32 Meyers Street, Belleville

$369,900
32 Meyers Street

$369,900

New
15d
DetachedBungalow

32 Meyers Street, Belleville

Total Monthly Obligation $2,104

HausQ Valuation Report
Beds
3
Baths
2
Park
2
Sqft
700-1100
DOM
15d
Score
37
Yield
8.2%
Cash on Cash
10.4%
Cap Rate
6.8%
5Y IRR
24.0%
10Y IRR
21.6%
Property Type-Detached
MLS® Number-X13876232
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-35 × 69 ft
Listed on site-Oct 8, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$2,842 (2025)
Parking-2 - Attached
Basement-Partially Finished, Separate Entrance
Heating-Radiant (Gas)
Brokerage-Direct Realty Ltd.
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Belleville Ward
Title-Residential Freehold

No agent assigned

Affordable Brick Bungalow with In-Law Suite Potential! Looking for an affordable home with room to make it your own? This three-bedroom brick bungalow offers immediate occupancy and plenty of potential for first-time buyers, downsizers, or those looking for flexible living space. The main level features two bedrooms, a three-piece bathroom, an eat-in kitchen, and a comfortable living room. Downstairs, the basement offers additional versatility, with a third bedroom, kitchenette, recreation room, laundry room, and utility room. With its' existing layout, the lower level offers potential for an in-law suite or additional family living space, subject to any required approvals. An attached single-car garage adds everyday convenience, while the shingles were replaced approximately two years ago. Whether you're looking to get into the market, accommodate extended family, or find a home with possibilities for the future, this brick bungalow is worth a closer look. Vacant and ready for immediate occupancy - book your showing today!

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

Closing Costs

Mortgage Amount
$295,920
Land Transfer Taxes$4,024
Legal Fees (Est.)
$
Total cash required for closing$79,504

Total Monthly Obligation

$2,104/mo
Mortgage $1,492
Monthly Loss $1,711
Principal$393
Interest$1,099
Property Tax$237
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
5.4%43
Cash-on-Cash
2.7%14
5-Year IRR
18.0%86
10-Year IRR
17.1%
Returns Index
48.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
37/ 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
$30,480/yr
NOI
$20,090/yr
Net Cash Flow
$182/mo
Cash Margin
7.2%17
Cash Flow Index
17.3/ 100
Risk Profile
Weight: 20%
DSCR
1.1237
LTV Ratio
80.0%18
Vacancy Buffer
4.5 mo77
Risk Index
44.1/ 100

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

Comparables

Properties near 32 Meyers Street

Time

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