12 Thorncliffe Drive, Belleville

$479,900
12 Thorncliffe Drive

$479,900

New
7d
DetachedSidesplit 4

12 Thorncliffe Drive, Belleville

Total Monthly Obligation $2,636

Beds
3
Baths
2
Park
3
Sqft
700-1100
DOM
7d
Score
24
Yield
6.5%
Cash on Cash
2.6%
Cap Rate
5.1%
5Y IRR
17.6%
10Y IRR
16.3%
Property Type-Detached
MLS® Number-X14086900
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-59.29 × 113.7 ft
Listed on site-Oct 16, 2026
Style-Sidesplit 4
Building Type-Detached
Taxes-$3,898.2 (2026)
Parking-3 - None
Basement-Full, Partially Finished
Heating-Forced Air (Gas)
Brokerage-Royal LePage ProAlliance Realty
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick, Vinyl Siding
Roof-Shingles
Foundation-Block
Sewer-Sewer
Possession-Mid December
Neighbourhood-Belleville Ward
Title-Residential Freehold

No agent assigned

This classic West Park Village home offers room to grow and comes with a leafy setting in this bright three-bedroom, 2 bath side-split. Gleaming hardwood floors bring warmth and generous windows welcome the sunshine. The practical main floor layout includes an L-shaped living and dining room, a spacious kitchen with oak cabinetry where an extra wall of cabinetry has created additional counter and pantry space with garden door to the deck, perfect for BBQing or dining outdoors. Upstairs, an updated four-piece bathroom, large primary and two additional bedrooms all offer ample storage for a busy household. The lower level features a large rec room, a 2pc bath and direct access to the back yard. The laundry is on the fourth level along with furnace & mechanical room, storage and a workshop. This space is just waiting to become a 4th bedroom or additional flex space. Out back, the lovely deck overlooks a yard shaded by mature trees-an inviting spot for morning coffee, summer suppers, or relaxing in style. This quiet family filled neighbourhood is tucked away with parks and great schools a short walk away. Grocery, shopping, Loyalist College, and the train station all just a short drive away, keeping errands and commuting convenient. All appliances are included in this move in ready home.

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

Closing Costs

Mortgage Amount
$383,920
Land Transfer Taxes$6,073
Legal Fees (Est.)
$
Total cash required for closing$103,553

Total Monthly Obligation

$2,636/mo
Mortgage $1,936
Monthly Loss $2,126
Principal$509
Interest$1,426
Property Tax$325
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.1%28
Cash-on-Cash
-3.6%3
5-Year IRR
12.9%56
10-Year IRR
12.9%
Returns Index
29.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
24/ 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
$30,996/yr
NOI
$19,498/yr
Net Cash Flow
-$311/mo
Cash Margin
-12.0%0
Cash Flow Index
0.4/ 100
Risk Profile
Weight: 20%
DSCR
0.8416
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo62
Risk Index
32.2/ 100

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

Comparables

Properties near 12 Thorncliffe Drive

Time

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