The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Welcome to 1466 Prestone Drive, in the heart of the family friendly neighbourhood of Queenswood Heights. Four bedrooms, 3 bathrooms, double garage, finished basement, and a private yard, and within a convenient 15 minute neighbourhood. You've got shopping galore (Place d'Orleans or the Fallingbrook Shopping Centre, both only 5 mins away), the Orleans Farmers Market from May through October with 35+ local vendors, right beside Ray Friel Recreation complex and the Cumberland branch of the Ottawa Public Library. Minutes from Queenswood Ridge Park, which has a baseball diamond, walking track, picnic shelter, splash pad, and playground. Centrally located for schools from multiple schools, regardless of the school board you desire. Convenient transit with bus routes near by and the LRT extending to Orleans very soon. If you're driving, you're close to the 174 and only a 20 minute drive to downtown. Great neighbourhood, and great house. Situated on a large 60 by 100 foot lot you will enjoy the privacy of a fully hedged and fenced yard, and the bonus of two storage sheds, fenced garden beds, and a deck, perfect for entertaining. Head inside, you have gleaming maple hardwood floors throughout the main and upper levels. A separate living room, dining room, family room, and a kitchen with space for another eating area, 1466 Prestone has all the space you need. Also on the main level are a 2pc bathroom and a large mudroom entry from the double car garage (which used to be the laundry room and could be converted back to one). Upstairs, you'll find the large Primary bedroom suite with an ensuite 4pc bathroom and walk-in closet, plus three other good sized bedrooms and another full 4pc bathroom. Downstairs, you've got a huge recreation room, a den, and plenty of storage throughout the furnace / laundry room.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
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A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$3,083/mo
Mortgage (principal + interest)$2,675
Property taxFrom listing: $4,898/yr$408
Minimum $46,500 down for this price; the slider moves in whole percent, starting at 7%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$143,000
Ontario land transfer taxProvincial brackets, no first-time refund$10,775
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$156,575
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Orleans - Cumberland and Area has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
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