157 Lacroix Avenue, Orleans - Cumberland and Area

$579,900
157 Lacroix Avenue

$579,900

New
7d
DetachedBungalow

157 Lacroix Avenue, Orleans - Cumberland and Area

Total Monthly Obligation $3,096

Beds
3
Baths
2
Park
4
Sqft
1100-1500
DOM
7d
Score
24
Yield
6.4%
Cash on Cash
2.7%
Cap Rate
5.2%
5Y IRR
17.7%
10Y IRR
16.3%
Property Type-Detached
MLS® Number-X14089082
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-71 × 100 ft
Listed on site-Oct 16, 2026
Style-Bungalow
Building Type-Detached
Taxes-$4,579.57 (2026)
Parking-5 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK REALTY GROUP
Cooling-Central Air
Laundry-No
Fireplace-Wood
Pool-None
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-1102 - Bilberry Creek/Queenswood Heights
Title-Residential Freehold

No agent assigned

Welcome to 157 Lacroix Avenue, a well-maintained 3-bedroom bungalow situated on a generous corner lot in the established Queenswood Heights community of Orléans. Ideally positioned directly across from a park, this home offers a functional layout, a private backyard, and the added convenience of a single-car garage, added in 2023. The main level features hardwood flooring throughout the principal living areas and bedrooms, with ceramic tile in the bright eat-in kitchen. The generously sized living and dining areas provide plenty of room for everyday living and entertaining, with a wood-burning fireplace adding warmth and character to the space. The primary bedroom includes a convenient 2-piece ensuite, while two additional bedrooms and a full bathroom complete the main level. Downstairs, the finished lower level offers a large family room along with two versatile den or office spaces, laundry, and plenty of additional storage. Outside, the private backyard features a perennial garden and ample room to relax, entertain, or enjoy the outdoors. Additional features include a 200-amp electrical panel, tankless hot water heater, and sump pump. Located close to schools, parks, shopping, restaurants, public transit, and everyday amenities, with convenient access throughout Orléans. 24 hour irrevocable on all offers.

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

Closing Costs

Mortgage Amount
$463,920
Land Transfer Taxes$8,073
Legal Fees (Est.)
$
Total cash required for closing$125,553

Total Monthly Obligation

$3,096/mo
Mortgage $2,339
Monthly Loss $2,480
Principal$616
Interest$1,724
Property Tax$382
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.2%29
Cash-on-Cash
-3.0%4
5-Year IRR
13.3%60
10-Year IRR
13.2%
Returns Index
31.1/ 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
$37,080/yr
NOI
$24,292/yr
Net Cash Flow
-$315/mo
Cash Margin
-10.2%1
Cash Flow Index
0.6/ 100
Risk Profile
Weight: 20%
DSCR
0.8718
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo52
Risk Index
29.2/ 100

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

Comparables

Properties near 157 Lacroix Avenue

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