2141 Belair Drive, Belair Park - Copeland Park and Area

$725,000
2141 Belair Drive

$725,000

Price Change
64d
DetachedBungalow

2141 Belair Drive, Belair Park - Copeland Park and Area

Total Monthly Obligation $3,679

Beds
5
Baths
2
Park
5
Sqft
1100-1500
DOM
64d
Score
19
Yield
4.9%
Cash on Cash
-3.1%
Cap Rate
3.9%
5Y IRR
13.1%
10Y IRR
12.7%
Property Type-Detached
MLS® Number-X13712556
Beds-5
Bathrooms-2
Size-1100-1500 sqft
Lot Size-56 × 100 ft
Listed on site-Aug 20, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$4,553 (2025)
Parking-6 - Detached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE TEAM REALTY
Cooling-Central Air
Laundry-No
Fireplace-Living Room, Wood
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-ASAP/Immediate
Neighbourhood-5401 - Bel Air Park
Title-Residential Freehold

No agent assigned

Pre-inspected! Located on Bel-Air Drive in the well-established highly sought after Bel-Air Park neighbourhood, this 3+2 bedroom and 2 bathroom home has plenty of space inside and out. The main floor features a beautifully renovated kitchen with granite countertops, hardwood and tile flooring throughout, and a wood-burning fireplace in the living room. The fully fenced backyard backs onto an elementary school yard, giving you added privacy with no rear neighbours, and includes a hot tub, detached garage and storage shed. A separate backyard studio is a great bonus and could easily be used as a home office, workshop, art studio, playroom or whatever suits your needs. Close to schools, Algonquin College, daycares, parks, public transit and amenities, this is a great family home in a highly sought-after area. 24 hr irr on all offers.

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

Closing Costs

Mortgage Amount
$580,000
Land Transfer Taxes$10,975
Legal Fees (Est.)
$
Total cash required for closing$157,475

Total Monthly Obligation

$3,679/mo
Mortgage $2,924
Monthly Loss $2,909
Principal$770
Interest$2,155
Property Tax$379
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.2%19
Cash-on-Cash
-7.8%1
5-Year IRR
9.5%32
10-Year IRR
10.2%
Returns Index
17.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$35,520/yr
NOI
$22,915/yr
Net Cash Flow
-$1,015/mo
Cash Margin
-34.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.658
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo42
Risk Index
23.0/ 100

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

Comparables

Properties near 2141 Belair Drive

Time

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