269 Elderberry Terrace, Orleans - Cumberland and Area

$589,900
269 Elderberry Terrace

$589,900

New
17d
DetachedBungalow

269 Elderberry Terrace, Orleans - Cumberland and Area

Total Monthly Obligation $3,062

Beds
3
Baths
2
Park
3
Sqft
1100-1500
DOM
17d
Score
24
Yield
6.1%
Cash on Cash
2.3%
Cap Rate
5.1%
5Y IRR
17.4%
10Y IRR
16.1%
Property Type-Detached
MLS® Number-X13873298
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-35 × 100 ft
Listed on site-Oct 6, 2026
Style-Bungalow
Building Type-Detached
Taxes-$3,695 (2025)
Parking-4 - Carport
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE INTEGRITY REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick, Stucco (Plaster)
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-1101 - Chatelaine Village
Title-Residential Freehold

No agent assigned

Chatelaine Village. Well maintained 3 bedroom, 2 bathroom bungalow in Orléans, lovingly cared for by the same family for over 20 years. The open-concept kitchen and living room is the heart of the home, with large windows and a built-in dining room bar made for hosting. A patio door opens to a private backyard. The big updates are done: roof (2015), updated furnace and central A/C 2020, and updated windows 2012. The lower level adds a semi-finished space with a full bathroom, a family room, guest area, and hobby space. Carport parking and a backyard shed. Flexible possession.

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

Closing Costs

Mortgage Amount
$471,920
Land Transfer Taxes$8,273
Legal Fees (Est.)
$
Total cash required for closing$127,753

Total Monthly Obligation

$3,062/mo
Mortgage $2,379
Monthly Loss $2,436
Principal$626
Interest$1,753
Property Tax$308
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.1%28
Cash-on-Cash
-3.3%4
5-Year IRR
13.1%58
10-Year IRR
13.0%
Returns Index
30.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
24/ 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
$36,240/yr
NOI
$24,421/yr
Net Cash Flow
-$344/mo
Cash Margin
-11.4%1
Cash Flow Index
0.5/ 100
Risk Profile
Weight: 20%
DSCR
0.8617
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo52
Risk Index
29.2/ 100

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

Comparables

Properties near 269 Elderberry Terrace

Time

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