345 Centrum Boulevard 306, Orleans - Cumberland and Area

$269,900
345 Centrum Boulevard 306

$269,900

New
24d
Condo ApartmentApartment

345 Centrum Boulevard 306, Orleans - Cumberland and Area

Total Monthly Obligation $1,981

Beds
2
Baths
1
Park
1
Sqft
700-799
DOM
24d
Score
20
Yield
7.4%
Cash on Cash
-3.5%
Cap Rate
3.8%
5Y IRR
12.8%
10Y IRR
12.4%
Property Type-Condo Apartment
MLS® Number-X13843100
Beds-2
Bathrooms-1
Size-700-799 sqft
Listed on site-Sep 29, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$1,865 (2026)
Maintenance-$537/mo
Locker-Ensuite+Owned
Parking-1 - None
Basement-None
Heating-Baseboard (Electric)
Brokerage-RE/MAX HALLMARK REALTY GROUP
Cooling-Other
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-TBA
Neighbourhood-1102 - Bilberry Creek/Queenswood Heights
Title-Residential Condo & Other

No agent assigned

Welcome to 345 Centrum Boulevard, a bright and inviting updated two bedroom apartment offering comfortable, low-maintenance living in the heart of Orleans. The functional layout features a spacious living and dining area with plenty of natural light, a practical kitchen with lots of counter space and cabinetry, two well-proportioned bedrooms, and ample in-unit storage-ideal for first-time buyers, downsizers, professionals, or investors. One of the standout features of this condo is its exceptionally convenient location. Situated in the Orleans Town Centre, you are within easy walking distance of shopping, restaurants, transit, medical offices, the Shenkman Arts Centre and the many amenities surrounding Place d' Orleans. The area is considered very walkable, with parks, pedestrian connections and cycling opportunities nearby. Outdoor enthusiasts will appreciate convenient access to nearby parks, walking and cycling pathways, while commuters will enjoy easy access to public transit, the LRT and Highway 174. The Centrum Boulevard area serves as a major community hub, bringing together shopping, recreation, cultural amenities and everyday services. With two bedrooms, a versatile layout and an excellent location close to virtually everything Orléans has to offer, this home is a wonderful opportunity to enjoy convenient condo living in an established community.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$215,920
Land Transfer Taxes$2,524
Legal Fees (Est.)
$
Total cash required for closing$58,004

Total Monthly Obligation

$1,981/mo
Mortgage $1,089
Monthly Loss $1,695
Principal$286
Interest$802
Property Tax$155
Condo Fees$537
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.6%16
Cash-on-Cash
-10.2%1
5-Year IRR
8.0%23
10-Year IRR
9.4%
Returns Index
12.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$19,836/yr
NOI
$7,143/yr
Net Cash Flow
-$493/mo
Cash Margin
-29.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.556
LTV Ratio
80.0%18
Vacancy Buffer
4.8 mo81
Risk Index
35.1/ 100

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

Comparables

Properties near 345 Centrum Boulevard 306

Time

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Data last updated within the past 24 hours.