No photos available
Investment signal

$599,900

426 SUNSET CRESCENT

Beds

4

Baths

3.1

Sqft

Year

Location

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About this home

Rare fully winterized 4-season Rice Lake lifestyle property on approx. 1 acre with 10-car parking, hot tub, walkout basement and 2 fireplaces. This 4-bedroom, 3-bathroom home offers the space and flexibility buyers want, with all bedrooms offering generous space to comfortably fit a king-size bed. What really sets it apart is the added water access that comes with the property, giving you a private way to enjoy Rice Lake and the option to add a dock for boating, fishing and relaxing by the water. With water views, room to entertain and year-round comfort, this is a flexible home, cottage or investment opportunity built for making the most of lake life. Rent-to-own may be available. (id:65958)

Subtype
Single Family
Architectural style
Bungalow
Structure
House
Community
Rural Alnwick/Haldimand
Common interest
Freehold
Lot dimensions
225 x 248 FT
Bedrooms
3 above grade, 1 below grade
Parking
10 total
Stories
1
Fireplace
2
On market
Apr 13, 2026
Status changed
Apr 13, 2026
Annual tax
$3,791 (2025)
Zoning
RU
Photos
14
MLS#
X12990328
Area
ALNWICK/HALDIMAND

Features and systems

Parking

No Garage

Basement

FinishedFullSeparate entranceWalk outN/AN/A

Appliances

Water softenerHot TubWater TreatmentWindow CoveringsWater Heater - TanklessWater Heater

Heating

Forced airElectric

Cooling

Central air conditioning

Exterior

Vinyl siding

Foundation

Block

Lot

Irregular lot sizeLightingHillyCarpet FreeGuest Suite

Community

Community Centre

View

Lake viewRiver viewView of water

Waterfront

Waterfront on lake

Utilities

Electricity
Negative cash flow ~$1,199/mo at these assumptions

Cash on cash

-11.99%

Cap rate

3.49%

GRM

16.7

Break-even rent

$4,262

Financing

Down payment$119,980
Loan amount$479,920
Mortgage$2,944/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$275
Insurance$80
Maintenance$500
CapEx reserve$250
Vacancy loss$150

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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.

Lifestyle nearby

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

Mortgage estimate

Estimated $2,944/mo at 5.49% with 20% down, 25-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 13, 2026.

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