231 Mountain Sorrel Way, Orleans - Cumberland and Area

$609,900
231 Mountain Sorrel Way

$609,900

New
9d
Att/Row/Townhouse2-Storey

231 Mountain Sorrel Way, Orleans - Cumberland and Area

Total Monthly Obligation $3,220

Beds
3
Baths
3
Park
2
Sqft
1100-1500
DOM
9d
Score
20
Yield
5.4%
Cash on Cash
-1.7%
Cap Rate
4.2%
5Y IRR
14.2%
10Y IRR
13.5%
Property Type-Att/Row/Townhouse
MLS® Number-X14032110
Beds-3
Bathrooms-3
Size-1100-1500 sqft
Lot Size-20.34 × 95.28 ft
Listed on site-Oct 14, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Age-6-15
Taxes-$4,617 (2026)
Parking-3 - Built-In
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE INTEGRITY REALTY
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas, Living Room
Pool-None
Facing-West
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBA
Neighbourhood-1117 - Avalon West
Title-Residential Freehold

No agent assigned

Welcome to this bright & modern 3-bedroom, 2.5-bathroom townhome with a finished basement and no rear neighbours! Built in 2018, this move-in ready Minto Haven offers a functional layout, stylish finishes and an ideal location. Pull into the driveway with parking for 2 vehicles and great curb appeal, then step inside the welcoming foyer with tile flooring and a large closet. The thoughtfully designed open-concept main floor features gleaming hardwood flooring, recessed lighting and 9-foot smooth ceilings, creating a bright and airy feel throughout. Pass by the convenient powder room and inside access to the garage before entering the spacious living and dining areas, filled with natural light from large windows and anchored by a cozy gas fireplace that perfectly frames the living space. The modern kitchen is as functional as it is stylish, featuring white cabinetry, stainless steel appliances, quartz countertops, a large island and ample cabinet and counter space. Patio doors lead to the fully fenced backyard with a large deck and the rare bonus of no rear neighbours, with a future school planned behind the property. Upstairs, hardwood flooring continues throughout the bedroom level, where you'll find a generous primary bedroom with a walk-in closet and 3-piece ensuite, along with two additional well-sized bedrooms and a full bathroom. The fully finished basement adds even more living space with a bright and versatile family room, plenty of storage and a dedicated laundry area with front-loading washer and dryer on pedestals and a utility sink. Ideally located in a family-friendly and highly connected neighbourhood close to transit, shopping, restaurants and cafés, grocery stores, gyms, a movie theatre, the Orléans Health Hub, parks and schools. Offering a fantastic combination of space, location and value, this immaculate home is ready for its next owners. *Photos are virtually staged*.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$487,920
Land Transfer Taxes$8,673
Legal Fees (Est.)
$
Total cash required for closing$132,153

Total Monthly Obligation

$3,220/mo
Mortgage $2,460
Monthly Loss $2,573
Principal$647
Interest$1,813
Property Tax$385
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-7.0%1
5-Year IRR
10.2%37
10-Year IRR
10.7%
Returns Index
19.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$32,760/yr
NOI
$20,367/yr
Net Cash Flow
-$763/mo
Cash Margin
-27.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.6910
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo50
Risk Index
25.8/ 100

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

Comparables

Properties near 231 Mountain Sorrel Way

Time

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Data last updated within the past 24 hours.