1557 Belcourt Boulevard, Orleans - Convent Glen and Area

$865,000
1557 Belcourt Boulevard

$865,000

New
86d
DetachedBungalow

1557 Belcourt Boulevard, Orleans - Convent Glen and Area

Total Monthly Obligation $4,279

Beds
4
Baths
3
Park
4
Sqft
1100-1500
DOM
86d
Score
18
Yield
4.5%
Cash on Cash
-4.5%
Cap Rate
3.6%
5Y IRR
12.0%
10Y IRR
11.8%
Property Type-Detached
MLS® Number-X13616812
Beds-4
Bathrooms-3
Size-1100-1500 sqft
Lot Size-32.81 × 133.99 ft
Listed on site-Jul 29, 2026
Style-Bungalow
Building Type-Detached
Taxes-$4,973.93 (2026)
Parking-5 - Attached
Basement-Full, Finished, Finished with Walk-Out, Walk-Out, Separate Entrance, Apartment
Heating-Radiant (Gas)
Brokerage-EXIT REALTY MATRIX
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-2011 - Orleans/Sunridge
Title-Residential Freehold

No agent assigned

Two complete living spaces. One smart opportunity. Welcome to 1557 Belcourt Boulevard, a modern 2+2 bedroom, 3-full-bathroom bungalow offering exceptional flexibility for families, multigenerational living, or rental income. Built in 2016, this property features two legal, self-contained residential units, each with its own kitchen, living space, bedrooms, bathroom, laundry, and private entrance. The property also includes two utility meters and a shared owned hot water tank. The bright upper bungalow residence offers 2-bedrooms, 2-full bathrooms, direct garage access, and its own additional lower-level family room. The main level features hardwood and tile flooring, cathedral ceilings, and an open-concept living and dining area. The spacious kitchen includes quartz countertops, stainless steel appliances, rich cabinetry, a built-in wine rack, and access to the private backyard. The primary bedroom features dual closets and a 5-piece ensuite with double sinks. With its own separate entrance, the second residence offers approximately 1,234 sq. ft. of comfortable living space. It features 2-bedrooms, 1-full bathroom, a complete kitchen, a living area, private laundry, large windows, and radiant heated flooring. This setup is ideal for larger or multigenerational families who want to live close while still enjoying their own private spaces. It also provides the opportunity to live in one unit and rent the other to help offset the mortgage. Complete with four parking spaces, an attached garage, nearby transit, and convenient access to Place d'Orléans, shopping, schools, parks, and everyday amenities, this is a unique property with space, privacy, and flexibility for a variety of living arrangements.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$692,000
Land Transfer Taxes$13,775
Legal Fees (Est.)
$
Total cash required for closing$188,275

Total Monthly Obligation

$4,279/mo
Mortgage $3,489
Monthly Loss $3,360
Principal$918
Interest$2,571
Property Tax$414
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.7%1
5-Year IRR
8.7%27
10-Year IRR
9.6%
Returns Index
14.8/ 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
$39,000/yr
NOI
$25,626/yr
Net Cash Flow
-$1,354/mo
Cash Margin
-41.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo35
Risk Index
20.3/ 100

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

Comparables

Properties near 1557 Belcourt Boulevard

Time

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