46 Cottonwood Drive, Belleville

$499,900
46 Cottonwood Drive

$499,900

New
4d
Att/Row/Townhouse2-Storey

46 Cottonwood Drive, Belleville

Total Monthly Obligation $2,809

Beds
3
Baths
4
Park
2
Sqft
1500-2000
DOM
4d
Score
23
Yield
6.4%
Cash on Cash
1.3%
Cap Rate
4.9%
5Y IRR
16.6%
10Y IRR
15.5%
Property Type-Att/Row/Townhouse
MLS® Number-X14093236
Beds-3
Bathrooms-4
Size-1500-2000 sqft
Lot Size-20 × 104.99 ft
Listed on site-Oct 19, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Age-6-15
Taxes-$5,016.06 (2026)
Parking-3 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-Re/Max Quinte Ltd.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Thurlow Ward
Title-Residential Freehold

No agent assigned

Freshly updated and move-in ready, this 3-bedroom, 3.5-bath townhome offers three finished levels of living space in the 1,557 sq. ft. Sycamore plan. Situated in Heritage Park, conveniently located just 5 minutes from the 401 and an array of Belleville amenities, the main floor features an inviting foyer, updated powder room, clean kitchen with stainless steel appliances and a peninsula with bar seating, opening into the bright living and dining area. Brand-new wide-plank flooring runs throughout the main level, while the upper floor features new carpet, convenient laundry, two additional bedrooms, a full bathroom, and a spacious primary bedroom with a walk-in closet and private ensuite. The finished lower level add seven more usable living space with a rec room, another full bathroom, utility room and separate storage room. Outside, the property features low-maintenance landscaping in the front and a rear deck overlooking the fenced backyard. Built in 2017 and freshly updated throughout, this townhome offers impressive value and feels like it has barely been lived in. Quick closing available!

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

Mortgage Amount
$399,920
Land Transfer Taxes$6,473
Legal Fees (Est.)
$
Total cash required for closing$107,953

Total Monthly Obligation

$2,809/mo
Mortgage $2,016
Monthly Loss $2,279
Principal$531
Interest$1,486
Property Tax$418
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.8%25
Cash-on-Cash
-4.7%2
5-Year IRR
12.0%50
10-Year IRR
12.2%
Returns Index
26.0/ 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
$31,800/yr
NOI
$19,104/yr
Net Cash Flow
-$424/mo
Cash Margin
-16.0%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
29.9/ 100

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

Comparables

Properties near 46 Cottonwood 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.