23 Thorncliffe Drive, Belleville

$479,900
23 Thorncliffe Drive

$479,900

New
14d
DetachedSidesplit 4

23 Thorncliffe Drive, Belleville

Total Monthly Obligation $2,707

HausQ Valuation Report
Beds
3
Baths
2
Park
1
Sqft
1100-1500
DOM
14d
Score
20
Yield
5.7%
Cash on Cash
-1.7%
Cap Rate
4.2%
5Y IRR
14.2%
10Y IRR
13.5%
Property Type-Detached
MLS® Number-X13883112
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-38.78 × 98.16 ft
Listed on site-Oct 9, 2026
Style-Sidesplit 4
Building Type-Detached
Age-51-99
Taxes-$4,750.93 (2026)
Parking-4 - Attached
Basement-Development Potential, Partially Finished
Heating-Forced Air (Gas)
Brokerage-Royal LePage ProAlliance Realty
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-Above Ground
Facing-North
Exterior-Aluminum Siding, Brick
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Belleville Ward
Title-Residential Freehold

No agent assigned

Have you been looking for an affordable family home with plenty of space in a wonderful neighbourhood? Welcome to 23 Thorncliffe Drive! This 4-level split home features a bright living room with hardwood floors and an adjoining dining room. The kitchen opens into an additional eating area, perfect for those quick meals, and includes all appliances. Step down into the inviting bonus family room, which offers access to the rear deck, a powder room and convenient inside entry to the garage. Upstairs, you'll find a generously sized primary bedroom, two additional bedrooms all with hardwood flooring and a 4-piece bathroom. The lower level offers a recreation room, ideal for a playroom, home office, gym or hobby space. A spacious utility room with a laundry area, separate closet space and access to the crawl space completes this level. Outside, enjoy a fantastic pie-shaped lot offering exceptional privacy and a country-like feel, with plenty of room to enjoy the pool, outdoor play and relaxation. And let's not forget the welcoming front porch, a cherished spot to spend quality time with loved ones while enjoying the property's wonderful street presence. Welcome home!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$383,920
Land Transfer Taxes$6,073
Legal Fees (Est.)
$
Total cash required for closing$103,553

Total Monthly Obligation

$2,707/mo
Mortgage $1,936
Monthly Loss $2,197
Principal$509
Interest$1,426
Property Tax$396
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.7%1
5-Year IRR
9.7%33
10-Year IRR
10.4%
Returns Index
17.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$27,300/yr
NOI
$15,319/yr
Net Cash Flow
-$659/mo
Cash Margin
-29.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.669
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo61
Risk Index
29.2/ 100

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

Comparables

Properties near 23 Thorncliffe 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.