223 North Park Street 311C, Belleville

$315,000
223 North Park Street 311C

$315,000

New
15d
Condo Apartment1 Storey/Apt

223 North Park Street 311C, Belleville

Total Monthly Obligation $2,374

Beds
2
Baths
1
Park
1
Sqft
1000-1199
DOM
15d
Score
28
Yield
9.9%
Cash on Cash
6.4%
Cap Rate
6.0%
5Y IRR
20.7%
10Y IRR
18.8%
Property Type-Condo Apartment
MLS® Number-X13878964
Beds-2
Bathrooms-1
Size-1000-1199 sqft
Listed on site-Oct 8, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$2,903.35 (2026)
Maintenance-$661/mo
Locker-Ensuite+Common
Parking-1 - None
Basement-None
Heating-Baseboard (Electric)
Brokerage-Royal LePage ProAlliance Realty
Cooling-Other
Laundry-Yes
Fireplace-Wood
Pool-None
Exterior-Brick, Vinyl Siding
Possession-TBD
Neighbourhood-Belleville Ward
Title-Residential Condo & Other

No agent assigned

OPEN HOUSE Saturday 1 to 2:30pm...Welcome to this inviting 2-bedroom condo offering comfort, convenience, and great amenities! The updated kitchen, attractive wood-burning fireplace, and patio doors leading from the living room to a private balcony create a warm and welcoming space to call home. Enjoy the convenience of in-suite laundry, a separate storage locker, and a designated parking space conveniently located close to the building. All appliances are included for added value. Residents can also take advantage of the in-ground swimming pool and ample visitor parking. Ideally located close to parks, shopping, restaurants and schools. This condo is a great opportunity for first-time buyers, down-sizers or investors.

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

Closing Costs

Mortgage Amount
$252,000
Land Transfer Taxes$3,200
Legal Fees (Est.)
$
Total cash required for closing$67,700

Total Monthly Obligation

$2,374/mo
Mortgage $1,271
Monthly Loss $2,039
Principal$334
Interest$936
Property Tax$242
Condo Fees$661
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.7%34
Cash-on-Cash
-0.7%6
5-Year IRR
15.6%74
10-Year IRR
15.4%
Returns Index
39.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
28/ 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
$31,116/yr
NOI
$14,769/yr
Net Cash Flow
-$40/mo
Cash Margin
-1.5%4
Cash Flow Index
3.5/ 100
Risk Profile
Weight: 20%
DSCR
0.9724
LTV Ratio
80.0%18
Vacancy Buffer
4.0 mo69
Risk Index
37.2/ 100

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

Comparables

Properties near 223 North Park Street 311C

Time

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Data last updated within the past 24 hours.