17 Alder Court, Belleville

$498,900
17 Alder Court

$498,900

New
28d
Att/Row/TownhouseBungalow

17 Alder Court, Belleville

Total Monthly Obligation $2,706

Beds
3
Baths
2
Park
1
Sqft
700-1100
DOM
28d
Score
23
Yield
6.3%
Cash on Cash
1.9%
Cap Rate
5.0%
5Y IRR
17.1%
10Y IRR
15.9%
Property Type-Att/Row/Townhouse
MLS® Number-X13828418
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-24 × 123.69 ft
Listed on site-Sep 25, 2026
Style-Bungalow
Building Type-Att/Row/Townhouse
Taxes-$3,816.99 (2026)
Parking-2 - Attached
Basement-Finished
Heating-Forced Air (Electric)
Brokerage-Royal Lepage ProAlliance Realty
Cooling-Central Air
Laundry-No
Fireplace-Electric
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete, Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Belleville Ward
Title-Residential Freehold

No agent assigned

Welcome to 17 Alder Court! Tucked away on a quiet cul-de-sac in a desirable central location, this all-brick bungalow town offers comfortable, stylish living with plenty of space throughout. The bright open-concept main floor features a beautiful cherry wood kitchen with quartz countertops and newer stainless-steel appliances. The adjoining dining and living areas boast soaring ceilings, gorgeous hardwood floors, and patio doors that lead to the rear deck. The primary bedroom overlooks the private backyard, while the second bedroom features a charming skylight. A modern 4-piece bathroom with quality finishes and convenient inside entry from the garage complete the main level. The finished lower level provides even more room to enjoy, with a spacious rec room featuring an electric fireplace, an additional bedroom with a generous closet, a versatile den, updated 3-piece bathroom, storage space, and separate laundry/utility room. Step outside to the inviting deck and backyard, where a mature maple tree offers shade, privacy, and a beautiful natural setting. A wonderful opportunity in a great location-welcome home!

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

Closing Costs

Mortgage Amount
$399,120
Land Transfer Taxes$6,453
Legal Fees (Est.)
$
Total cash required for closing$107,733

Total Monthly Obligation

$2,706/mo
Mortgage $2,012
Monthly Loss $2,176
Principal$530
Interest$1,483
Property Tax$318
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.0%27
Cash-on-Cash
-4.1%3
5-Year IRR
12.5%54
10-Year IRR
12.6%
Returns Index
27.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$31,200/yr
NOI
$19,763/yr
Net Cash Flow
-$366/mo
Cash Margin
-14.1%0
Cash Flow Index
0.3/ 100
Risk Profile
Weight: 20%
DSCR
0.8215
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo60
Risk Index
31.2/ 100

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

Comparables

Properties near 17 Alder Court

Time

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