340 Cannifton Road N, Belleville

$635,900
340 Cannifton Road N

$635,900

New
2d
DetachedBungalow

340 Cannifton Road N, Belleville

Total Monthly Obligation $3,354

Beds
3
Baths
2
Park
4
Sqft
1100-1500
DOM
2d
Score
18
Yield
4.9%
Cash on Cash
-4.0%
Cap Rate
3.7%
5Y IRR
12.4%
10Y IRR
12.1%
Property Type-Detached
MLS® Number-X14102482
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-42.01 × 115.68 ft
Listed on site-Oct 21, 2026
Style-Bungalow
Building Type-Detached
Age-6-15
Taxes-$4,962.02 (2026)
Parking-5 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-Royal LePage ProAlliance Realty
Cooling-Central Air
Laundry-No
Fireplace-Electric
Pool-None
Facing-South
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Thurlow Ward
Title-Residential Freehold

No agent assigned

One-level living, beautiful outdoor spaces, and a home that just makes sense! Welcome to 340 Cannifton Road North, a beautifully maintained 3-bedroom, 2-bathroom bungalow in Belleville's desirable north end, where comfort, thoughtful design, and everyday convenience come together. Step inside to a bright, inviting open-concept living, dining, and kitchen area, perfect for relaxed everyday living or entertaining family and friends. Hardwood floors add warmth and character, while granite countertops and stainless-steel appliances make the kitchen as practical as it is welcoming. The primary bedroom offers a peaceful retreat with a walk-in closet and private ensuite featuring an updated walk-in shower. Two additional bedrooms provide flexibility for family, guests, or a home office. A dedicated laundry room with direct garage access adds everyday convenience. Downstairs, the unfinished basement offers plenty of storage and exciting possibilities for future living space, a home gym, or hobby area. But the appeal doesn't stop at the back door! With two beautiful covered decks, a hot tub, and a fully fenced backyard with no rear neighbours, outdoor living takes centre stage. From quiet morning coffees to evenings entertaining friends, this is a space you'll want to enjoy throughout the seasons. Conveniently located close to shopping, restaurants, schools, parks, and Highway 401, you'll love having everything within easy reach. Beautifully cared for, thoughtfully laid out, and offering room to enjoy life today with possibilities for tomorrow. 340 Cannifton Road North is ready to welcome you home!

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

Closing Costs

Mortgage Amount
$508,720
Land Transfer Taxes$9,193
Legal Fees (Est.)
$
Total cash required for closing$137,873

Total Monthly Obligation

$3,354/mo
Mortgage $2,565
Monthly Loss $2,679
Principal$675
Interest$1,890
Property Tax$414
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-8.9%1
5-Year IRR
8.6%27
10-Year IRR
9.5%
Returns Index
14.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$31,128/yr
NOI
$18,553/yr
Net Cash Flow
-$1,019/mo
Cash Margin
-39.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo47
Risk Index
24.2/ 100

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

Comparables

Properties near 340 Cannifton Road N

Time

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Data last updated within the past 24 hours.