57 Cottonwood Drive, Belleville

$678,900
57 Cottonwood Drive

$678,900

New
17d
DetachedBungalow

57 Cottonwood Drive, Belleville

Total Monthly Obligation $3,113

Beds
3
Baths
3
Park
2
Sqft
1100-1500
DOM
17d
Score
22
Yield
4.9%
Cash on Cash
-0.1%
Cap Rate
4.6%
5Y IRR
15.5%
10Y IRR
14.6%
Property Type-Detached
MLS® Number-X13868742
Beds-3
Bathrooms-3
Size-1100-1500 sqft
Lot Size-49 × 104 ft
Listed on site-Oct 6, 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-Yes
Pool-None
Facing-East
Exterior-Stone, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-Thurlow Ward
Title-Residential Freehold

No agent assigned

Welcome to 57 Cottonwood Drive. A beautiful three bedroom, three bathroom bungalow, with attached two car garage. This fabulous home has everything you are looking for. The spacious layout boasts 9 ft. ceilings and includes a cozy natural gas fireplace. The well appointed kitchen features a corner pantry and quality quartz countertops. Just off the Dining Area you will find the lovely covered deck. The primary suite includes a walk-in closet and 4 piece bathroom, while the main floor is complete with a convenient laundry closet, two additional bedrooms with shared ensuite, powder room and inside entry to attached two car garage.

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

Closing Costs

Mortgage Amount
$543,120
Land Transfer Taxes$10,053
Legal Fees (Est.)
$
Total cash required for closing$147,333

Total Monthly Obligation

$3,113/mo
Mortgage $2,738
Monthly Loss $2,393
Principal$721
Interest$2,018
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.8%25
Cash-on-Cash
-4.9%2
5-Year IRR
11.6%47
10-Year IRR
11.8%
Returns Index
24.8/ 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
$33,516/yr
NOI
$25,664/yr
Net Cash Flow
-$600/mo
Cash Margin
-21.5%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7813
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo51
Risk Index
27.7/ 100

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

Comparables

Properties near 57 Cottonwood Drive

Time

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