Homula Realty Brokerage
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76 Covington Crescent, Belleville, ON K8N 0L1

2 beds · 2 baths · 1 kitchen · 7 rooms · 2 parking spaces · 1100-1500 sq ft · Att/Row/Townhouse
$525,000
Property tax
$4,979 / year

Opportunity awaits in the desirable Settlers Ridge community just north of the 401, minutes from the Quinte Mall and Quinte Wellness Centre. This bungalow townhome offers low-maintenance main-floor living with 9-foot ceilings and an open-concept design. The bright kitchen features quartz countertops, an extended eating bar, under-cabinet lighting, crown moulding, and a 4' corner pantry, opening into a spacious living/dining area with pot lights and direct walkout to a 12' x 12' rear deck. The primary bedroom includes a walk-in closet and ensuite with a shower and corner seat, complemented by a second bedroom, main bath, and dedicated main-floor laundry. Complete with an attached garage featuring inside entry, central air, high-efficiency gas heating, and a full unfinished basement with a rough-in for a future bathroom, this home represents a versatile investment or turnkey option.

MLS number
X13768902
Type
Att/Row/Townhouse
Status
Active
Bedrooms
2
Bathrooms
2
Postal code
K8N 0L1
Photos
31
1days · this listing
1days · this property

This property has not been relisted in the last two years, so both counts are the same. Where they differ, the second adds up earlier listings at this address that ended without a sale.

Listing history

No previous listings found for this address.

Where this home is

Where this address sits, matched against open government data.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Georges Vanier Catholic School
Algonquin and Lakeshore CDSB
Elementary2.2 km6.4 / 10
64% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 2,937 people.

$115,000Median household income
87.5%Own their home
76.5%Detached houses
39.6Median age
14.4%Born outside Canada
27.2%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35120272 — the few blocks around this address, home to 2,937 people. It describes the area, not this property.

2,937Population
39.8Average age
2.8Household size
$129,200Average household income
$115,000Median household income
88%Own their home
13%Rent
2%Condominiums
14%Born outside Canada
27%University degree
$588,000Average home value
4%Low income
63%Not in the labour force
21%Never married
Under $5,0001%
$25,000 to $29,9991%
$30,000 to $34,9991%
$35,000 to $39,9991%
$40,000 to $44,9991%
$45,000 to $49,9991%
$50,000 to $59,9994%
$60,000 to $69,9994%
$70,000 to $79,9994%
$80,000 to $89,9994%
$90,000 to $99,9995%
$100,000 and over37%
$100,000 to $124,9999%
$125,000 to $149,9997%
$150,000 to $199,99912%
$200,000 and over9%

Percentages are of the 1,700 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$105,000 · minimum here is $27,500
$2,324.59per month
Borrowed before insurance$420,000
Total borrowed$420,000
Interest over 25 years at 4.5%$277,376

If you rented it out

Monthly rent starts from the median of recent 2-bedroom leases in Thurlow Ward. Change it to anything you like.

-$89.50per month out of pocket
Rent$2,650.00
Everything it costs to hold$2,739.50
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by Exp Realty. Listing data provided by the Toronto Regional Real Estate Board.