6470 Bilberry Drive 307, Orleans - Convent Glen and Area

$279,900
6470 Bilberry Drive 307

$279,900

New
35d
Condo Apartment1 Storey/Apt

6470 Bilberry Drive 307, Orleans - Convent Glen and Area

Total Monthly Obligation $2,233

Beds
2
Baths
2
Park
1
Sqft
800-899
DOM
35d
Score
28
Yield
10.4%
Cash on Cash
6.5%
Cap Rate
6.0%
5Y IRR
20.8%
10Y IRR
18.9%
Property Type-Condo Apartment
MLS® Number-X13804704
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Sep 18, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-31-50
Taxes-$2,181 (2026)
Maintenance-$721.99/mo
Locker-None
Parking-1 - None
Basement-None
Heating-Baseboard (Electric)
Brokerage-BENNETT PROPERTY SHOP REALTY
Cooling-Window Unit(s)
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Vinyl Siding
Foundation-Poured Concrete
Possession-Flexible
Neighbourhood-2003 - Orleans Wood
Title-Residential Condo & Other

No agent assigned

This move-in-ready corner unit is a fantastic deal that you do not want to miss! Available for immediate occupancy, this beautifully updated 2-bedroom, 2-bathroom apartment is located on the third floor and backs directly onto the serene Luc Major Park, offering ultimate privacy with no backyard neighbours. Unbeatable value meets total peace of mind here, as the condo fees include water, and hydro is exceptionally affordable at only approximately $100 per month. The turn-key interior has been beautifully updated, featuring newer flooring and paint throughout, along with a renovated kitchen, a stylishly upgraded main bathroom, and a newer balcony. The functional floor plan boasts the ultimate convenience of in-unit storage and a dedicated kitchen pantry space. For your convenience, one dedicated outdoor parking spot is included and safely situated close to the main entrance. Residents also enjoy a highly well-maintained building equipped with an elevator and a convenient shared laundry facility on the very same level. Ideally located in a prime neighbourhood, you are just minutes away from major highways, the LRT station, local schools, transit routes, bike paths, shopping centres, and the beautiful Petrie Island. Perfect for first-time buyers, downsizers, or investors, this property represents an incredible opportunity! Please note that there is a 24-hour irrevocable on all offers.

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

Closing Costs

Mortgage Amount
$223,920
Land Transfer Taxes$2,674
Legal Fees (Est.)
$
Total cash required for closing$60,154

Total Monthly Obligation

$2,233/mo
Mortgage $1,129
Monthly Loss $1,936
Principal$297
Interest$832
Property Tax$182
Condo Fees$722
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.6%33
Cash-on-Cash
-1.0%6
5-Year IRR
15.4%73
10-Year IRR
15.3%
Returns Index
38.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
28/ 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
$29,076/yr
NOI
$12,924/yr
Net Cash Flow
-$52/mo
Cash Margin
-2.1%3
Cash Flow Index
3.1/ 100
Risk Profile
Weight: 20%
DSCR
0.9523
LTV Ratio
80.0%18
Vacancy Buffer
4.2 mo73
Risk Index
38.2/ 100

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

Comparables

Properties near 6470 Bilberry Drive 307

Time

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