$2,700,000
3256 PRINCIPALE STREET
Beds
—
Baths
—
Sqft
—
Year
—
Type
Multi-family
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Clarence-Rockland. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Promotors, Developers and contractors here is your chance to build 298 doors, mixed from single dwellings, duplex, town homes, 8plex and good commercial highway space directly on the county rd 17. 30 minutes from Ottawa in a growing municipality. Surrounding the school boundaries makes it for a very desirable location. (id:65958)
- Subtype
- Multi-family
- Structure
- Multi-Family
- Community
- 607 - Clarence/Rockland Twp
- Living area
- 32
- Lot size
- 1,399,468 acres
- Lot dimensions
- 1399468
- On market
- Oct 5, 2025
- Status changed
- Apr 24, 2026
- Annual tax
- $1,754
- Zoning
- RESIDENTIAL AND DEVELOPMENT
- Photos
- 7
- MLS#
- X12445610
- Area
- CLARENCE-ROCKLAND
Features and systems
Heating
Cooling
Cash on cash
-6.25%
Cap rate
3.61%
GRM
16.7
Break-even rent
$16,460
Financing
Operating expenses (monthly)
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
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.