636 Merkley Drive, Orleans - Cumberland and Area

$1,350,000
636 Merkley Drive

$1,350,000

New
22d
Detached2-Storey

636 Merkley Drive, Orleans - Cumberland and Area

Total Monthly Obligation $5,821

Beds
5
Baths
4
Park
4
Sqft
2500-3000
DOM
22d
Score
17
Yield
3.5%
Cash on Cash
-5.9%
Cap Rate
3.3%
5Y IRR
11.0%
10Y IRR
11.0%
Property Type-Detached
MLS® Number-X13851710
Beds-5
Bathrooms-4
Size-2500-3000 sqft
Lot Size-52.62 × 100.07 ft
Listed on site-Oct 1, 2026
Style-2-Storey
Building Type-Detached
Taxes-$1 (2026)
Parking-6 - Built-In
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-EXIT REALTY MATRIX
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-1105 - Fallingbrook/Pineridge
Title-Residential Freehold

No agent assigned

Extensively renovated with approximately 2,906 square feet above grade, 636 Merkley Drive offers four bedrooms upstairs, a fifth bedroom in the finished basement, and four bathrooms. The redesigned main floor features an open layout with hardwood flooring, generous living and dining spaces, and a kitchen with an oversized island, integrated appliances, and extensive cabinetry. Glass railings and an open staircase add a contemporary focal point, while a fireplace brings warmth to the living space. Main-floor laundry adds everyday convenience. The spacious primary suite includes a sitting area, a substantial walk-in closet, and an ensuite with a freestanding tub and glass shower. Three additional bedrooms and another full bathroom complete the upper level. The finished basement offers an expansive recreation room, a fifth bedroom, and a full bathroom, with space for a home gym, media room, or guest accommodation. Outside, the fully fenced lot, with a double garage and four driveway spaces providing parking for six vehicles. Located in Fallingbrook near schools, parks, recreation, transit, and shopping. Flexible possession available.

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

Closing Costs

Mortgage Amount
$1,080,000
Land Transfer Taxes$23,475
Legal Fees (Est.)
$
Total cash required for closing$294,975

Total Monthly Obligation

$5,821/mo
Mortgage $5,446
Monthly Loss $4,388
Principal$1,433
Interest$4,013
Property Tax$0
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%17
Cash-on-Cash
-9.2%1
5-Year IRR
8.2%24
10-Year IRR
9.1%
Returns Index
13.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$47,832/yr
NOI
$38,548/yr
Net Cash Flow
-$2,233/mo
Cash Margin
-56.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.597
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo26
Risk Index
16.8/ 100

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

Comparables

Properties near 636 Merkley Drive

Time

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