8 Fead Street 404, Orangeville

$538,900
8 Fead Street 404

$538,900

New
24d
Condo ApartmentApartment

8 Fead Street 404, Orangeville

Total Monthly Obligation $3,285

Beds
2
Baths
1
Park
1
Sqft
800-899
DOM
24d
Score
17
Yield
5.0%
Cash on Cash
-8.9%
Cap Rate
2.7%
5Y IRR
8.6%
10Y IRR
9.2%
Property Type-Condo Apartment
MLS® Number-W13839314
Beds-2
Bathrooms-1
Size-800-899 sqft
Listed on site-Sep 29, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,506.21 (2026)
Maintenance-$619.28/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE RCR REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-15-30 or TBA
Neighbourhood-Orangeville
Title-Residential Condo & Other

No agent assigned

Priced to move you! Welcome to 8 Fead St #404! This fully renovated (2024), 2 bedroom condo in the ever popular and sought after Bromount building in Orangeville , feels brand new with its recent $35,000k in renovations, is sure to please all! This rare end unit , which is east facing on 4th floor boasts many unique features through out, from the moment you enter! The large unit foyer greets you and has rare double closets on either side of hall for all your extra storage needs....very convenient! You will then be thrilled to see the totally renovated and now open concept kitchen with breakfast bar! Home cooks will love the like new, stainless appliances('24), loads of cupboard and counter space through out, pot drawers, 2 hidden lazy susans , reverse osmosis unit and more! Did I mention the large , extra kitchen window with view of mature trees which lets in extra light! The large living room and dining area will accommodate your furnishings with ease. Enjoy the open balcony with views of Island Lake in the distance and BBQs are permitted! The bright primary and 2nd bedrooms are ample with double closets in each! The totally renovated bathroom boasts large glass shower with built in seat and grab handle for extra safety, premium shower heads, back lit mirror and touch lighting! All flooring has been replaced too...no more dated parquet! The building has large exercise room with high end equipment and games area too. Theres also a large party room complete with full kitchen, bathroom and patio for your gatherings! Modern laundry room with many washers, dryers and folding area make laundry a breeze. The maintenance fee also includes Bell Fibe Tv and internet....saving you more money for other treats for yourself! The Bromount is located near, shopping mall, bus stops, the main street of downtown Orangeville and its many restaurants and shops, and so much more! Act fast on this fabulous condo which is perfect for retirees, or perhaps couples starting out!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$431,120
Land Transfer Taxes$7,253
Legal Fees (Est.)
$
Total cash required for closing$116,533

Total Monthly Obligation

$3,285/mo
Mortgage $2,174
Monthly Loss $2,713
Principal$572
Interest$1,602
Property Tax$292
Condo Fees$619
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.0%12
Cash-on-Cash
-13.2%0
5-Year IRR
5.5%12
10-Year IRR
7.3%
Returns Index
7.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$26,772/yr
NOI
$10,757/yr
Net Cash Flow
-$1,277/mo
Cash Margin
-57.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.413
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo49
Risk Index
23.5/ 100

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

Comparables

Properties near 8 Fead Street 404

Time

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