1828 Mccallum Drive, Orleans - Cumberland and Area

$725,000
1828 Mccallum Drive

$725,000

New
21d
Detached2-Storey

1828 Mccallum Drive, Orleans - Cumberland and Area

Total Monthly Obligation $3,754

Beds
4
Baths
4
Park
4
Sqft
2000-2500
DOM
21d
Score
23
Yield
6.3%
Cash on Cash
2.5%
Cap Rate
5.1%
5Y IRR
17.5%
10Y IRR
16.2%
Property Type-Detached
MLS® Number-X13854264
Beds-4
Bathrooms-4
Size-2000-2500 sqft
Lot Size-42.59 × 106.81 ft
Listed on site-Oct 2, 2026
Style-2-Storey
Building Type-Detached
Taxes-$5,457.4 (2026)
Parking-6 - Attached
Basement-Full
Heating-Forced Air (Gas)
Brokerage-PAUL RUSHFORTH REAL ESTATE INC.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-South
Exterior-Aluminum Siding, Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-1106 - Fallingbrook/Gardenway South
Title-Residential Freehold

No agent assigned

GREAT OPPORTUNITY! PLUS NEW FURNACE! This spacious 4-bedroom home offers generous living areas, plenty of natural light and a versatile layout with ample potential to suit both everyday family living and entertaining. The spacious kitchen is truly the heart of the home, with ample workspace and a generous eating area that can easily as gathering space. The cozy family room, complete with gas fireplace, provides the perfect spot to relax. Upstairs, four exceptionally well-sized bedrooms offer plenty of room for the whole family, along with excellent storage. The primary bedroom boasts a cathedral ceiling an renovated ensuite bath + WIC. The bright lower level adds incredible versatility, creating welcoming spaces for a home gym, office or playroom. Walking distance to numerous schools and parks, with shopping and transit just minutes away. A spacious home offering comfort, flexibility and plenty of room for the next chapter.

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

Closing Costs

Mortgage Amount
$580,000
Land Transfer Taxes$10,975
Legal Fees (Est.)
$
Total cash required for closing$157,475

Total Monthly Obligation

$3,754/mo
Mortgage $2,924
Monthly Loss $2,985
Principal$770
Interest$2,155
Property Tax$455
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.3%30
Cash-on-Cash
-2.7%4
5-Year IRR
13.5%61
10-Year IRR
13.4%
Returns Index
32.1/ 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
$45,420/yr
NOI
$30,921/yr
Net Cash Flow
-$348/mo
Cash Margin
-9.2%1
Cash Flow Index
0.8/ 100
Risk Profile
Weight: 20%
DSCR
0.8819
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo41
Risk Index
25.9/ 100

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

Comparables

Properties near 1828 Mccallum Drive

Time

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