1501 Queenswood Crescent, Orleans - Cumberland and Area

$629,900
1501 Queenswood Crescent

$629,900

New
29d
DetachedBungalow

1501 Queenswood Crescent, Orleans - Cumberland and Area

Total Monthly Obligation $3,236

Beds
3
Baths
2
Park
4
Sqft
700-1100
DOM
29d
Score
22
Yield
5.7%
Cash on Cash
0.5%
Cap Rate
4.7%
5Y IRR
16.0%
10Y IRR
15.0%
Property Type-Detached
MLS® Number-X13824362
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-60 × 90 ft
Listed on site-Sep 24, 2026
Style-Bungalow
Building Type-Detached
Taxes-$3,841.72 (2026)
Parking-5 - Attached
Basement-Finished
Heating-Water (Electric)
Brokerage-LOCKE REAL ESTATE INC.
Cooling-Wall Unit(s)
Laundry-No
Fireplace-No
Pool-Above Ground
Facing-East
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBA
Neighbourhood-1102 - Bilberry Creek/Queenswood Heights
Title-Residential Freehold

No agent assigned

Cute, renovated, and made for entertaining, this 3-bedroom, 2-bathroom home sits on one of Orléans' quietest streets and offers just as much outside as it does inside. The fully fenced backyard is a standout, with landscaped gardens and perennials, an above-ground heated pool, deck, patio/interlock, shed, and a fully finished gazebo. It is the perfect setup for entertaining, relaxing, and spending the whole summer outdoors. Inside, the bright open-concept layout is filled with natural light and features beautiful flooring and pot lights throughout. The updated white kitchen offers stainless steel appliances, a breakfast bar, and generous cabinetry with soft-close cupboards - an easy space for cooking and gathering. The main floor also includes a primary bedroom, a second bedroom, a cozy family room, and a renovated full bathroom. The fully finished basement adds even more living space with a recreation room, an additional bedroom, and another fully renovated bathroom. A large finished 1.5-car garage provides extra usable space and storage. Conveniently located close to parks, schools, the library, shopping, restaurants, public transit, the LRT, highway access, walking and nature trails, and Ray Friel Sports Complex, this home offers renovated indoor living and an incredible backyard in a wonderful location close to everything. Updates - Garage: 2020 | Eavestroughs: 2020 | Attic insulation: 2022 | Downstairs bathroom: 2022 | Main floor flooring: 2024 | HWT: 2025 | Bedroom flooring: 2026 | Pot lights: 2026 | Pool: 2020

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

Closing Costs

Mortgage Amount
$503,920
Land Transfer Taxes$9,073
Legal Fees (Est.)
$
Total cash required for closing$136,553

Total Monthly Obligation

$3,236/mo
Mortgage $2,541
Monthly Loss $2,567
Principal$669
Interest$1,872
Property Tax$320
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.8%25
Cash-on-Cash
-4.7%2
5-Year IRR
11.9%49
10-Year IRR
12.1%
Returns Index
25.7/ 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
$36,000/yr
NOI
$24,058/yr
Net Cash Flow
-$536/mo
Cash Margin
-17.9%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7914
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo49
Risk Index
27.0/ 100

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

Comparables

Properties near 1501 Queenswood Crescent

Time

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