56 Cavendish Drive, Belleville

$699,900
56 Cavendish Drive

$699,900

Price Change
23d
Detached2-Storey

56 Cavendish Drive, Belleville

Total Monthly Obligation $3,734

HausQ Valuation Report
Beds
4
Baths
4
Park
4
Sqft
1500-2000
DOM
23d
Score
18
Yield
4.9%
Cash on Cash
-4.5%
Cap Rate
3.6%
5Y IRR
12.0%
10Y IRR
11.8%
Property Type-Detached
MLS® Number-X13845282
Beds-4
Bathrooms-4
Size-1500-2000 sqft
Lot Size-50 × 104.99 ft
Listed on site-Sep 30, 2026
Style-2-Storey
Building Type-Detached
Age-16-30
Taxes-$6,430.84 (2026)
Parking-6 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-Royal LePage ProAlliance Realty
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-60-89 days
Neighbourhood-Thurlow Ward
Title-Residential Freehold

No agent assigned

Welcome to this well-maintained two-storey home located in a quiet, family-friendly neighbourhood in Belleville's desirable north end. The bright and spacious main floor features a welcoming kitchen with a large island, opening into a generous dining and living area. Patio doors lead to a two-tier deck and fully fenced private backyard, creating an ideal space for outdoor entertaining, relaxing or enjoying time with family. Upstairs, you'll find three spacious bedrooms and two bathrooms, including a convenient three-piece ensuite. The newly built lower-level in-law suite provides excellent flexibility for extended family, guests or additional living space and is equipped with a fridge, stove, dishwasher, and hood fan. Enjoy the convenience of being close to schools, parks, walking trails, shopping, dining and recreational amenities, with easy access to Highway 401. Belleville's waterfront, downtown, trails and extensive park system are also within easy reach, offering plenty of opportunities to enjoy everything the Bay of Quinte community has to offer. A wonderful opportunity for families looking for a comfortable home in a peaceful setting with versatile living space.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$559,920
Land Transfer Taxes$10,473
Legal Fees (Est.)
$
Total cash required for closing$151,953

Total Monthly Obligation

$3,734/mo
Mortgage $2,823
Monthly Loss $2,991
Principal$743
Interest$2,080
Property Tax$536
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.3%1
5-Year IRR
8.3%25
10-Year IRR
9.3%
Returns Index
13.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$34,200/yr
NOI
$19,849/yr
Net Cash Flow
-$1,169/mo
Cash Margin
-41.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.597
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo42
Risk Index
22.2/ 100

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

Comparables

Properties near 56 Cavendish Drive

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.