85 Wright Avenue, Belleville

$325,000
85 Wright Avenue

$325,000

New
4d
DetachedBungalow

85 Wright Avenue, Belleville

Total Monthly Obligation $1,959

HausQ Valuation Report
Beds
2
Baths
1
Park
4
Sqft
700-1100
DOM
4d
Score
50
Yield
9.5%
Cash on Cash
14.5%
Cap Rate
7.7%
5Y IRR
27.4%
10Y IRR
24.6%
Property Type-Detached
MLS® Number-X14094624
Beds-2
Bathrooms-1
Size-700-1100 sqft
Lot Size-68.69 × 144.62 ft
Listed on site-Oct 19, 2026
Style-Bungalow
Building Type-Detached
Taxes-$3,275.26 (2025)
Parking-5 - Detached
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-Exit Realty Group
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-Minimum of 1.5 months for closing
Neighbourhood-Belleville Ward
Title-Residential Freehold

No agent assigned

Charming brick bungalow, priced to sell and ready for your personal touch, nestled in a quiet, central Belleville neighborhood just steps from all local amenities. This solid two bedroom, one bathroom home offers incredible value, complete with a single car detached garage. Interior tile drainage work around the entire perimeter of the basement, totaling over $22,000, has already been completed, and a brand new roof has just been installed, meaning two of the biggest concerns for buyers are already handled. What's left is pure opportunity: bring your vision and cosmetic updates to transform this home into something truly your own, all while locking in instant equity and strong upside potential thanks to the below-market price. A rare chance for buyers or investors to add value fast and maximize their return in one of Belleville's most convenient, sought-after locations.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$260,000
Land Transfer Taxes$3,350
Legal Fees (Est.)
$
Total cash required for closing$69,850

Total Monthly Obligation

$1,959/mo
Mortgage $1,311
Monthly Loss $1,614
Principal$345
Interest$966
Property Tax$273
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
6.1%52
Cash-on-Cash
6.0%27
5-Year IRR
20.7%93
10-Year IRR
19.4%
Returns Index
58.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeC
50/ 100
Poor•Caution

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$30,756/yr
NOI
$19,905/yr
Net Cash Flow
$348/mo
Cash Margin
13.6%43
Cash Flow Index
42.9/ 100
Risk Profile
Weight: 20%
DSCR
1.2752
LTV Ratio
80.0%18
Vacancy Buffer
4.8 mo81
Risk Index
50.2/ 100

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

Comparables

Properties near 85 Wright Avenue

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.