618 Monardia Way, Orleans - Cumberland and Area

$699,900
618 Monardia Way

$699,900

New
27d
Semi-Detached 2-Storey

618 Monardia Way, Orleans - Cumberland and Area

Total Monthly Obligation $3,639

Beds
3
Baths
3
Park
2
Sqft
1500-2000
DOM
27d
Score
19
Yield
5.0%
Cash on Cash
-3.1%
Cap Rate
3.9%
5Y IRR
13.1%
10Y IRR
12.6%
Property Type-Semi-Detached
MLS® Number-X13832022
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-22.83 × 132.06 ft
Listed on site-Sep 26, 2026
Style-2-Storey
Building Type-Semi-Detached
Age-6-15
Taxes-$5,291.97 (2026)
Parking-3 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-POWER MARKETING REAL ESTATE INC.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-North
Exterior-Brick Front, Aluminum Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-None
Possession-ASAP
Neighbourhood-1117 - Avalon West
Title-Residential Freehold

No agent assigned

Welcome to 618 Monardia Way, a bright and beautifully appointed 3-bedroom, 3-bathroom home offering a functional layout, stylish finishes and exceptional future potential in a sought-after neighbourhood. The main level features a spacious kitchen with quartz countertops, stainless steel appliances and generous cabinet and counter space. Large windows fill the living areas with natural light, while the formal dining area and inviting living room with a gas fireplace create an ideal setting for everyday living and entertaining. Upstairs, the spacious primary bedroom offers a private ensuite with quartz countertops, a soaker tub and separate shower. Two additional well-proportioned bedrooms and a convenient second-floor laundry room complete this family-friendly level. A true highlight is the exceptionally large backyard, much of which backs directly onto a park, creating a peaceful green outlook and an added sense of privacy. With abundant outdoor space, the yard offers exciting possibilities for a swimming pool, an expansive deck, landscaped entertaining areas and plenty of room for children or pets to play. The unfinished basement provides an excellent opportunity to customize the home to your needs. It includes a rough-in for a three-piece bathroom and ample space to create a one-bedroom in-law suite, a potential two-bedroom secondary unit, or additional recreation and living space. Conveniently located near schools, parks, recreation, shopping, transit and everyday amenities, this property combines comfortable modern living with an outstanding backyard and impressive potential for future expansion. Book your private showing today!

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

Closing Costs

Mortgage Amount
$559,920
Land Transfer Taxes$10,473
Legal Fees (Est.)
$
Total cash required for closing$151,953

Total Monthly Obligation

$3,639/mo
Mortgage $2,823
Monthly Loss $2,896
Principal$743
Interest$2,080
Property Tax$441
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.0%1
5-Year IRR
9.4%31
10-Year IRR
10.1%
Returns Index
16.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$35,208/yr
NOI
$21,895/yr
Net Cash Flow
-$999/mo
Cash Margin
-34.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.658
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo43
Risk Index
23.1/ 100

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

Comparables

Properties near 618 Monardia Way

Time

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