1466 Prestone Drive, Orleans - Cumberland and Area

$715,000
1466 Prestone Drive

$715,000

Price Change
30d
Detached2-Storey

1466 Prestone Drive, Orleans - Cumberland and Area

Total Monthly Obligation $3,667

Beds
4
Baths
3
Park
2
Sqft
1500-2000
DOM
30d
Score
20
Yield
5.2%
Cash on Cash
-2.1%
Cap Rate
4.1%
5Y IRR
13.9%
10Y IRR
13.3%
Property Type-Detached
MLS® Number-X13821544
Beds-4
Bathrooms-3
Size-1500-2000 sqft
Lot Size-60 × 100 ft
Listed on site-Sep 23, 2026
Style-2-Storey
Building Type-Detached
Taxes-$4,897.6 (2026)
Parking-4 - Attached
Basement-Full, Partially Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE PERFORMANCE REALTY
Cooling-Central Air
Laundry-No
Fireplace-Wood
Pool-None
Facing-West
Exterior-Brick, Aluminum Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-1102 - Bilberry Creek/Queenswood Heights
Title-Residential Freehold

No agent assigned

Welcome to 1466 Prestone Drive, in the heart of the family friendly neighbourhood of Queenswood Heights. Four bedrooms, 3 bathrooms, double garage, finished basement, and a private yard, and within a convenient 15 minute neighbourhood. You've got shopping galore (Place d'Orleans or the Fallingbrook Shopping Centre, both only 5 mins away), the Orleans Farmers Market from May through October with 35+ local vendors, right beside Ray Friel Recreation complex and the Cumberland branch of the Ottawa Public Library. Minutes from Queenswood Ridge Park, which has a baseball diamond, walking track, picnic shelter, splash pad, and playground. Centrally located for schools from multiple schools, regardless of the school board you desire. Convenient transit with bus routes near by and the LRT extending to Orleans very soon. If you're driving, you're close to the 174 and only a 20 minute drive to downtown. Great neighbourhood, and great house. Situated on a large 60 by 100 foot lot you will enjoy the privacy of a fully hedged and fenced yard, and the bonus of two storage sheds, fenced garden beds, and a deck, perfect for entertaining. Head inside, you have gleaming maple hardwood floors throughout the main and upper levels. A separate living room, dining room, family room, and a kitchen with space for another eating area, 1466 Prestone has all the space you need. Also on the main level are a 2pc bathroom and a large mudroom entry from the double car garage (which used to be the laundry room and could be converted back to one). Upstairs, you'll find the large Primary bedroom suite with an ensuite 4pc bathroom and walk-in closet, plus three other good sized bedrooms and another full 4pc bathroom. Downstairs, you've got a huge recreation room, a den, and plenty of storage throughout the furnace / laundry room.

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

Closing Costs

Mortgage Amount
$572,000
Land Transfer Taxes$10,775
Legal Fees (Est.)
$
Total cash required for closing$155,275

Total Monthly Obligation

$3,667/mo
Mortgage $2,884
Monthly Loss $2,908
Principal$759
Interest$2,125
Property Tax$408
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.4%21
Cash-on-Cash
-6.9%1
5-Year IRR
10.2%37
10-Year IRR
10.7%
Returns Index
19.5/ 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
$37,104/yr
NOI
$23,996/yr
Net Cash Flow
-$884/mo
Cash Margin
-28.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.6910
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo42
Risk Index
23.5/ 100

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

Comparables

Properties near 1466 Prestone Drive

Time

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