47 Bay Drive, Belleville

$399,900
47 Bay Drive

$399,900

Price Change
28d
Detached1 1/2 Storey

47 Bay Drive, Belleville

Total Monthly Obligation $2,254

HausQ Valuation Report
Beds
3
Baths
1
Park
2
Sqft
1100-1500
DOM
28d
Score
27
Yield
7.2%
Cash on Cash
5.6%
Cap Rate
5.8%
5Y IRR
20.1%
10Y IRR
18.3%
Property Type-Detached
MLS® Number-X13830212
Beds-3
Bathrooms-1
Size-1100-1500 sqft
Lot Size-50.76 × 107.41 ft
Listed on site-Sep 25, 2026
Style-1 1/2 Storey
Building Type-Detached
Age-51-99
Taxes-$3,187 (2025)
Parking-3 - Detached
Basement-Crawl Space
Heating-Forced Air (Gas)
Brokerage-Royal LePage ProAlliance Realty
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Aluminum Siding
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Immediate
Neighbourhood-Belleville Ward
Title-Residential Freehold

No agent assigned

Welcome to 47 Bay Drive, a charming and inviting three-bedroom home in a wonderfully convenient Belleville location. With Belleville General Hospital just beside you and a communal park right behind the property, you'll enjoy a lovely connection to green space while remaining close to everyday amenities. The Bay of Quinte waterfront, walking trails and downtown Belleville are also nearby. Inside, the home offers a comfortable layout with one bedroom on the main floor and two additional bedrooms upstairs. Hardwood flooring lies beneath the carpet in the main living area, offering an opportunity to reveal and enjoy a classic detail. Vinyl windows, central air conditioning and a natural gas furnace add everyday comfort, while the fridge and stove are included. The outdoor space is especially appealing, with beautiful landscaping, a partially fenced yard, a covered back deck and a charming patio-ideal for enjoying a quiet morning or unwinding outside. The detached single-car garage also features a workshop at the back, providing useful space for hobbies, projects or storage. Cute, comfortable and ideally situated near the hospital, park, waterfront and trails, this home is a lovely opportunity to enjoy Belleville living.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$319,920
Land Transfer Taxes$4,474
Legal Fees (Est.)
$
Total cash required for closing$85,954

Total Monthly Obligation

$2,254/mo
Mortgage $1,613
Monthly Loss $1,829
Principal$424
Interest$1,189
Property Tax$266
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.5%32
Cash-on-Cash
-1.4%5
5-Year IRR
14.6%69
10-Year IRR
14.4%
Returns Index
36.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
27/ 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
$28,704/yr
NOI
$18,147/yr
Net Cash Flow
-$101/mo
Cash Margin
-4.2%2
Cash Flow Index
2.1/ 100
Risk Profile
Weight: 20%
DSCR
0.9422
LTV Ratio
80.0%18
Vacancy Buffer
4.2 mo73
Risk Index
37.7/ 100

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

Comparables

Properties near 47 Bay Drive

Time

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