59 Ottawa Street E, Havelock-Belmont-Methuen

$399,900
59 Ottawa Street E

$399,900

New
2d
Detached1 1/2 Storey

59 Ottawa Street E, Havelock-Belmont-Methuen

Total Monthly Obligation $2,130

Beds
2
Baths
1
Park
4
Sqft
1100-1500
DOM
2d
Score
28
Yield
6.9%
Cash on Cash
6.1%
Cap Rate
5.9%
5Y IRR
20.5%
10Y IRR
18.6%
Property Type-Detached
MLS® Number-X14100898
Beds-2
Bathrooms-1
Size-1100-1500 sqft
Lot Size-60 × 165 ft
Listed on site-Oct 21, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$1,707 (2025)
Parking-6 - Detached
Basement-Full
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK EASTERN REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Vinyl Siding
Roof-Metal
Foundation-Concrete, Stone
Sewer-Sewer
Possession-Immediate/Flexible
Neighbourhood-Havelock
Title-Residential Freehold

No agent assigned

| HAVELOCK | Your first home, your own front porch, and a place to make your own memories. Originally built at the turn of the century, this charming village home pairs a traditional cottage-style exterior with Victorian-inspired veranda trim and the benefit of extensive renovations completed in 2010. Picture a favourite chair on the covered porch, a morning coffee before work and the feeling of coming home to a place that's yours. Inside, two bedrooms, one bathroom and convenient main-floor laundry offer a comfortable, manageable start to homeownership. Maple kitchen cabinetry adds warmth, while the renovations included drywall, trim, windows, a metal roof, siding, decking and poured concrete walkways, with craftsmanship and attention to detail throughout. For those whose wish list includes space to tinker, build or pursue a favourite hobby, the impressive 22' x 34' insulated and heated workshop opens up a world of possibilities. From setting up your first home to hosting friends or tackling your next project, there's room here to put down roots and make it your own. Enjoy the convenience of in-town living, with the elementary school, township arena, park and splash pad close by, plus opportunities to explore the trails at Mathison Conservation Area. All approximately 30 minutes east of Peterborough.

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

Closing Costs

Mortgage Amount
$319,920
Land Transfer Taxes$4,474
Legal Fees (Est.)
$
Total cash required for closing$85,954

Total Monthly Obligation

$2,130/mo
Mortgage $1,613
Monthly Loss $1,706
Principal$424
Interest$1,189
Property Tax$142
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.7%34
Cash-on-Cash
-0.8%6
5-Year IRR
15.0%71
10-Year IRR
14.6%
Returns Index
37.8/ 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
$27,600/yr
NOI
$18,633/yr
Net Cash Flow
-$60/mo
Cash Margin
-2.6%3
Cash Flow Index
2.9/ 100
Risk Profile
Weight: 20%
DSCR
0.9624
LTV Ratio
80.0%18
Vacancy Buffer
4.5 mo76
Risk Index
39.5/ 100

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

Comparables

Properties near 59 Ottawa Street E

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