51 Craig Street, Belleville

$499,900
51 Craig Street

$499,900

New
7d
DetachedBungalow

51 Craig Street, Belleville

Total Monthly Obligation $2,728

Beds
4
Baths
2
Park
3
Sqft
700-1100
DOM
7d
Score
24
Yield
6.5%
Cash on Cash
2.9%
Cap Rate
5.2%
5Y IRR
17.9%
10Y IRR
16.5%
Property Type-Detached
MLS® Number-X14087632
Beds-4
Bathrooms-2
Size-700-1100 sqft
Lot Size-55 × 171 ft
Listed on site-Oct 16, 2026
Style-Bungalow
Building Type-Detached
Taxes-$4,037 (2025)
Parking-4.5 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-Royal LePage ProAlliance Realty
Cooling-Central Air
Laundry-No
Fireplace-Living Room, Natural Gas
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible/Quick
Neighbourhood-Belleville Ward
Title-Residential Freehold

No agent assigned

Is this your new home? Beautifully maintained brick bungalow sits on an in-town, dead-end street just waiting for the right home-owner. This solid 4-Bedroom, 2-Bathroom home has had many quality updates completed by the lovely lady who lived here for over 25 years. Improvements include: gleaming hardwood flooring on main floor (including bedrooms) , a complete kitchen redo (with 6ft island), 4-pcs bathroom redo, vinyl windows & doors, 2 gas fireplaces (double-sided), a high-efficiency gas furnace, a lower-level laundry room and 3-pcs bathroom...and the gardens..the back & front yard has beautiful perennial gardens maintained for years. Also included outside is the 1.5 car attached garage with double doors (front & back) for easy access and a large covered deck overlooking the fenced backyard. Great location, solid, cared for home...this may be the best one you've seen!

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

Closing Costs

Mortgage Amount
$399,920
Land Transfer Taxes$6,473
Legal Fees (Est.)
$
Total cash required for closing$107,953

Total Monthly Obligation

$2,728/mo
Mortgage $2,016
Monthly Loss $2,197
Principal$531
Interest$1,486
Property Tax$336
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.1%28
Cash-on-Cash
-3.2%4
5-Year IRR
13.2%59
10-Year IRR
13.1%
Returns Index
30.6/ 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
$32,532/yr
NOI
$20,742/yr
Net Cash Flow
-$288/mo
Cash Margin
-10.6%1
Cash Flow Index
0.6/ 100
Risk Profile
Weight: 20%
DSCR
0.8617
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo60
Risk Index
31.7/ 100

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

Comparables

Properties near 51 Craig Street

Time

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