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Investment signal

$580,000

2811-2815 ROLLAND MASSIE ROAD

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Beds

4

Baths

1

Sqft

Year

Type

Single Family

Suite

Suite potential

Location nearby

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

About this home

Two Homes on One Lot Ideal for Extended Family or Extra Income! Heres a rare opportunity to own a country property with two homes on the same lot. Perfect for multigenerational living or generating rental income. The newer home is a spacious 3+1 bedroom bungalow featuring an open-concept kitchen and dining area. Plenty of natural light beaming through many windows & patio door in the dining and living room area. The basement is unspoiled and full of potential, with a separate entrance from the carport for added convenience. Exterior large back deck has been recently installed for your everyday living and entertaining. The second dwelling is a charming early-1900s farmhouse, currently rented at $1,050/month, offering immediate income potential. Set on a quiet country road with minimal traffic, this peaceful and private setting also includes two large storage buildings: one measuring 44' x 80', and another at 25' x 40' ideal for equipment, workshop use, or extra storage. Come experience the quiet charm and versatility this unique property has to offer! (id:65958)

Subtype
Single Family
Architectural style
Bungalow
Structure
House
Community
721 - North Glengarry (Lochiel) Twp
Common interest
Freehold
Lot dimensions
312 x 351.4 FT
Bedrooms
3 above grade, 1 below grade
Parking
12 total
Stories
1
Fireplace
Yes
On market
Dec 15, 2025
Status changed
Apr 24, 2026
Annual tax
$0
Zoning
Residential
Photos
30
MLS#
X12633632
Area
NORTH_GLENGARRY

Features and systems

Parking

Detached GarageGarage

Basement

UnfinishedN/A

Appliances

Water TreatmentWater Heater

Heating

Forced airOil

Cooling

None

Exterior

Aluminum siding

Foundation

Poured Concrete

Lot

Sump Pump
Negative cash flow ~$667/mo at these assumptions

Cash on cash

-6.90%

Cap rate

3.48%

GRM

16.7

Break-even rent

$3,602

Financing

Down payment$116,000
Loan amount$464,000
Mortgage$2,351/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$266
Insurance$80
Maintenance$483
CapEx reserve$242
Vacancy loss$145

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 $2,351/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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