1475 Deavy Way, Orleans - Cumberland and Area

$589,900
1475 Deavy Way

$589,900

New
9d
Detached2-Storey

1475 Deavy Way, Orleans - Cumberland and Area

Total Monthly Obligation $3,099

Beds
3
Baths
2
Park
4
Sqft
1500-2000
DOM
9d
Score
24
Yield
6.4%
Cash on Cash
3.0%
Cap Rate
5.2%
5Y IRR
18.0%
10Y IRR
16.6%
Property Type-Detached
MLS® Number-X14034432
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-45.05 × 107.07 ft
Listed on site-Oct 14, 2026
Style-2-Storey
Building Type-Detached
Taxes-$4,134 (2026)
Parking-5 - Attached
Basement-Full, Partially Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ABSOLUTE REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Family Room, Natural Gas
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-flex
Neighbourhood-1102 - Bilberry Creek/Queenswood Heights
Title-Residential Freehold

No agent assigned

A totally updated SINGLE family home awaits! A LOT of updates have been done such as furnace 2026 & AC 2015, NEW R58 insulation 2019, a METAL roof & this home has new siding. The driveway is ALL interlock; it can fit approximately 4 cars. An interlock walkway guides you to the front door & there is a path on the right side of the home to the backyard. The frontage of the lot is 45 feet wide! Tiled foyer, hardwood on the main level & in the 3 bedrooms! The kitchen has very nice cabinetry, granite countertop, black appliances that suit the kitchen perfectly. The living room has a gas fireplace & is open to the dining room that could also be used as playroom or office since there is a BIG eat in area in the kitchen. Good size primary. The main bath has been beautifully updated with a luxurious walk in shower, a glass door, custom cabinetry & granite countertops! The basement is about 85% finished & there is a rough in for bathroom. The fenced backyard is TOTALLY landscaped with a large interlock deck , river rock & perennials.. VERY low maintenance living! This home backs onto the side of the home so you don't have a direct rear neighbour! Windows 2002. A QUICK closing can be accommodated

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

Closing Costs

Mortgage Amount
$471,920
Land Transfer Taxes$8,273
Legal Fees (Est.)
$
Total cash required for closing$127,753

Total Monthly Obligation

$3,099/mo
Mortgage $2,379
Monthly Loss $2,473
Principal$626
Interest$1,753
Property Tax$345
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.3%30
Cash-on-Cash
-2.6%4
5-Year IRR
13.6%62
10-Year IRR
13.5%
Returns Index
32.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
24/ 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
$37,668/yr
NOI
$25,267/yr
Net Cash Flow
-$274/mo
Cash Margin
-8.7%1
Cash Flow Index
0.9/ 100
Risk Profile
Weight: 20%
DSCR
0.8819
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo51
Risk Index
29.5/ 100

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

Comparables

Properties near 1475 Deavy Way

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.