44 Geddes Street, Belleville

$339,999
44 Geddes Street

$339,999

New
29d
DetachedBungalow

44 Geddes Street, Belleville

Total Monthly Obligation $1,941

Beds
2
Baths
1
Park
3
Sqft
< 700
DOM
29d
Score
26
Yield
6.9%
Cash on Cash
4.7%
Cap Rate
5.6%
5Y IRR
19.3%
10Y IRR
17.7%
Property Type-Detached
MLS® Number-X13826132
Beds-2
Bathrooms-1
Size-< 700 sqft
Lot Size-35 × 165 ft
Listed on site-Sep 24, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$2,337 (2025)
Parking-3 - None
Basement-Crawl Space
Heating-Baseboard (Electric)
Brokerage-Royal LePage ProAlliance Realty
Cooling-Window Unit(s)
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Aluminum Siding
Roof-Metal
Foundation-Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Belleville Ward
Title-Residential Freehold

No agent assigned

FARMHOUSE CHARM | EXTENSIVELY UPDATED | TURNKEY LIVING. Welcome to 44 Geddes Street! Purchased in 2024 as a one-bedroom home, this charming farmhouse-inspired property has been meticulously transformed and brought back to life by its current owner. Extensive updates include new plumbing, electrical, insulation, vapour barrier, and an electric heating system. The home was gutted in many areas and thoughtfully rebuilt, while the layout was converted from one bedroom to two. Inside, farmhouse character meets modern comfort, with beautiful shiplap walls throughout and a completely renovated kitchen featuring new flooring, cabinetry, stainless steel appliances, and a cute little pantry. Custom, hand-made window coverings were thoughtfully created to complement the home's farmhouse aesthetic. The second bedroom closet houses the owned electric hot water tank and convenient washer/dryer hookups. The brand-new metal roof adds durability and completes the farmhouse look, with a matching metal roof planned for the detached shed. Municipal water and sewer, along with electric heat and hot water, make ownership simple and straightforward. Centrally located in the heart of Belleville, you're just minutes from the scenic Moira River, grocery stores, schools, public transit, Pirate Ship Park, and the Quinte Sports & Wellness Centre. Enjoy approximately 8 minutes to Quinte Mall and just 5 minutes to Highway 401. Outside, the beautiful long, shaded lot features a fully fenced backyard with plenty of space for children, pets, gardening, relaxing, and entertaining. Whether you're a first-time buyer or looking to downsize, 44 Geddes Street offers a rare blend of farmhouse charm, extensive updates, thoughtful details, and convenient city living. A true labour of love, this home is ready for its next chapter!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$271,999
Land Transfer Taxes$3,575
Legal Fees (Est.)
$
Total cash required for closing$73,075

Total Monthly Obligation

$1,941/mo
Mortgage $1,371
Monthly Loss $1,580
Principal$361
Interest$1,011
Property Tax$195
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.2%29
Cash-on-Cash
-2.9%4
5-Year IRR
13.5%61
10-Year IRR
13.4%
Returns Index
31.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
26/ 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
$23,556/yr
NOI
$14,363/yr
Net Cash Flow
-$175/mo
Cash Margin
-8.9%1
Cash Flow Index
0.8/ 100
Risk Profile
Weight: 20%
DSCR
0.8718
LTV Ratio
80.0%18
Vacancy Buffer
4.9 mo82
Risk Index
39.5/ 100

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

Comparables

Properties near 44 Geddes Street

Time

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Data last updated within the past 24 hours.