$399,900
For sale: Detached

INCOME OPPORTUNITY! Excellent long-term tenant-occupied, two-bedroom bungalow ideally located in the heart of Rockland, close to shopping and all the required everyday amenities. A great opportunity for investors seeking a property with an established tenant and immediate rental income.This carpet-free home offers a practical main-level layout with generously sized living spaces, including a comfortable living room, functional kitchen, primary bedroom, secondary bedroom, full main bathroom and convenient mudroom. The layout provides easy one-level living and makes excellent use of the available space. The full lower level is unfinished and features low ceiling height, offering useful storage space and housing the laundry area. The basement is not intended as additional living space but provides practical utility and storage. A partially fenced side yard with deck extends the summer living space. Currently leased at $898/month, including water, with hydro costs approximately $375/month. The property is occupied by a lovely, cooperative long-term tenant who is willing to remain, providing an excellent opportunity for a buyer looking for a stable rental arrangement from day one. Parking for one vehicle is conveniently located directly in front of the home. Located in a central Rockland setting with easy access to schools, green space, recreational facilities and local amenities, this property offers an appealing combination of location, affordability and income potential. 24 hours' notice required for all showings. 72-hour irrevocable on offers.
Sold data
Detached homes in Clarence-Rockland took a median of 28 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 50, across 102 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 48 days.
The median sale price was $619,900.
Homes sold for about 1.9% below asking on average, so there was room to negotiate.
About 10% of sales closed above the list price.
Around 21% of sellers reduced their price before finding a buyer.
Based on 102 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
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