50 Prestige Circle 8, Orleans - Cumberland and Area

$388,900
50 Prestige Circle 8

$388,900

New
18d
Condo ApartmentApartment

50 Prestige Circle 8, Orleans - Cumberland and Area

Total Monthly Obligation $2,738

Beds
2
Baths
2
Park
1
Sqft
1200-1399
DOM
18d
Score
25
Yield
8.6%
Cash on Cash
3.0%
Cap Rate
5.2%
5Y IRR
18.0%
10Y IRR
16.6%
Property Type-Condo Apartment
MLS® Number-X13863036
Beds-2
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 5, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,669 (2026)
Maintenance-$663.29/mo
Locker-None
Parking-1 - None
Basement-None
Heating-Forced Air (Gas)
Brokerage-PAUL RUSHFORTH REAL ESTATE INC.
Cooling-Central Air
Laundry-Yes
Fireplace-Yes
Pool-None
Exterior-Brick, Vinyl Siding
Possession-Flexible
Neighbourhood-1101 - Chatelaine Village
Title-Residential Condo & Other

No agent assigned

Wake up to peaceful riverfront surroundings without giving up the convenience of city living. Perfectly positioned in the sought after Petrie's Landing community, this beautifully appointed top floor 2 bedroom condo offers a lifestyle defined by nature, comfort, and quality. Designed with both everyday living and entertaining in mind, the bright open concept layout features 9 foot ceilings, rich hardwood flooring, and expansive bay windows that flood the space with natural light. The kitchen is finished with granite countertops, quality cabinetry, and generous workspace, flowing seamlessly into the spacious living and dining areas. A cozy gas fireplace creates the perfect gathering place on cooler evenings, while the oversized private balcony offers beautiful views and the ideal setting to enjoy your morning coffee or unwind at the end of the day. Both bedrooms are generously sized, providing comfortable accommodations for homeowners, guests, or a home office. High quality finishes throughout and thoughtful design make this home completely move in ready. Just steps from the Ottawa River, scenic walking and cycling trails, public transit, parks, and all the amenities Orléans has to offer, this is an exceptional opportunity to enjoy low maintenance condominium living in one of Ottawa's most desirable waterfront communities. Combining an unbeatable location, premium finishes, and outstanding value, this is a home you'll be proud to call your own.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$311,120
Land Transfer Taxes$4,309
Legal Fees (Est.)
$
Total cash required for closing$83,589

Total Monthly Obligation

$2,738/mo
Mortgage $1,569
Monthly Loss $2,325
Principal$413
Interest$1,156
Property Tax$306
Condo Fees$663
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.2%29
Cash-on-Cash
-3.1%4
5-Year IRR
13.5%61
10-Year IRR
13.7%
Returns Index
31.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
25/ 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
$33,600/yr
NOI
$16,212/yr
Net Cash Flow
-$218/mo
Cash Margin
-7.8%1
Cash Flow Index
1.0/ 100
Risk Profile
Weight: 20%
DSCR
0.8617
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo59
Risk Index
31.7/ 100

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

Comparables

Properties near 50 Prestige Circle 8

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.