59 Cottonwood Drive, Belleville

$659,900
59 Cottonwood Drive

$659,900

New
21d
DetachedBungalow

59 Cottonwood Drive, Belleville

Total Monthly Obligation $3,037

HausQ Valuation Report
Beds
2
Baths
2
Park
2
Sqft
1100-1500
DOM
21d
Score
22
Yield
5.1%
Cash on Cash
0.5%
Cap Rate
4.7%
5Y IRR
16.0%
10Y IRR
14.9%
Property Type-Detached
MLS® Number-X13857002
Beds-2
Bathrooms-2
Size-1100-1500 sqft
Lot Size-17.313 × 27.512 ft
Listed on site-Oct 2, 2026
Style-Bungalow
Building Type-Detached
Age-New
Parking-4 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-Royal Lepage Proalliance Realty
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Stone, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Under Const.
Neighbourhood-Thurlow Ward
Title-Residential Freehold

No agent assigned

Welcome to 59 Cottonwood Drive. A beautiful two bedroom, two bathroom bungalow with attached two car garage currently under construction in the recently completed Heritage Park subdivision. From the oversized foyer through the spacious Kitchen, Dining and Living Room this bright bungalow on corner lot includes an abundance of windows and natural light.

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

Closing Costs

Mortgage Amount
$527,920
Land Transfer Taxes$9,673
Legal Fees (Est.)
$
Total cash required for closing$143,153

Total Monthly Obligation

$3,037/mo
Mortgage $2,662
Monthly Loss $2,336
Principal$700
Interest$1,961
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.9%26
Cash-on-Cash
-4.5%3
5-Year IRR
12.0%50
10-Year IRR
12.1%
Returns Index
26.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$33,444/yr
NOI
$25,600/yr
Net Cash Flow
-$529/mo
Cash Margin
-19.0%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.8014
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo53
Risk Index
28.5/ 100

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

Comparables

Properties near 59 Cottonwood Drive

Time

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Data last updated within the past 24 hours.