15 Aldersgate Drive 14, Belleville

$359,000
15 Aldersgate Drive 14

$359,000

New
28d
Att/Row/TownhouseBungalow

15 Aldersgate Drive 14, Belleville

Total Monthly Obligation $2,048

Beds
1
Baths
2
Park
1
Sqft
700-1100
DOM
28d
Score
26
Yield
6.9%
Cash on Cash
4.2%
Cap Rate
5.5%
5Y IRR
18.9%
10Y IRR
17.3%
Property Type-Att/Row/Townhouse
MLS® Number-X13829526
Beds-1
Bathrooms-2
Size-700-1100 sqft
Listed on site-Sep 25, 2026
Style-Bungalow
Building Type-Att/Row/Townhouse
Taxes-$2,697.6 (2026)
Parking-1 - Built-In
Basement-Crawl Space
Heating-Forced Air (Gas)
Brokerage-Re/Max Quinte Ltd.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Slab
Sewer-Sewer
Possession-Immediate
Neighbourhood-Belleville Ward
Title-Residential Freehold

No agent assigned

Life Lease Bungalow. Welcome to easy, low-maintenance living in the desirable adult community of Aldersgate! This charming 1-bedroom plus den bungalow offers a comfortable and convenient lifestyle, perfect for those looking to enjoy retirement without the worry of exterior maintenance. The home features an attached single-car garage with inside entry, a bright and welcoming living room, and a functional kitchen with access to the patio - a great spot to sit outside and enjoy your morning coffee. The spacious primary bedroom includes its own private ensuite, while the versatile den provides additional space for a second bedroom, home office, hobby room or guest area. An additional bathroom and convenient in-suite laundry complete the interior. Enjoy the benefits of community living with lawn care and snow removal taken care of, giving you more time to enjoy the things you love. Aldersgate also offers weekly gatherings and a variety of activities for those who wish to participate, along with a nearby walking trail to enjoy. A wonderful opportunity to simplify your lifestyle while still maintaining your own comfortable and private space.

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

Closing Costs

Mortgage Amount
$287,200
Land Transfer Taxes$3,860
Legal Fees (Est.)
$
Total cash required for closing$77,160

Total Monthly Obligation

$2,048/mo
Mortgage $1,448
Monthly Loss $1,667
Principal$381
Interest$1,067
Property Tax$225
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.2%29
Cash-on-Cash
-3.2%4
5-Year IRR
13.3%59
10-Year IRR
13.3%
Returns Index
30.9/ 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
$24,600/yr
NOI
$14,942/yr
Net Cash Flow
-$203/mo
Cash Margin
-9.9%1
Cash Flow Index
0.7/ 100
Risk Profile
Weight: 20%
DSCR
0.8617
LTV Ratio
80.0%18
Vacancy Buffer
4.7 mo79
Risk Index
38.2/ 100

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

Comparables

Properties near 15 Aldersgate Drive 14

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.