606 Chenier Way, Orleans - Cumberland and Area

$725,990
606 Chenier Way

$725,990

New
6d
Detached2-Storey

606 Chenier Way, Orleans - Cumberland and Area

Total Monthly Obligation $3,713

Beds
4
Baths
3
Park
4
Sqft
2000-2500
DOM
6d
Score
22
Yield
5.8%
Cash on Cash
0.5%
Cap Rate
4.7%
5Y IRR
16.0%
10Y IRR
15.0%
Property Type-Detached
MLS® Number-X14089940
Beds-4
Bathrooms-3
Size-2000-2500 sqft
Lot Size-49.87 × 109.91 ft
Listed on site-Oct 17, 2026
Style-2-Storey
Building Type-Detached
Age-31-50
Taxes-$4,918 (2025)
Parking-6 - Attached
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-TRU REALTY
Cooling-Central Air
Laundry-No
Fireplace-Wood
Pool-None
Facing-West
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-1105 - Fallingbrook/Pineridge
Title-Residential Freehold

No agent assigned

Nestled on a mature, beautifully landscaped lot in the sought-after Fallingbrook community, this spacious two-storey home features four bedrooms and 2.5 bathrooms with impressive space and versatility. A wide interlocking brick driveway leads to the attached double garage, providing excellent curb appeal and ample parking. Step through the elegant double French doors into an inviting interior featuring hardwood, ceramic, and parquet flooring throughout. The kitchen offers granite countertops, generous cupboard space, and a bright eat-in area that flows seamlessly into the cozy family room with a wood-burning fireplace. Separate living and dining rooms provide plenty of space for hosting family and friends. A convenient two-piece powder room and main-floor laundry complete the main level. Upstairs, the spacious primary bedroom features a private ensuite with a relaxing Jacuzzi tub. Three additional generously sized bedrooms share a full bathroom. The partially finished basement offers excellent potential for additional living space and awaits your personal touch. Outside, enjoy the private backyard complete with a stone patio and a charming storage shed, an ideal setting for relaxing, gardening, or enjoying summer evenings. Located close to schools, parks, shopping, and everyday amenities, this home offers a wonderful combination of space, comfort, and an unbeatable location.

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

Closing Costs

Mortgage Amount
$580,792
Land Transfer Taxes$10,995
Legal Fees (Est.)
$
Total cash required for closing$157,693

Total Monthly Obligation

$3,713/mo
Mortgage $2,928
Monthly Loss $2,943
Principal$771
Interest$2,158
Property Tax$410
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.9%26
Cash-on-Cash
-4.5%3
5-Year IRR
12.1%51
10-Year IRR
12.2%
Returns Index
26.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$41,760/yr
NOI
$28,166/yr
Net Cash Flow
-$581/mo
Cash Margin
-16.7%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.8014
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo42
Risk Index
24.7/ 100

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

Comparables

Properties near 606 Chenier Way

Time

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