6532 Bilberry Drive 102, Orleans - Convent Glen and Area

$310,000
6532 Bilberry Drive 102

$310,000

New
2d
Condo Apartment1 Storey/Apt

6532 Bilberry Drive 102, Orleans - Convent Glen and Area

Total Monthly Obligation $2,350

Beds
2
Baths
2
Park
1
Sqft
800-899
DOM
2d
Score
21
Yield
8.1%
Cash on Cash
-2.0%
Cap Rate
4.2%
5Y IRR
14.0%
10Y IRR
13.4%
Property Type-Condo Apartment
MLS® Number-X14103388
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Oct 21, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$2,130.38 (2026)
Maintenance-$721.99/mo
Locker-None
Parking-1 - None
Basement-None
Heating-Baseboard (Electric)
Brokerage-RE/MAX HALLMARK REALTY GROUP
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Vinyl Siding
Possession-Immediate
Neighbourhood-2003 - Orleans Wood
Title-Residential Condo & Other

No agent assigned

Welcome to 102-6532 Bilberry Drive, a beautifully updated main-floor condo offering 2 bedrooms, 1.5 bathrooms, and a generous, functional layout in a convenient Orléans location. With easy main-floor access and numerous updates completed throughout, this inviting unit offers comfortable, low-maintenance living. The bright and open living and dining areas provide plenty of room for everyday living and entertaining, featuring new living room flooring (2024), pot lights throughout (2024), and fresh paint (2024). The kitchen has been tastefully refreshed with updated countertops, backsplash, and cabinet hardware (2024), creating a welcoming and functional space. Two well-proportioned bedrooms offer flexibility for a variety of needs, while the additional powder room adds everyday convenience. Further improvements include new closet doors (2024), blinds (2024), and a new hot water tank (2025). Additional highlights include convenient in-unit storage and one parking space. Situated in a mature, established neighbourhood surrounded by greenery, this condo is ideally located near the Ottawa River, NCC parkland, and an extensive network of walking, cycling, and cross-country ski trails. Everyday amenities, including Metro, LCBO, pharmacies, shopping, and restaurants, are all nearby, with easy access to Highway 174 and public transit for convenient commuting. Offering an excellent combination of generous living space, thoughtful updates, main-floor accessibility, and a fantastic location, this condo is a wonderful opportunity for first-time buyers, downsizers, or anyone seeking a convenient, low-maintenance lifestyle. 24 hour irrevocable on all offers.

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

Closing Costs

Mortgage Amount
$248,000
Land Transfer Taxes$3,125
Legal Fees (Est.)
$
Total cash required for closing$66,625

Total Monthly Obligation

$2,350/mo
Mortgage $1,250
Monthly Loss $2,021
Principal$329
Interest$921
Property Tax$178
Condo Fees$722
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.5%1
5-Year IRR
9.4%32
10-Year IRR
10.5%
Returns Index
16.7/ 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
$25,056/yr
NOI
$9,356/yr
Net Cash Flow
-$471/mo
Cash Margin
-22.5%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.628
LTV Ratio
80.0%18
Vacancy Buffer
4.1 mo70
Risk Index
32.0/ 100

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

Comparables

Properties near 6532 Bilberry Drive 102

Time

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