98 George Street E, Havelock-Belmont-Methuen

$419,900
98 George Street E

$419,900

Price Change
34d
DetachedBungalow

98 George Street E, Havelock-Belmont-Methuen

Total Monthly Obligation $2,223

Beds
3
Baths
1
Park
3
Sqft
< 700
DOM
34d
Score
28
Yield
6.9%
Cash on Cash
5.9%
Cap Rate
5.9%
5Y IRR
20.3%
10Y IRR
18.5%
Property Type-Detached
MLS® Number-X13805596
Beds-3
Bathrooms-1
Size-< 700 sqft
Lot Size-66 × 165 ft
Listed on site-Sep 19, 2026
Style-Bungalow
Building Type-Detached
Taxes-$1,845 (2025)
Parking-4 - Detached
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-KIC Realty
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Aluminum Siding
Roof-Metal
Foundation-Block
Sewer-Sewer
Possession-TBA
Neighbourhood-Havelock
Title-Residential Freehold

No agent assigned

Perfect home for first-time buyers, downsizers, or anyone looking for comfortable, easy living! This charming 2+1 bedroom home offers a welcoming eat-in kitchen and a bright living room featuring beautiful hardwood floors. The lower level provides additional living space with an open-concept sitting area and bedroom, plus a large utility room offering plenty of storage.A fantastic bonus is the Generac generator, providing peace of mind during power outages. Outside, you'll find a detached garage with an 8' x 24' sunroom-a wonderful spot to sit and relax, enjoy your morning coffee, or get an early start on your garden plants.The great-sized yard offers plenty of room to enjoy the outdoors, complete with a firepit, storage shed, and lots of space for gardening. A large carport provides convenient covered parking, makes carrying in the groceries easy, and doubles as a shady outdoor space to relax.Enjoy the convenience of being within walking distance to restaurants, banking, schools, parks, shopping, and everyday amenities. A comfortable and practical home with plenty of indoor and outdoor space-ready for its next owner! Water & Sewer approx $137.monthly , Hydro approx $80.00, average natural gas is $110 montly in winter

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

Closing Costs

Mortgage Amount
$335,920
Land Transfer Taxes$4,873
Legal Fees (Est.)
$
Total cash required for closing$90,353

Total Monthly Obligation

$2,223/mo
Mortgage $1,694
Monthly Loss $1,777
Principal$446
Interest$1,248
Property Tax$154
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.7%34
Cash-on-Cash
-0.8%6
5-Year IRR
15.0%71
10-Year IRR
14.6%
Returns Index
37.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
28/ 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
$28,800/yr
NOI
$19,575/yr
Net Cash Flow
-$63/mo
Cash Margin
-2.6%3
Cash Flow Index
2.9/ 100
Risk Profile
Weight: 20%
DSCR
0.9624
LTV Ratio
80.0%18
Vacancy Buffer
4.3 mo73
Risk Index
38.6/ 100

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

Comparables

Properties near 98 George Street E

Time

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