1478 Corsham Avenue, Orleans - Cumberland and Area

$574,900
1478 Corsham Avenue

$574,900

Extension
14d
Att/Row/Townhouse2-Storey

1478 Corsham Avenue, Orleans - Cumberland and Area

Total Monthly Obligation $3,006

Beds
3
Baths
3
Park
2
Sqft
1100-1500
DOM
14d
Score
21
Yield
5.6%
Cash on Cash
-0.4%
Cap Rate
4.5%
5Y IRR
15.3%
10Y IRR
14.4%
Property Type-Att/Row/Townhouse
MLS® Number-X13883924
Beds-3
Bathrooms-3
Size-1100-1500 sqft
Lot Size-27.1 × 112.7 ft
Listed on site-Oct 9, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Age-31-50
Taxes-$3,739.95 (2026)
Parking-3 - Attached
Basement-Full, Finished
Heating-Forced Air (Wood)
Brokerage-ROYAL LEPAGE PERFORMANCE REALTY
Cooling-Central Air
Laundry-No
Fireplace-Wood
Pool-None
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBA
Neighbourhood-1105 - Fallingbrook/Pineridge
Title-Residential Freehold

No agent assigned

Welcome to 1478 Corsham Avenue, a beautiful end-unit townhome in the heart of Fallingbrook, one of the most established, safe, and active family-oriented communities in Orleans with generous lot sizes, mature trees, and private backyards tough to find in newer developments. Offering over 1,600 sq ft of finished living space, this 3-bed, 2.5-bath home balances spacious suburban comfort with incredible recreational convenience.Main Level Living & Comfort: Large entryway with walk-in closet, 2pc bathroom, and inside garage entry. Beautiful hardwood flooring spans both main levels. The heart of the main floor features a bright galley kitchen complete with an eating area and a surplus of classic oak cabinetry. The expansive, L-shaped living and dining room provides a welcoming layout for entertaining, anchored by a cozy wood fireplace and effortless access to the backyard deck.Upper-Level Retreat: The second floor boasts a generous primary bedroom retreat featuring a private ensuite bathroom and a spacious walk-in closet. Two additional good-sized bedrooms and a second full bathroom ensure plenty of space for growing families or a dedicated home workspace.Fully Finished Basement: Maximize your square footage in the lower level, which boasts a sprawling family room, a separate closed office, a laundry room, and an abundance of extra storage space.A True Walkable Community & Recreation: Ideal for first-time buyers and families seeking top-ranked bilingual, French-immersion, Public, or Catholic schools-easily walk to top-tier schools and parks without crossing busy thoroughfares. Enjoy nearby trails, Princess Louise Falls, Petrie Island beaches/marina, and Ray Friel Recreation Complex (rinks, gym, wave pool).Convenience: Tucked away on a quiet street close to local transit, Fallingbrook Shopping Centre, and dining. Downtown Ottawa is a straightforward 25-minute drive.Book your private showing today!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$459,920
Land Transfer Taxes$7,973
Legal Fees (Est.)
$
Total cash required for closing$124,453

Total Monthly Obligation

$3,006/mo
Mortgage $2,319
Monthly Loss $2,395
Principal$610
Interest$1,709
Property Tax$312
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-5.8%2
5-Year IRR
11.1%43
10-Year IRR
11.4%
Returns Index
22.6/ 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
$32,100/yr
NOI
$20,650/yr
Net Cash Flow
-$598/mo
Cash Margin
-22.4%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7412
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo54
Risk Index
27.8/ 100

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

Comparables

Properties near 1478 Corsham Avenue

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