$299,000
5 Belding Street
Beds
6
Baths
2
Sqft
—
Year
2024
About this home
Welcome home to 5 Belding Street! This 2-year-old raised bungalow offers modern living with incredible versatility (foundation is older than 2 years). Featuring a rear split entry, this home boasts 3 bedrooms on the main level and 3 additional bedrooms on the lower level, along with 2 full bathrooms and 2 kitchensideal for multi-family living or potential income from a basement suite. The main level showcases a bright open-concept kitchen/living layout with vaulted ceilings, creating a warm and spacious feel, along with a functional split-bedroom design placing the primary bedroom and bath on one end and two additional bedrooms on the other. The lower level offers a similar layout, providing excellent flexibility for extended family or tenants. Heating is provided by two ductless mini splits with electric baseboard backup for year-round comfort. Included in the sale are fridge, stove, dishwasher, washer, dryer, and a 10x12 storage shed, helping reduce upfront costs. Septic system was newly installed two years ago at the time of construction. Home was newly constructed on the existing foundation from a previous build that was lost to fire; the foundation itself was not damaged. The existing well features a newer submersible pump. Call today to book your private viewing! (id:65958)
- Subtype
- Single Family
- Architectural style
- Raised bungalow, Split entry bungalow
- Lot size
- 1,451 square meters
- MLS#
- NB136083
- Area
- LOWER_NEWCASTLE
Cash on cash
21.61%
Cap rate
10.21%
GRM
7.6
Break-even rent
$2,167
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 15, 2026.