159 Singleton Drive, Belleville

$500,000
159 Singleton Drive

$500,000

New
6d
DetachedBacksplit 3

159 Singleton Drive, Belleville

Total Monthly Obligation $2,739

Beds
3
Baths
2
Park
4
Sqft
700-1100
DOM
6d
Score
21
Yield
5.7%
Cash on Cash
-0.7%
Cap Rate
4.4%
5Y IRR
15.0%
10Y IRR
14.2%
Property Type-Detached
MLS® Number-X14090352
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-50 × 127.06 ft
Listed on site-Oct 17, 2026
Style-Backsplit 3
Building Type-Detached
Taxes-$4,162.14 (2026)
Parking-5 - Attached
Basement-Finished, Walk-Up
Heating-Forced Air (Gas)
Brokerage-Royal LePage ProAlliance Realty
Cooling-Central Air
Laundry-No
Fireplace-Electric, Living Room
Pool-None
Facing-East
Exterior-Brick, Stone
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Belleville Ward
Title-Residential Freehold

No agent assigned

Growing your family or simply looking for a home that keeps up with your busy life? This may be the home for you! Beautifully updated and finished top to bottom, this move-in-ready home in Belleville's east end offers an attached single garage, a private deck and a fully fenced backyard. Bring the family, bring the dog and settle right in! The open-concept main living area makes it easy to stay connected, whether you're preparing dinner, helping with homework or hosting friends. A kitchen renovation and new flooring throughout, both completed in 2022, give the home a fresh, cohesive feel, while the living room's electric fireplace, added in 2023, creates a cozy spot to unwind. The upper level features three bedrooms and a thoughtfully arranged five-piece bathroom. A separate powder room area leads into the bathing space, complete with a bathtub, tiled shower and second vanity-a practical layout for busy family routines. The finished lower level offers additional space for everyday living, playtime or movie nights, along with a two-piece bathroom adjacent to the laundry room and potential to create a second full bathroom. Outside, enjoy summer meals on the private deck and a fenced backyard with room to play, garden or relax. Set in an established neighbourhood close to shopping, restaurants, parks and Belleville General Hospital, this location makes everyday errands easy. Nearby waterfront trails along the Bay of Quinte offer a scenic setting for walks and bike rides, adding outdoor recreation to the convenience of east-end living. An extensive list of updates since 2018/2019 including the furnace, AC & window; roof shingles (2021), a new electrical breaker panel (2022), and a new garage door (2025). With so much already taken care of, you can spend more time enjoying your home and everything the community has to offer!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$400,000
Land Transfer Taxes$6,475
Legal Fees (Est.)
$
Total cash required for closing$107,975

Total Monthly Obligation

$2,739/mo
Mortgage $2,017
Monthly Loss $2,208
Principal$531
Interest$1,486
Property Tax$347
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.4%22
Cash-on-Cash
-6.5%2
5-Year IRR
10.5%39
10-Year IRR
11.1%
Returns Index
20.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$28,704/yr
NOI
$17,171/yr
Net Cash Flow
-$586/mo
Cash Margin
-24.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7110
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo60
Risk Index
29.5/ 100

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

Comparables

Properties near 159 Singleton Drive

Time

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