28 Purdy Street, Belleville

$525,000
28 Purdy Street

$525,000

New
7d
Detached1 1/2 Storey

28 Purdy Street, Belleville

Total Monthly Obligation $2,790

Beds
3
Baths
2
Park
3
Sqft
1100-1500
DOM
7d
Score
23
Yield
6.0%
Cash on Cash
1.1%
Cap Rate
4.8%
5Y IRR
16.4%
10Y IRR
15.3%
Property Type-Detached
MLS® Number-X14087108
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-103 × 105.61 ft
Listed on site-Oct 16, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$3,573.35 (2026)
Parking-5 - Attached
Basement-Full, Separate Entrance, Partially Finished
Heating-Forced Air (Gas)
Brokerage-The Nook Realty Inc.
Cooling-Central Air
Laundry-No
Fireplace-Wood Stove
Pool-None
Facing-West
Exterior-Aluminum Siding
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Belleville Ward
Title-Residential Freehold

No agent assigned

Welcome home to 28 Purdy St, where modern touches are blended with charming character. Rare oversized double car attached garage conveniently accessible from front foyer- the perfect opportunity for car enthusiasts! Step inside to a spacious, open concept, desirable layout. This home has tons of beautiful large windows providing an abundance of natural light throughout. The main floor offers a large foyer equipped with main floor laundry/laundry sink, extra storage, front closet, access to double car garage. Modern updated kitchen (2025) featuring vinyl floors, stainless steel appliances, farm house style sink, tastefully designed backsplash, breakfast bar & combined with cozy dining area. Large living room with large stunning windows overlooking front yard, built in shelving, & additional storage. Head upstairs to 3 good sized bedrooms, updated 3 pc bath with soaker tub, floating vanity (2026); updated lighting & lovely fresh neutral tones. Whether you're looking for an additional functional space, potential rental income or multigenerational living the partially finished basement provides so many possibilities! Equipped with high ceilings, separate entrance, cozy wood burning fireplace (as is) updated 3 pc bath (2026), professionally insulated (2026), everything is ready for your finishing touches! Large fully fenced in backyard, covered large deck- the perfect spot to unwind with a glass of wine after a long day at work. Major upgrades include Roof (2020), Furnace (2020), AC (2021) Owned Tankless water heater (2024), Windows (2024), Exterior doors (2024), Interior doors (2026)... Nothing to do but move in & make amazing memories! Situated on a quiet family friendly street with walking distance to bus stops, Short drive to shopping, groceries, hospital, hwy 401- this home is ready for you to plant your roots.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$420,000
Land Transfer Taxes$6,975
Legal Fees (Est.)
$
Total cash required for closing$113,475

Total Monthly Obligation

$2,790/mo
Mortgage $2,118
Monthly Loss $2,233
Principal$557
Interest$1,560
Property Tax$298
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.8%25
Cash-on-Cash
-4.7%2
5-Year IRR
11.9%50
10-Year IRR
12.1%
Returns Index
25.8/ 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
$31,272/yr
NOI
$20,071/yr
Net Cash Flow
-$445/mo
Cash Margin
-17.1%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.7914
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo58
Risk Index
30.1/ 100

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

Comparables

Properties near 28 Purdy Street

Time

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