385 Princess Louise Drive, Orleans - Cumberland and Area

$544,900
385 Princess Louise Drive

$544,900

New
31d
Att/Row/Townhouse2-Storey

385 Princess Louise Drive, Orleans - Cumberland and Area

Total Monthly Obligation $2,908

Beds
4
Baths
2
Park
2
Sqft
1100-1500
DOM
31d
Score
22
Yield
5.9%
Cash on Cash
0.5%
Cap Rate
4.7%
5Y IRR
16.0%
10Y IRR
14.9%
Property Type-Att/Row/Townhouse
MLS® Number-X13814512
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-36.62 × 108.14 ft
Listed on site-Sep 22, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Taxes-$4,019.83 (2026)
Parking-3 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK REALTY GROUP
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-West
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-1103 - Fallingbrook/Ridgemount
Title-Residential Freehold

No agent assigned

Welcome to 385 Princess Louise Drive, a 4-bedroom end-unit townhome backing directly onto Charlemagne Park with no rear neighbours, offering an exceptional combination of privacy, space, and location in the heart of Orléans. Freshly painted throughout, this home features a functional layout with a bright eat-in kitchen complete with a ceramic tile backsplash, stainless steel appliances, abundant cabinetry, and a generous dining area. The spacious formal dining room overlooks the sunken living room, where an open railing enhances the home's character while maintaining an open feel. The inviting living room is highlighted by a stunning floor-to-ceiling stone gas fireplace and sliding patio doors leading to the fully fenced backyard, surrounded by mature trees and lush greenery with a patio perfect for relaxing or entertaining. A convenient 2-piece powder room completes the main level. Upstairs, the spacious primary bedroom features a large window overlooking the backyard, a walk-in closet, and direct access to the 5-piece cheater ensuite with double sinks. Three additional well-sized bedrooms provide plenty of flexibility for family, guests, or a home office. The finished lower level extends the living space with a large recreation room featuring an impressive wall of built-in shelving, a dedicated wine storage room, an additional storage area, and a separate laundry room. Ideally located close to excellent schools, parks, walking trails, shopping, restaurants, public transit, and the Ray Friel Recreation Complex, this home offers an excellent opportunity to enjoy comfortable family living in one of Orléans' most established neighbourhoods.

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

Closing Costs

Mortgage Amount
$435,920
Land Transfer Taxes$7,373
Legal Fees (Est.)
$
Total cash required for closing$117,853

Total Monthly Obligation

$2,908/mo
Mortgage $2,198
Monthly Loss $2,330
Principal$578
Interest$1,620
Property Tax$335
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.7%24
Cash-on-Cash
-5.2%2
5-Year IRR
11.6%47
10-Year IRR
11.9%
Returns Index
24.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$32,040/yr
NOI
$20,316/yr
Net Cash Flow
-$505/mo
Cash Margin
-18.9%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7713
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo56
Risk Index
28.9/ 100

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

Comparables

Properties near 385 Princess Louise Drive

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