33 Bellevue Avenue, Norfolk

$729,000
33 Bellevue Avenue

$729,000

New
23d
Detached2-Storey

33 Bellevue Avenue, Norfolk

Total Monthly Obligation $3,606

Beds
3
Baths
2
Park
3
Sqft
1100-1500
DOM
23d
Score
16
Yield
3.6%
Cash on Cash
-8.2%
Cap Rate
2.8%
5Y IRR
9.2%
10Y IRR
9.6%
Property Type-Detached
MLS® Number-X13844926
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-55 × 146.5 ft
Listed on site-Sep 30, 2026
Style-2-Storey
Building Type-Detached
Age-51-99
Taxes-$3,483 (2025)
Parking-4 - Detached
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-COLDWELL BANKER MOMENTUM REALTY, BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Simcoe
Title-Residential Freehold

No agent assigned

Red brick home modernized with a new gourmet kitchen, quartz counterops, porcelain backsplash, dishwasher (2019)with new stainless steel refrigerator, gas stove, microwave, range hood and lots of cupboards. It is an open concept dining room and living room with gleaming hardwood floors, which makes entertaining a great experience. On the main Level is a modern 2 piece bathroom with pocket door. Off the living room is the sun room which leads out to a large deck, with a retractable awning. Upstairs has all new hardwood flooring and 3 good size bedrooms, each having a closet. There is a hall linen closet. The main bathroom has been totally updated with a large walk-in shower, mirror, sink, vanity, tile flooring and lighting. The basement features a new staircase, an upgraded hydro panel, and new windows. The front of the home has new shutter, a new concrete driveway, steps and porch. An awning has been added to the side entrance door. The garage is 1.5 car garage, with lots of room for tools. In the backyard is a new wooden fence, suitable for pets, children, and the enjoyment of your privacy in the large landscaped yard. Book your private showing to see your new home.

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

Closing Costs

Mortgage Amount
$583,200
Land Transfer Taxes$11,055
Legal Fees (Est.)
$
Total cash required for closing$158,355

Total Monthly Obligation

$3,606/mo
Mortgage $2,941
Monthly Loss $2,832
Principal$774
Interest$2,167
Property Tax$290
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.4%0
5-Year IRR
5.8%14
10-Year IRR
7.4%
Returns Index
8.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$26,400/yr
NOI
$15,777/yr
Net Cash Flow
-$1,626/mo
Cash Margin
-73.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.454
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo44
Risk Index
22.0/ 100

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

Comparables

Properties near 33 Bellevue Avenue

Time

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