2224 Angelica Avenue, Orleans - Cumberland and Area

$614,990
2224 Angelica Avenue

$614,990

New
14d
Att/Row/Townhouse2-Storey

2224 Angelica Avenue, Orleans - Cumberland and Area

Total Monthly Obligation $3,217

Beds
3
Baths
3
Park
2
Sqft
1500-2000
DOM
14d
Score
20
Yield
5.3%
Cash on Cash
-1.7%
Cap Rate
4.2%
5Y IRR
14.2%
10Y IRR
13.5%
Property Type-Att/Row/Townhouse
MLS® Number-X13883664
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-25.72 × 104.7 ft
Listed on site-Oct 9, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Taxes-$4,341.52 (2025)
Parking-3 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE TEAM REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible Possession
Neighbourhood-1119 - Notting Hill/Summerside
Title-Residential Freehold

No agent assigned

Welcome to this beautiful Richcraft corner-unit home, offering a thoughtfully designed layout with plenty of space for comfortable family living. The main floor welcomes you with a spacious foyer, convenient powder room, and a bright open-concept living and dining area. The modern kitchen offers ample cabinetry and connects seamlessly to the dining space, which provides direct access to the backyard-perfect for outdoor entertaining and everyday enjoyment. Upstairs features three spacious bedrooms, including a generous primary suite with a walk-in closet and private ensuite. An additional full bathroom and convenient second-floor laundry complete the upper level. The finished basement offers excellent additional living space with a large recreation room, a separate room that can be used as a small bedroom, and plenty of storage-ideal for guests, a home office, gym, or growing family. With its corner-unit positioning, functional layout, attached garage, finished basement, and backyard access from the dining area, this home offers the perfect combination of style, space, and functionality. Conveniently located close to parks, schools, shopping, public transit, and other amenities. Don't miss the opportunity to make this beautiful Richcraft home your own. Book your private showing today!

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

Closing Costs

Mortgage Amount
$491,992
Land Transfer Taxes$8,775
Legal Fees (Est.)
$
Total cash required for closing$133,273

Total Monthly Obligation

$3,217/mo
Mortgage $2,481
Monthly Loss $2,565
Principal$653
Interest$1,828
Property Tax$362
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-6.9%1
5-Year IRR
10.2%37
10-Year IRR
10.8%
Returns Index
19.4/ 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
$32,700/yr
NOI
$20,588/yr
Net Cash Flow
-$765/mo
Cash Margin
-28.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.6910
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo50
Risk Index
25.9/ 100

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

Comparables

Properties near 2224 Angelica Avenue

Time

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Data last updated within the past 24 hours.