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Investment signal

$895,000

40 RABBIT ROAD

Save this home

Beds

3

Baths

1

Sqft

Year

Type

Single Family

Suite

Investment signal

Location nearby

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

About this home

This Stunning WATERFRONT Property, approx. 1 acre featuring 100 ft. of your own beautiful beach along Popham Bay (Lake Ontario). Attached to this lot is an adjoining 2nd lot (approximately 5000 sq.ft. extending back to Rabbit Rd from this 1 acre beach front lot). Sitting on this million dollar lot is a 3 bedroom cottage or year round home (1057 square feet). Featuring it's own detached garage (New Modern Metal Roof with Electrical Supply) and 2 separate storage structures, one sized 20ftx10ft and other unit by 12ftx24ft, Great for boats, vehicles and storage etc. Enjoy a clear waterfront view with floor to ceiling windows with a centre walkout. Entertain from an open concept kitchen / dining area with a large stone fireplace in the adjoining family room. Step outside onto the 500 sq ft wrap-around deck, where you can relax, soak up the sun, and enjoy all that lakeside living has to offer. From the deck, a groomed lawn leads to your private beach. Swim, enjoy family campfires and feel that you're at your own private resort everyday. This is a rare opportunity to own waterfront property that is in short supply only steps away from Presqu'ile Provincial Park. This can also be a great investment property (i.e. Airbnb) (id:65958)

Subtype
Single Family
Architectural style
Bungalow
Structure
House
Community
Rural Brighton
Common interest
Freehold
Lot dimensions
100 x 448.3 FT ; SEE SCHEDULE B
Bedrooms
3 above grade
Parking
9 total
Stories
1
Fireplace
Yes
On market
Apr 21, 2026
Status changed
Apr 21, 2026
Annual tax
$4,744
Photos
44
MLS#
X13024846
Area
BRIGHTON

Features and systems

Parking

Detached GarageGarage

Basement

UnfinishedCrawl space

Appliances

Window Coverings

Heating

Baseboard heatersElectric

Cooling

None

Exterior

Wood

Foundation

Concrete

View

Direct Water View

Waterfront

Waterfront on lake
Negative cash flow ~$986/mo at these assumptions

Cash on cash

-6.61%

Cap rate

3.54%

GRM

16.7

Break-even rent

$5,512

Financing

Down payment$179,000
Loan amount$716,000
Mortgage$3,628/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$410
Insurance$80
Maintenance$746
CapEx reserve$373
Vacancy loss$224

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 $3,628/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 21, 2026.

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