116 Trail Side Circle, Orleans - Cumberland and Area

$849,000
116 Trail Side Circle

$849,000

New
8d
DetachedBungaloft

116 Trail Side Circle, Orleans - Cumberland and Area

Total Monthly Obligation $4,340

Beds
3
Baths
3
Park
2
Sqft
2000-2500
DOM
8d
Score
19
Yield
5.1%
Cash on Cash
-2.7%
Cap Rate
4.0%
5Y IRR
13.5%
10Y IRR
12.9%
Property Type-Detached
MLS® Number-X14084820
Beds-3
Bathrooms-3
Size-2000-2500 sqft
Lot Size-40.03 × 108.27 ft
Listed on site-Oct 15, 2026
Style-Bungaloft
Building Type-Detached
Taxes-$6,488 (2026)
Parking-4 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE PERFORMANCE REALTY
Cooling-Central Air
Laundry-No
Fireplace-Family Room, Natural Gas
Pool-None
Facing-West
Exterior-Vinyl Siding, Brick
Roof-Metal
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-1107 - Springridge/East Village
Title-Residential Freehold

No agent assigned

Welcome to 116 Trail Side Circle, a beautifully maintained bungaloft in Orleans' desirable Springridge community, offering an exceptional combination of comfort, quality finishes, and versatile living space. Enjoy the convenience of main-floor living with a spacious primary bedroom featuring a beautifully renovated ensuite with a curbless walk-in shower, heated floors, and high-end finishes. A second main-floor bedroom, currently used as a home office, and convenient main-floor laundry add to the home's practicality. The thoughtfully designed layout features a welcoming living room open to the dining area, while the well-appointed kitchen with rich wood cabinetry and granite countertops overlooks a bright family room with soaring cathedral ceilings and a cozy gas fireplace. Oak hardwood flooring, ceramic tile in the kitchen and bathrooms, and California blinds throughout add warmth and character. Upstairs, a versatile loft offers the perfect space for a reading retreat, sitting area, or home office, alongside a third bedroom with convenient cheater ensuite access, ideal for guests or visiting family. The finished basement provides additional space for recreation, hobbies, or entertaining. Outside, enjoy a beautifully landscaped backyard featuring stamped concrete, a gazebo, and a garden shed with electricity. A double-car garage adds convenience and storage. Notable updates include a durable metal roof (2019), furnace (2021), central air conditioning (2022), and driveway (2025). Ideally located in an established neighbourhood close to parks, walking and cycling trails, shopping, and everyday amenities. An outstanding opportunity to enjoy the ease of bungalow-style living without compromising on space or comfort! Please see links for 3D tour, video and additional photos. 24 hours irrevocable on all offers.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$679,200
Land Transfer Taxes$13,455
Legal Fees (Est.)
$
Total cash required for closing$184,755

Total Monthly Obligation

$4,340/mo
Mortgage $3,425
Monthly Loss $3,439
Principal$901
Interest$2,523
Property Tax$541
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-7.2%1
5-Year IRR
10.0%35
10-Year IRR
10.6%
Returns Index
18.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$43,356/yr
NOI
$28,032/yr
Net Cash Flow
-$1,089/mo
Cash Margin
-30.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.689
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo35
Risk Index
20.8/ 100

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

Comparables

Properties near 116 Trail Side Circle

Time

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