20824 SOUTH SERVICE ROAD

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Beds

3

Baths

4 full + 2 half

Sqft

Year

Type

Single Family

Suite

Suite potential

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

A truly special waterfront estate on 3.17 acres with 145 feet of shoreline on Lake St. Francis. Built in 1832 and updated in 1994, this timeless stone home is rich in character and offers the perfect blend of heritage charm and everyday comfort. Set back from the road along a private laneway, the property feels like a peaceful escape, surrounded by mature trees and breathtaking lake views. Inside, the home features original details and three wood-burning fireplaces in the dining room, primary bedroom, and the walkout basement. The main level includes a cozy living room, a welcoming kitchen, and a screened-in porch where you can enjoy morning coffee while watching the sun rise over the water. Upstairs you'll find three bedrooms, including a water-facing primary suite with a fireplace, ensuite bath, and convenient upstairs laundry. The lower level offers a warm and inviting family room with another fireplace and walkout access to the yard. A separate 3-bedroom, 1-bath cottage sits on the property with its own screened-in porch, 200-amp service, and separate hydro meter perfect for extended family, guests, or potential rental income. The home is serviced by two wells and two septic systems. Additional features include a detached 2-car garage with a loft and a separate outbuilding currently used as an art studio. A small beach area, gorgeous lake views, and room to roam make this property ideal for families seeking both beauty and function in a lakeside setting. This is a rare opportunity to own a piece of history and create unforgettable memories in a one-of-a-kind setting. Just minutes from the Quebec Border.This property is just minutes away from a private airport, giving you quick access. 24 hour irrevocable on all offers. (id:65958)

Subtype
Single Family
Structure
House
Community
724 - South Glengarry (Lancaster) Twp
Common interest
Freehold
Lot dimensions
100 x 1224.6 FT
Bedrooms
3 above grade
Parking
10 total
Stories
2
Fireplace
3
On market
Jun 27, 2025
Status changed
Apr 24, 2026
Annual tax
$8,570 (2024)
Photos
48
MLS#
X12250510
Area
SOUTH_GLENGARRY

Features and systems

Parking

Detached GarageGarage

Basement

FullWalk out

Appliances

Water Heater

Heating

Baseboard heatersElectric

Cooling

None

Exterior

StoneVinyl siding

Foundation

Stone

Lot

Lane

View

Direct Water View

Waterfront

Waterfront on river
Negative cash flow ~$2,609/mo at these assumptions

Cash on cash

-6.26%

Cap rate

3.61%

GRM

16.7

Break-even rent

$15,246

Financing

Down payment$499,980
Loan amount$1,999,920
Mortgage$10,133/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,146
Insurance$80
Maintenance$2,083
CapEx reserve$1,042
Vacancy loss$625

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 $10,133/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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