6803 Barsona Place, Orleans - Convent Glen and Area

$895,000
6803 Barsona Place

$895,000

New
106d
DetachedBungalow

6803 Barsona Place, Orleans - Convent Glen and Area

Total Monthly Obligation $4,495

Beds
4
Baths
4
Park
4
Sqft
1500-2000
DOM
106d
Score
18
Yield
4.8%
Cash on Cash
-3.5%
Cap Rate
3.8%
5Y IRR
12.8%
10Y IRR
12.4%
Property Type-Detached
MLS® Number-X13541472
Beds-4
Bathrooms-4
Size-1500-2000 sqft
Lot Size-73.46 × 75 ft
Listed on site-Jul 9, 2026
Style-Bungalow
Building Type-Detached
Age-16-30
Taxes-$6,118 (2026)
Parking-6 - Attached
Basement-Finished, Full, Apartment
Heating-Forced Air (Gas)
Brokerage-AVENUE NORTH REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Property to be Fully Vacant August 31st
Neighbourhood-2011 - Orleans/Sunridge
Title-Residential Freehold

No agent assigned

Rarely offered legal SDU (secondary dwelling unit) bungalow in a prime Orléans location! Offering approximately 1,503 sq. ft. above grade, per city records, with a spacious lower-level secondary dwelling of similar size, this versatile property is ideal for homeowners, investors, or multi-generational families. The bright main-level bungalow features 2 bedrooms, 1.5 bathrooms, and a private rear balcony, offering a comfortable and functional living space. The professionally finished legal secondary dwelling unit offers 2 bedrooms and 1.5 bathrooms, a generous layout, high ceilings, and oversized windows that bring in an abundance of natural light, making the lower level feel remarkably above grade. The property just became Fully Vacant Sept 1st, giving buyers the flexibility to set their own market rents, live in one unit while renting the other, or accommodate extended family. In today's rental market, owner-occupants can significantly offset their monthly carrying costs, while investors can maximize rental income from day one .Additional highlights include separate hydro meters, an attached double-car garage, parking for up to six vehicles with 2 garage spaces and 4 driveway spaces, plus a storage shed for added convenience. Located close to schools, parks, shopping, transit, and major amenities, this is a rare opportunity to own a turnkey legal income property in one of Orléans' most desirable neighborhoods.

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%
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$
$
(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$716,000
Land Transfer Taxes$14,375
Legal Fees (Est.)
$
Total cash required for closing$194,875

Total Monthly Obligation

$4,495/mo
Mortgage $3,610
Monthly Loss $3,545
Principal$950
Interest$2,660
Property Tax$510
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.2%19
Cash-on-Cash
-7.8%1
5-Year IRR
9.4%32
10-Year IRR
10.1%
Returns Index
17.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$43,188/yr
NOI
$28,251/yr
Net Cash Flow
-$1,256/mo
Cash Margin
-34.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.658
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo33
Risk Index
20.0/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 6803 Barsona Place

Time

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