1 Alnet Drive, Belleville

$489,900
1 Alnet Drive

$489,900

New
15d
DetachedBungalow

1 Alnet Drive, Belleville

Total Monthly Obligation $2,674

Beds
3
Baths
2
Park
3
Sqft
700-1100
DOM
15d
Score
23
Yield
6.2%
Cash on Cash
1.5%
Cap Rate
4.9%
5Y IRR
16.8%
10Y IRR
15.6%
Property Type-Detached
MLS® Number-X13877814
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-53.78 × 88.59 ft
Listed on site-Oct 8, 2026
Style-Bungalow
Building Type-Detached
Age-31-50
Taxes-$3,877.9 (2026)
Parking-3 - None
Basement-Partially Finished, Full
Heating-Forced Air (Gas)
Brokerage-Royal LePage ProAlliance Realty
Cooling-Central Air
Laundry-No
Fireplace-Electric
Pool-None
Facing-East
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Please Inquire
Neighbourhood-Belleville Ward
Title-Residential Freehold

No agent assigned

West Park Village. Welcome to a family friendly neighbourhood within great proximity to parks, schools & open space. Situated in the centre of the city, provides convenient access to both up & downtown amenities, yet tucked away in this popular established community. 1 Alnet Drive is a home that checks all the boxes for comfortable family living. Positioned on a corner lot, offering a larger yard with an enhanced sense of space and privacy, with neighbours on just one side. Paved driveway leads to the covered front porch & inviting entry. The kitchen provides great counter space with durable oak cabinetry & eat-in option if desired. Step into the cozy sunken living room with tall ceilings & oversized window creating a grand vibe. Tastefully selected laminate flooring & shiplap accent wall completes this modern yet comfortable room. The laminate flooring continues down the hall with functional storage closets & three generously sized bedrooms. The primary offers an extra large closet & access to the updated full bath featuring quartz countertop vanity & timeless tile. The lower level is thoughtfully finished, providing a large recreation room with pot lighting, three windows & electric fireplace surrounded by posh custom built-ins. Three piece bath here with corner shower, spacious laundry room with bonus laundry tub & storage in the utility room + dedicated storage area with corner workshop bench. Secluded side entry leads you to the massive rear yard offering something for everyone. The fully fenced yard with double gate surrounds the pergola covered patio, mature perennial & raised veggie gardens, ample yard for children & pets at play & sizeable shed with hydro. With room to gather, play, relax & grow, this is a home well suited to family life in a neighbourhood you will be proud to call home. You're invited to view all that 1 Alnet Drive has to offer!

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$391,920
Land Transfer Taxes$6,273
Legal Fees (Est.)
$
Total cash required for closing$105,753

Total Monthly Obligation

$2,674/mo
Mortgage $1,976
Monthly Loss $2,154
Principal$520
Interest$1,456
Property Tax$323
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.9%26
Cash-on-Cash
-4.5%3
5-Year IRR
12.1%51
10-Year IRR
12.3%
Returns Index
26.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$30,360/yr
NOI
$18,946/yr
Net Cash Flow
-$397/mo
Cash Margin
-15.7%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.8014
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo61
Risk Index
31.2/ 100

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

Comparables

Properties near 1 Alnet Drive

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.