1765 Lamoureux Drive B, Orleans - Cumberland and Area

$349,900
1765 Lamoureux Drive B

$349,900

Price Change
91d
Condo Townhouse2-Storey

1765 Lamoureux Drive B, Orleans - Cumberland and Area

Total Monthly Obligation $2,555

Beds
3
Baths
2
Park
1
Sqft
1200-1399
DOM
91d
Score
23
Yield
8.4%
Cash on Cash
0.9%
Cap Rate
4.8%
5Y IRR
16.3%
10Y IRR
15.2%
Property Type-Condo Townhouse
MLS® Number-X13604276
Beds-3
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Jul 24, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$2,234 (2025)
Maintenance-$757.1/mo
Locker-None
Parking-1 - None
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-CMI REAL ESTATE INC.
Cooling-Central Air
Laundry-Yes
Fireplace-Wood
Pool-None
Exterior-Brick, Vinyl Siding
Possession-Immediate
Neighbourhood-1104 - Queenswood Heights South
Title-Residential Condo & Other

No agent assigned

Welcome to Queenswood Heights, one of Orleans' most established and convenient neighbourhoods. This move-in ready end-unit townhouse has been thoughtfully updated throughout, offering a clean, modern feel with practical upgrades where they matter most. The kitchen is a standout feature, showcasing ceiling-height white shaker cabinetry, quartz countertops, subway tile backsplash, and a full LG stainless steel appliance suite-including a French door refrigerator, slide-in electric range, built-in dishwasher, and over-the-range microwave. The main level offers a functional layout, flowing from the dining area with dark hardwood flooring into a sunken living room with sliding glass doors leading to a private, fenced patio framed by mature cedar hedges. An updated powder room with a dark wood vanity and quartz countertop completes the level. Upstairs features three bedrooms, including a primary with mirrored sliding closet doors and custom blinds, along with a renovated four-piece bathroom featuring a marble-topped vanity and tiled tub surround. The finished basement adds valuable living space with two carpeted rooms-ideal for a home office, gym, or rec area-as well as a separate laundry room equipped with LG front-load washer and dryer. Additional highlights include a smart thermostat, one parking space, and an on-site playground. Unbeatable location: just steps to Tenth Line Road with GoodLife Fitness, groceries, and everyday amenities across the street. Minutes to Place d'Orleans, Highway 174, and the upcoming LRT East Extension (Place d'Orleans and Trim stations, opening 2026). Walking distance to Our Lady of Wisdom, Dunning-Foubert, and Sir Wilfrid Laurier Secondary School.

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

Closing Costs

Mortgage Amount
$279,920
Land Transfer Taxes$3,724
Legal Fees (Est.)
$
Total cash required for closing$75,204

Total Monthly Obligation

$2,555/mo
Mortgage $1,411
Monthly Loss $2,183
Principal$371
Interest$1,040
Property Tax$186
Condo Fees$757
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.7%24
Cash-on-Cash
-5.5%2
5-Year IRR
11.7%48
10-Year IRR
12.3%
Returns Index
24.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$29,496/yr
NOI
$12,827/yr
Net Cash Flow
-$342/mo
Cash Margin
-13.9%0
Cash Flow Index
0.3/ 100
Risk Profile
Weight: 20%
DSCR
0.7612
LTV Ratio
80.0%18
Vacancy Buffer
3.7 mo64
Risk Index
31.6/ 100

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

Comparables

Properties near 1765 Lamoureux Drive B

Time

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