523 Thimbleberry Row, Orleans - Cumberland and Area

$595,000
523 Thimbleberry Row

$595,000

New
16d
Att/Row/Townhouse2-Storey

523 Thimbleberry Row, Orleans - Cumberland and Area

Total Monthly Obligation $3,134

Beds
3
Baths
3
Park
2
Sqft
1100-1500
DOM
16d
Score
21
Yield
5.6%
Cash on Cash
-0.8%
Cap Rate
4.4%
5Y IRR
14.9%
10Y IRR
14.1%
Property Type-Att/Row/Townhouse
MLS® Number-X13870580
Beds-3
Bathrooms-3
Size-1100-1500 sqft
Lot Size-20.34 × 91.86 ft
Listed on site-Oct 7, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Age-6-15
Taxes-$4,312.42 (2026)
Parking-3 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK REALTY GROUP
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick, Other
Roof-Asphalt Shingle
Foundation-Concrete, Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-1117 - Avalon West
Title-Residential Freehold

No agent assigned

Welcome to 523 Thimbleberry Row! Beautifully maintained by its original owner, this Minto Carmel (Prairie elevation) model in Avalon Encore offers 3 bedrooms, 2.5 bathrooms, a finished basement, attached garage and 2-car driveway. The bright, open-concept main floor features 9' ceilings, hardwood flooring, ceramic tile in the front entrance and bathrooms, and a spacious kitchen with stainless steel appliances and centre island. Upstairs, the primary bedroom includes a walk-in closet and 4-piece ensuite, complemented by two additional bedrooms, a second full bathroom, walk-in linen closet and upgraded Berber carpet with upgraded underpadding. The finished lower level adds valuable living space, laundry and storage, while CAT-5/CAT-6 connections throughout the home offer added convenience. Outside, enjoy a fully fenced backyard with a professionally installed paver patio completed in 2025, creating an inviting, low-maintenance extension of the living space. Smoke Detector and Carbon Monoxide Detector included. Additional features include owned furnace, central A/C, whole-home humidifier. Tankless hot water heater (rental). Wonderfully located in Avalon Encore, with parks, pathways, schools, recreation and a nearby commercial plaza all within easy reach. Commuting is convenient too, with nearby transit and quick access to Tenth Line, Innes Road and Brian Coburn Boulevard, making it easy to get in and out of the neighbourhood without winding through the community. A beautifully cared-for, low-maintenance home in a convenient Orléans location, ready for its next owner!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$476,000
Land Transfer Taxes$8,375
Legal Fees (Est.)
$
Total cash required for closing$128,875

Total Monthly Obligation

$3,134/mo
Mortgage $2,400
Monthly Loss $2,503
Principal$632
Interest$1,768
Property Tax$359
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.5%22
Cash-on-Cash
-6.2%2
5-Year IRR
10.8%41
10-Year IRR
11.2%
Returns Index
21.6/ 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
$33,036/yr
NOI
$20,920/yr
Net Cash Flow
-$657/mo
Cash Margin
-23.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7311
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo51
Risk Index
26.8/ 100

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

Comparables

Properties near 523 Thimbleberry Row

Time

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