50 Briargate Private 7, Orleans - Cumberland and Area

$348,000
50 Briargate Private 7

$348,000

New
21d
Condo ApartmentApartment

50 Briargate Private 7, Orleans - Cumberland and Area

Total Monthly Obligation $2,320

Beds
2
Baths
2
Park
1
Sqft
1000-1199
DOM
21d
Score
21
Yield
6.9%
Cash on Cash
-2.5%
Cap Rate
4.0%
5Y IRR
13.6%
10Y IRR
13.0%
Property Type-Condo Apartment
MLS® Number-X13854080
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 2, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,079.03 (2026)
Maintenance-$460.15/mo
Locker-None
Parking-1 - None
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX ABSOLUTE WALKER REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Other
Possession-Flexible
Neighbourhood-1107 - Springridge/East Village
Title-Residential Condo & Other

No agent assigned

Welcome to Unit 7 at 50 Briargate Private, a bright and spacious 2-bedroom, 2-bathroom corner condo in a convenient Orleans location. This well maintained condo is an ideal opportunity for first-time buyers, savvy investors or downsizers. Large windows fill the open-concept living and dining area with natural light, creating a warm and welcoming space to relax or entertain.The kitchen offers generous cabinetry and plenty of counter space, making everyday cooking easy and practical. The spacious primary bedroom offers a private entry to the 4 piece main bathroom complete with a separate shower and soaker tub. Step outside to your private balcony and enjoy your morning coffee or unwind at the end of the day while taking in the peaceful neighbourhood views.Thoughtful updates include new windows in May 2026, flooring installed in 2021, and a washer/dryer and hot water tank replaced in 2025. The well-maintained, family-friendly building is ideally located close to parks, schools, shopping, restaurants and public transit, with easy access to Highway 174.Whether you're a first-time buyer, downsizer or simply looking for a comfortable, move-in ready home, this bright corner unit offers the space, updates and location to make everyday living easy.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$278,400
Land Transfer Taxes$3,695
Legal Fees (Est.)
$
Total cash required for closing$74,795

Total Monthly Obligation

$2,320/mo
Mortgage $1,404
Monthly Loss $1,951
Principal$369
Interest$1,034
Property Tax$257
Condo Fees$460
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.0%19
Cash-on-Cash
-8.3%1
5-Year IRR
9.4%31
10-Year IRR
10.3%
Returns Index
16.6/ 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
$24,000/yr
NOI
$10,599/yr
Net Cash Flow
-$520/mo
Cash Margin
-26.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
4.1 mo71
Risk Index
32.4/ 100

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

Comparables

Properties near 50 Briargate Private 7

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.