2-Bed Bungalow with Workshop Shed in Rockland

Property details for 501 St. Louis Street, Clarence Rockland

Type: Residential
Style: Bungalow
Bedrooms: 2
Bathrooms: 1
Lot Size: 60 x 66 FT
Stories: 1
Basement: Crawl space
Parking: No Garage
Heating: Forced air, Natural gas
Cooling: None
Exterior: Vinyl siding
Ownership: Freehold
Annual Taxes: $2,520

This 2-bed, 1-bath bungalow sits on a 60 x 66 ft lot in a quiet Rockland neighborhood. Inside, it's freshly painted throughout (2023) with an open living and kitchen area. The carpet-free floors are easy to clean. Energy-efficient triple-pane windows (2023) and an insulated crawl space keep utilities low. A side deck (2026) is perfect for morning coffee. Beyond the house, a powered workshop shed splits into two sections: one for hobbies, the other for storage. Driveway fits two cars side by side. You're half a km from Tim Hortons, Buster's Bar & Grill, and Gabriel Pizza. The LRT Trim Station is a short drive for commuters. With a price of $399,000, it's below the $414,900 median nearby, and nearby homes sell in about 100 days. This place is practical, efficient, and ready for you. Some furniture is negotiable.

About 501 St. Louis Street, Clarence Rockland — Property Score

Strong Investment Well Priced

Score: 64/100

Value

Priced 36.1% below area median of $624,900 based on 71 comparable properties nearby 100

Stable pricing - no price changes since original listing date 50

Size

2 bedrooms - 1 fewer than similarly priced 3-bedroom homes nearby 48

1 bathroom - 1 fewer than similarly priced properties nearby 48

3,960 sqft lot - a compact lot for the area 55

Location

$53K median household income - below the Canadian average of $70K 56

68% of residents hold postsecondary credentials - a highly educated neighbourhood 77

44% homeownership rate - a renter-majority neighbourhood 60

42% of residents commute under 30 minutes - good commuting convenience 64

3,614/km² population density - a well-balanced suburban area 94

Market

Just listed - area average is 25 days on market 100

-8.4% median price change over 1 month - declining prices in the area 8

33 months of housing supply - 132 active listings with 4 sold last month (buyer's market) 40

Features

2-car garage - area average is 6.9 spots 80

Crawl space basement 50

efficient gas forced air heating 80

None 30

No premium extras like pool, waterfront, or view 50

Investment

0.63% effective tax rate ($2,520/yr) - below the Canadian average of ~1% 81

+162.5% area price change year-over-year - strong appreciation in Clarence Rockland 100

57% renter population - strong rental demand in this area 98

Quality

Condition

Listing

39 photos provided - 11% more than the area average of 35 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.