48 Damselfish Walk, Orleans - Cumberland and Area

$599,999
48 Damselfish Walk

$599,999

New
29d
Att/Row/Townhouse2-Storey

48 Damselfish Walk, Orleans - Cumberland and Area

Total Monthly Obligation $3,132

Beds
3
Baths
4
Park
2
Sqft
1100-1500
DOM
29d
Score
21
Yield
5.5%
Cash on Cash
-1.0%
Cap Rate
4.4%
5Y IRR
14.8%
10Y IRR
14.0%
Property Type-Att/Row/Townhouse
MLS® Number-X13823368
Beds-3
Bathrooms-4
Size-1100-1500 sqft
Lot Size-20.34 × 95.14 ft
Listed on site-Sep 24, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Taxes-$4,039 (2025)
Parking-3 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-EXP REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-1117 - Avalon West
Title-Residential Freehold

No agent assigned

Welcome to 48 Damselfish Walk, a beautifully upgraded 2019 1753 sqft built Minto home located in the family friendly community of Avalon in Orléans. Offering 3 bedrooms, 4 bathrooms and a long list of thoughtful upgrades, this home brings together modern finishes, functional living space and an excellent location.The bright, open concept main floor features 9 foot ceilings, smooth ceilings, upgraded hardwood and tile flooring, and pot lights throughout. The upgraded kitchen is the heart of the home with quartz countertops, an extended island, additional cabinetry, upgraded backsplash and stainless steel appliances, providing plenty of space for everyday living and entertaining.Upstairs, the spacious primary bedroom features a walk in closet and 4 piece ensuite with an upgraded ceramic base shower. Two additional generously sized bedrooms, a full bathroom and the convenience of second floor laundry complete the upper level. Upgraded foam under the carpeting adds an extra level of comfort.The finished lower level provides even more living space and is ideal for a family room, home gym or theatre, complete with in wall speakers for surround sound and a 2 piece bathroom, plus ample storage. Additional features include central air conditioning and a garage door opener.Enjoy a fantastic location close to the Orléans Health Hub, schools, parks, walking trails, public transit, shopping, restaurants and everyday amenities. Families will also appreciate the new South Orléans Public High School scheduled to open for the 2027 to 2028 school year. With Brian Coburn Boulevard, Mer Bleue Road and Innes Road nearby, getting around Orléans and into the city is easy.Extensively upgraded, exceptionally well maintained and ideally located, 48 Damselfish Walk is ready to welcome its next owners.

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

Closing Costs

Mortgage Amount
$479,999
Land Transfer Taxes$8,475
Legal Fees (Est.)
$
Total cash required for closing$129,975

Total Monthly Obligation

$3,132/mo
Mortgage $2,420
Monthly Loss $2,495
Principal$637
Interest$1,783
Property Tax$337
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.5%22
Cash-on-Cash
-6.3%2
5-Year IRR
10.7%40
10-Year IRR
11.1%
Returns Index
21.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$32,736/yr
NOI
$20,923/yr
Net Cash Flow
-$677/mo
Cash Margin
-24.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7211
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo51
Risk Index
26.7/ 100

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

Comparables

Properties near 48 Damselfish Walk

Time

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