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Investment signal

$1,399,000

2600 RAMSAY CONCESSION 2B

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Beds

7

Baths

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

About this home

What if you and your parents could share a waterfront address without tripping over each other? This rare Clayton Lake property offers something almost never found on the water, two fully functional living units under one roof, each with its own kitchen, bathroom, bedrooms, furnace, and electrical panel, allowing true independence rather than compromise. Imagine family just one floor away, close enough for Sunday dinners while still enjoying separate routines, private space, and everyday privacy. The walk-out lower level features two bedrooms, an office, and a three-season sunroom where lake views become part of daily life, while radiant in-floor heating keeps winter mornings cozy. Upstairs, the second unit expands to four bedrooms, a four-season sunroom designed for year-round enjoyment, and a private balcony that invites you to watch the sunset reflect across the water. Outside, Clayton Lake delivers the quiet rural lifestyle many buyers are searching for, with a clean shoreline, minimal weeds, and your own dock and boat launch ready for canoe adventures, fishing afternoons, and teaching grandchildren to swim, while winter brings access to nearby snowmobile trails. This is a family compound built for decades of shared memories, offering the opportunity to help children step into home ownership, keep parents close with peace of mind while preserving their independence, or live in one unit while rental income from the other helps carry the mortgage. Waterfront properties with two complete living spaces like this appear once in a decade, and the families who find them tend to hold on for generations. Your family's lake house is waiting, book your private showing before another family claims it. (id:65958)

Subtype
Single Family
Architectural style
Bungalow
Structure
House
Community
912 - Mississippi Mills (Ramsay) Twp
Common interest
Freehold
Lot dimensions
107 x 253.5 FT
Bedrooms
4 above grade, 3 below grade
Parking
7 total
Stories
1
Fireplace
2
On market
Feb 4, 2026
Status changed
Apr 24, 2026
Annual tax
$7,677.57
Zoning
R1
Photos
50
MLS#
X12757650
Area
MISSISSIPPI_MILLS

Features and systems

Parking

Attached GarageGarage

Basement

FinishedFullApartment in basementSeparate entranceWalk outN/AN/AN/A

Appliances

WasherRefrigeratorWater softenerDishwasherDryerMicrowaveTwo stovesWindow CoveringsGarage door opener remote(s)Water Heater

Heating

Forced airPropane

Cooling

Central air conditioningAir exchanger

Exterior

Vinyl siding

Foundation

Poured Concrete

Lot

SlopingIn-Law Suite

View

ViewView of waterDirect Water View

Waterfront

Waterfront on lake

Utilities

ElectricityCable
Negative cash flow ~$1,491/mo at these assumptions

Cash on cash

-6.39%

Cap rate

3.59%

GRM

16.7

Break-even rent

$8,569

Financing

Down payment$279,800
Loan amount$1,119,200
Mortgage$5,671/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$641
Insurance$80
Maintenance$1,166
CapEx reserve$583
Vacancy loss$350

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 $5,671/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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