6470 Bilberry Drive 414, Orleans - Convent Glen and Area

$269,900
6470 Bilberry Drive 414

$269,900

New
8d
Condo ApartmentApartment

6470 Bilberry Drive 414, Orleans - Convent Glen and Area

Total Monthly Obligation $2,166

Beds
2
Baths
2
Park
1
Sqft
800-899
DOM
8d
Score
23
Yield
9.3%
Cash on Cash
1.4%
Cap Rate
4.9%
5Y IRR
16.7%
10Y IRR
15.5%
Property Type-Condo Apartment
MLS® Number-X14088436
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Oct 15, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,193.99 (2026)
Maintenance-$694.26/mo
Locker-Owned
Parking-1 - None
Basement-None
Heating-Baseboard (Electric)
Brokerage-COLDWELL BANKER RHODES & COMPANY
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Vinyl Siding
Possession-ASAP
Neighbourhood-2003 - Orleans Wood
Title-Residential Condo & Other

No agent assigned

Affordable Top-Floor Living in a Fantastic Location! Welcome to Unit 414 at 6470 Bilberry Drive, a spacious 2-bedroom, 2-bathroom condominium offering comfort, convenience, and exceptional value in a desirable, well-maintained building. Situated on the top floor with no neighbours above, this inviting unit provides added peace and privacy in a quiet residential setting. The functional layout offers comfortable living and dining spaces, two generously sized bedrooms, a full bathroom, and a convenient powder room. Step outside onto your private balcony, the perfect spot to enjoy your morning coffee or relax at the end of the day. Additional features include one parking space and elevator access for added convenience. Ideally located close to shopping, restaurants, parks, walking trails, public transportation, and everyday amenities, this property offers easy access to everything you need while enjoying the benefits of a peaceful neighbourhood. Whether you're a first-time buyer, downsizer, or investor, this affordable condominium presents a fantastic opportunity to enjoy low-maintenance living in a great location. An excellent combination of space, convenience, and value!

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

Closing Costs

Mortgage Amount
$215,920
Land Transfer Taxes$2,524
Legal Fees (Est.)
$
Total cash required for closing$58,004

Total Monthly Obligation

$2,166/mo
Mortgage $1,089
Monthly Loss $1,879
Principal$286
Interest$802
Property Tax$183
Condo Fees$694
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-5.9%2
5-Year IRR
11.5%46
10-Year IRR
12.2%
Returns Index
23.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$25,056/yr
NOI
$9,625/yr
Net Cash Flow
-$287/mo
Cash Margin
-13.7%0
Cash Flow Index
0.3/ 100
Risk Profile
Weight: 20%
DSCR
0.7411
LTV Ratio
80.0%18
Vacancy Buffer
4.4 mo75
Risk Index
35.0/ 100

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

Comparables

Properties near 6470 Bilberry Drive 414

Time

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Data last updated within the past 24 hours.