986 Sheenboro Crescent, Orleans - Cumberland and Area

$799,900
986 Sheenboro Crescent

$799,900

Sold Conditional Escape
16d
Detached2-Storey

986 Sheenboro Crescent, Orleans - Cumberland and Area

Total Monthly Obligation $4,005

Beds
4
Baths
3
Park
4
Sqft
1500-2000
DOM
16d
Score
18
Yield
4.7%
Cash on Cash
-4.0%
Cap Rate
3.7%
5Y IRR
12.4%
10Y IRR
12.1%
Property Type-Detached
MLS® Number-X13875926
Beds-4
Bathrooms-3
Size-1500-2000 sqft
Lot Size-35.1 × 109.05 ft
Listed on site-Oct 7, 2026
Style-2-Storey
Building Type-Detached
Age-16-30
Taxes-$4,846.86 (2025)
Parking-6 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-TRU REALTY
Cooling-Central Air
Laundry-No
Fireplace-Family Room, Natural Gas
Pool-None
Facing-West
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-1105 - Fallingbrook/Pineridge
Title-Residential Freehold

No agent assigned

Renovated, Refined & Ready for Its Next Chapter. If you've been looking for a home where the renovations are done, the big-ticket items are handled, and your biggest project is deciding where the furniture goes - 986 Sheenboro Crescent may be the one.This beautifully updated Fallingbrook home has been professionally renovated throughout the main floor and all bathrooms. The 2025 kitchen features quartz countertops throughout the home with a 25-year transferable warranty, induction stove, dishwasher and refrigerator. Hardwood flooring was updated in 2020, while all light fixtures and recessed lighting were updated in 2025. Flat ceilings throughout the main floor and upper hallway add a clean, contemporary feel. All windows were replaced with triple-pane windows in 2018, along with the patio door. The home is Cat 6 wired throughout, professionally painted in 2025, and includes a fully finished basement with a 4th bedroom and two egress windows.Major updates include roof (2014), furnace (2015), A/C (2024), owned hot water tank (2024), washer/dryer (2024), new fireplace insert and exhaust (2026), and garage door opener (2024).Outside, enjoy professionally landscaped grounds, a refinished porch (2026), and a 2023 gazebo on the deck - perfect for morning coffee, summer dinners or entertaining. A new cedar fence is scheduled for October 2026, adding privacy and finishing the backyard beautifully.Close to schools, Fallingbrook Park, Millennium Park and Petrie Island, this home offers comfort, convenience and recreation. In short: a long renovation list, a very short honey-do list, and a home ready for its next chapter. The only thing left is to update is your address.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$639,920
Land Transfer Taxes$12,473
Legal Fees (Est.)
$
Total cash required for closing$173,953

Total Monthly Obligation

$4,005/mo
Mortgage $3,227
Monthly Loss $3,156
Principal$849
Interest$2,378
Property Tax$404
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.4%1
5-Year IRR
9.0%29
10-Year IRR
9.8%
Returns Index
15.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$37,332/yr
NOI
$24,252/yr
Net Cash Flow
-$1,206/mo
Cash Margin
-38.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo38
Risk Index
21.4/ 100

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

Comparables

Properties near 986 Sheenboro Crescent

Time

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