1699E Lamoureux Drive, Orleans - Cumberland and Area

$369,900
1699E Lamoureux Drive

$369,900

New
50d
Condo Townhouse2-Storey

1699E Lamoureux Drive, Orleans - Cumberland and Area

Total Monthly Obligation $2,659

Beds
3
Baths
2
Park
1
Sqft
1000-1199
DOM
50d
Score
21
Yield
8.0%
Cash on Cash
-0.6%
Cap Rate
4.5%
5Y IRR
15.1%
10Y IRR
14.2%
Property Type-Condo Townhouse
MLS® Number-X13741176
Beds-3
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Sep 3, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$2,340 (2026)
Maintenance-$772.1/mo
Locker-None
Parking-1 - None
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-REAL BROKER ONTARIO LTD.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Exterior-Vinyl Siding, Brick Front
Foundation-Poured Concrete
Possession-Flexible
Neighbourhood-1104 - Queenswood Heights South
Title-Residential Condo & Other

No agent assigned

Welcome to 1699E Lamoureux Drive in the heart of Orleans! This well-maintained 3-bedroom, 1.5-bathroom condo townhouse offers a functional layout, tasteful updates, and a fantastic location close to everything you need.The bright main floor features a modern white kitchen, a convenient powder room, a spacious dining area, and a comfortable living room with direct access to a newly built deck-perfect for relaxing or entertaining. Upstairs, you'll find three generously sized bedrooms and a full bathroom.The finished basement adds valuable living space with a large recreation room, laundry area, and ample storage. With 1 dedicated parking space, this home offers exceptional convenience. Ideally located just minutes from schools, parks, shopping, restaurants, public transit, recreation facilities, and easy highway access, this move-in-ready home is an excellent opportunity to enjoy everything Orleans has to offer.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$295,920
Land Transfer Taxes$4,024
Legal Fees (Est.)
$
Total cash required for closing$79,504

Total Monthly Obligation

$2,659/mo
Mortgage $1,492
Monthly Loss $2,267
Principal$393
Interest$1,099
Property Tax$195
Condo Fees$772
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.4%22
Cash-on-Cash
-6.6%2
5-Year IRR
10.8%41
10-Year IRR
11.5%
Returns Index
21.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$29,592/yr
NOI
$12,628/yr
Net Cash Flow
-$440/mo
Cash Margin
-17.8%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7110
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo62
Risk Index
30.0/ 100

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

Comparables

Properties near 1699E Lamoureux Drive

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.