310 Centrum Boulevard 309, Orleans - Cumberland and Area

$325,000
310 Centrum Boulevard 309

$325,000

New
16d
Condo ApartmentApartment

310 Centrum Boulevard 309, Orleans - Cumberland and Area

Total Monthly Obligation $2,262

Beds
1
Baths
1
Park
1
Sqft
600-699
DOM
16d
Score
20
Yield
6.9%
Cash on Cash
-4.1%
Cap Rate
3.7%
5Y IRR
12.3%
10Y IRR
12.0%
Property Type-Condo Apartment
MLS® Number-X13874602
Beds-1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 7, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,934 (2026)
Maintenance-$506.69/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE INTEGRITY REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-TBD
Neighbourhood-1102 - Bilberry Creek/Queenswood Heights
Title-Residential Condo & Other

No agent assigned

Welcome to this stylish 1-bedroom, 1-bathroom condo in a highly walkable, transit-friendly Orleans location. This bright unit features an open-concept layout with hardwood flooring, a modern kitchen with granite countertops, a spacious bedroom with generous closet space, and a full bathroom with granite vanity. Enjoy the convenience of ensuite laundry, one heated underground parking space, and a private storage locker. Building amenities include a party room and rooftop terrace. Ideally located within walking distance to the LRT, Shenkman Arts Centre, Place d'Orléans Mall, restaurants, shopping, and everyday amenities. An excellent opportunity for first-time buyers, downsizers, or investors!

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(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$260,000
Land Transfer Taxes$3,350
Legal Fees (Est.)
$
Total cash required for closing$69,850

Total Monthly Obligation

$2,262/mo
Mortgage $1,311
Monthly Loss $1,917
Principal$345
Interest$966
Property Tax$245
Condo Fees$507
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.1%1
5-Year IRR
8.0%23
10-Year IRR
9.3%
Returns Index
12.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$22,296/yr
NOI
$8,652/yr
Net Cash Flow
-$590/mo
Cash Margin
-31.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.556
LTV Ratio
80.0%18
Vacancy Buffer
4.2 mo73
Risk Index
32.3/ 100

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

Comparables

Properties near 310 Centrum Boulevard 309

Time

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Data last updated within the past 24 hours.