For Sale

882 Balsam Drive, Orleans - Cumberland and Area, Ontario K1E 1B5

$894,999

882 Balsam Drive, Orleans - Cumberland and Area, Ontario K1E 1B5 is For Sale and has a listing price of 894,999. The property is located in the Orleans - Cumberland and Area . It's been on the website for 15 Days.

  • Duplex
    Property Type
  • 6
    Bedrooms
  • 2
    Bathrooms
  • MLS ID: X12482063
  • Office Name AVENUE NORTH REALTY INC.
Property Description

882 Balsam Drive just became an even greater opportunity – now city-approved for a third unit! This newly renovated, turn-key legal duplex in the heart of Orleans sits on an impressive 65′ x 150′ lot, offering the perfect blend of strong cash flow, modern upgrades, and future development potential.Originally a single-family bungalow, the property has been expertly converted into two self-contained units with separate entrances and hydro meters. The main level offers 3 spacious bedrooms, a full bathroom, and access to an attached garage – currently rented for $2,550/month, with tenants covering hydro. The lower unit features 3 bedrooms, a full bathroom, and is rented for $2,200/month. With city approval already in place for a third dwelling, this property can now be transformed into a triplex – adding tremendous value and long-term upside. A third hydro meter is already installed, and the seller has paid for professional plans for the third unit, giving the next investor a head start.The home has been fully renovated top-to-bottom, including new kitchens (with quartz countertops & stainless steel appliances), modern bathrooms, flooring, drywall, paint, pot lights throughout, upgraded electrical & plumbing, new basement windows, new interlock, a brand-new driveway that fits up to 9 vehicles, and more. Located just minutes from Highway 174, the upcoming LRT station, Place d’Orleans Mall, and the Ottawa River, this property offers unmatched convenience in one of Orleans’ most sought-after areas.Whether you’re looking to expand your portfolio, or secure a cash-flowing, future-ready investment, this is the one.

Property Details
  • Property Type: All Houses
  • Listing Type: For Sale
  • Listing ID: X12482063
  • Price: $894,999
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 150
  • Ref ID: X12482063
  • Approx Sqft: 700-1100
  • Dir / Cross St: Balsam Dr and Jeanne D'arc blvd
  • Status: Active
  • Tax Year: 2024
  • Property Type: Duplex
  • Property Sub Category: Duplex
Price History
List Date MLS ID List Price Status End Date Closed Price
10/25/2025 X12482063 $894,999 For Sale - -
07/02/2025 X12256520 $924,900 For Sale 10/24/2025 -
12/10/2024 X11888009 $599,900 Sold 12/15/2024 $610,000
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Orleans - Cumberland and Area
  • $740,723 Average List Price
    based on 1 year
  • 237 New Listings
    based on 30 days
  • 34 Median Days on Market
    based on 1 year
  • List vs. Selling Price 52.92 % Up
  • Sold (12mo) 949
  • Rented (12mo) 247

  • 1 Month Change -100.0%
  • 3 Month Change -
  • 6 Month Change -100.0%
Walkscore
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style Bungalow
  • Washroom Type1: 1
  • Garage Type Attached
  • Parking Spaces: 9
  • Exterior Brick, Brick Front
  • Kitchen 2
  • Family Room: 1
  • Washrooms Type 1 # Pcs: 4
  • Washrooms Type 2 # Pcs: 3
  • Washrooms Type 2: 1
  • Taxes: $3,923
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 25/10/2025 14:59:19
Want to see this property?