345 Centrum Boulevard 316, Orleans - Cumberland and Area

$279,900
345 Centrum Boulevard 316

$279,900

Price Change
29d
Condo ApartmentApartment

345 Centrum Boulevard 316, Orleans - Cumberland and Area

Total Monthly Obligation $1,988

HausQ Valuation Report
Beds
2
Baths
1
Park
1
Sqft
600-699
DOM
29d
Score
23
Yield
8.1%
Cash on Cash
1.0%
Cap Rate
4.8%
5Y IRR
16.4%
10Y IRR
15.3%
Property Type-Condo Apartment
MLS® Number-X13822532
Beds-2
Bathrooms-1
Size-600-699 sqft
Listed on site-Sep 24, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,117.66 (2025)
Maintenance-$482/mo
Locker-None
Parking-1 - Surface
Basement-None
Heating-Heat Pump (Other)
Brokerage-FIRST CHOICE REALTY ONTARIO LTD.
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-1102 - Bilberry Creek/Queenswood Heights
Title-Residential Condo & Other

No agent assigned

PRIME LOCATION in Orleans! 15 KM to downtown. Welcome to this Beautiful Apartment 2-bedroom, 1-bathroom END UNIT that shows well in the central location close to everything. A GREAT LAYOUT, neutral colors and quality laminate floors, FUNCTIONAL Kitchen with appliances included and a nice window for fresh air when you cook. Spacious Living and dinning room with access to a nice PRIVATE BALCONY with view to nature and extra windows that fills up the space with Natural light. The large primary bedroom features a WALK-IN CLOSET, Second bedroom with closet or it can perfect for an office . A full Nice bathroom and large storage room. Extra windows bring in fantastic natural light and provide added privacy, one of the many perks of being an end unit., and your own parking space and Plenty of VISITOR PARKING is available. This is a quiet, well-kept building with in building Laundry Room. LOCATION: Walk to Orleans Mall, OCTranspo- LRT, Groceries Stores, Restaurants, Clinics , Parks, YMCA, Movie theater or Shakman Center and many other amenities Small pets welcome on this building. This unit combines style, and convenience, making it an excellent choice for anyone seeking comfortable living in nice neighborhood.

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(utilities, internet...)
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Closing Costs

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

Total Monthly Obligation

$1,988/mo
Mortgage $1,129
Monthly Loss $1,690
Principal$297
Interest$832
Property Tax$176
Condo Fees$482
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-5.8%2
5-Year IRR
11.4%46
10-Year IRR
12.0%
Returns Index
23.6/ 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
$22,608/yr
NOI
$10,046/yr
Net Cash Flow
-$292/mo
Cash Margin
-15.5%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.7412
LTV Ratio
80.0%18
Vacancy Buffer
4.8 mo81
Risk Index
36.9/ 100

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

Comparables

Properties near 345 Centrum Boulevard 316

Time

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Data last updated within the past 24 hours.