$1,699,000
↓ $200,000 from $1,899,000
Est. payment $7,523/moCalculate yours
1016 Old Montreal Road, Orleans - Cumberland and Area, ON K4A 3N2
1107 - Springridge/East Village, Orleans - Cumberland and Area, ON K4A 3N2
- 1 Beds
- 1 Baths
- 3,000 Sq Ft
Listing courtesy of ROYAL LEPAGE PERFORMANCE REALTY MLS® X12264515
About this home
Opportunity alert for developers and investors, don’t miss out on this lucrative prospect! A proposed 2×24 units.Discover this spacious 3 bedroom bungalow situated on a 1.411-acre lot (119.70′ frontage x 528.59′ depth) in the heart of Orléans on Old Montreal Road. Located on the south end of the desirable Spring Ridge neighbourhood, the property is just a short walk to the Light Rail Transit at Trim Road. It borders newer residential developments and sits directly across from planned commercial amenities including shops and restaurants. A fantastic opportunity for development in a thriving area. 24-hour irrevocable on all offers.
Property details
Overview
- Property Type
- Detached
- Style
- Bungalow
- For
- For Sale
- Status
- New
- Size
- 3,000 sqft
Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Kitchens
- 1
- Basement
- None
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Other
- Exterior
- Brick, Stucco (Plaster)
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 119.6 x 528.59 Feet
- Parking
- None garage · 20 total
Financial
- Property Taxes
- $5,792 (2025)
Location
- Neighbourhood
- 1107 - Springridge/East Village
- Cross Street
- Trim and St Joseph
- Direction Faces
- South
Listing
- MLS® Number
- X12264515
- Days on Market
- 471
- Listed On
- 2025-07-04
- Possession
- TBD
- Listed By
- ROYAL LEPAGE PERFORMANCE REALTY
Features
Interior
- Central Vacuum
Pool
- None
Mortgage calculator
Estimated mortgage payment
$7,523 per month
- Principal and interest
- $7,523
- Property tax
- $483
- Condo fees
- $0
- Estimated monthly cost
- $8,005
Your mortgage
- Mortgage amount
- $1,359,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $897,641
Cash to close
- Down payment
- $339,800
- Land transfer tax
- $30,455
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $370,255
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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