66 North Park Gardens, Belleville

$479,000
66 North Park Gardens

$479,000

New
21d
DetachedBungalow-Raised

66 North Park Gardens, Belleville

Total Monthly Obligation $2,604

Beds
3
Baths
2
Park
2
Sqft
1100-1500
DOM
21d
Score
25
Yield
6.5%
Cash on Cash
3.2%
Cap Rate
5.3%
5Y IRR
18.2%
10Y IRR
16.7%
Property Type-Detached
MLS® Number-X13855532
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-63 × 110.15 ft
Listed on site-Oct 2, 2026
Style-Bungalow-Raised
Building Type-Detached
Age-51-99
Taxes-$3,557.8 (2025)
Parking-4 - Detached
Basement-Partially Finished, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-EXIT REALTY ACCELERATION REAL ESTATE, BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Aluminum Siding
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Belleville Ward
Title-Residential Freehold

No agent assigned

Filled with natural light and conveniently located close to all amenities, this 3 bedroom, 2 bathroom bungalow offers comfortable living with plenty of flexibility. The main floor features a bright sunroom, newer kitchen, and newer flooring. The partially finished lower level includes a three-piece bathroom and separate entrance, creating the potential for an in-law suite or additional living space. Outside, the fully fenced yard provides room to enjoy the outdoors. The detached garage is extra deep and long enough to accommodate two vehicles, with a carport offering additional covered parking. A new heat pump (2025) adds efficient heating and cooling for year-round comfort.

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

Closing Costs

Mortgage Amount
$383,200
Land Transfer Taxes$6,055
Legal Fees (Est.)
$
Total cash required for closing$103,355

Total Monthly Obligation

$2,604/mo
Mortgage $1,932
Monthly Loss $2,095
Principal$508
Interest$1,424
Property Tax$296
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.2%29
Cash-on-Cash
-3.0%4
5-Year IRR
13.3%60
10-Year IRR
13.3%
Returns Index
31.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
25/ 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
$31,284/yr
NOI
$20,098/yr
Net Cash Flow
-$257/mo
Cash Margin
-9.9%1
Cash Flow Index
0.7/ 100
Risk Profile
Weight: 20%
DSCR
0.8718
LTV Ratio
80.0%18
Vacancy Buffer
3.7 mo63
Risk Index
33.0/ 100

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

Comparables

Properties near 66 North Park Gardens

Time

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