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$2,087,500
Ontario,Belleville (Belleville Ward)
For Sale Active
58 ELGIN STREET, Belleville (Belleville Ward), Ontario K8P4B2
  • 14,757 Sqft
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Basic Details
Description

58 & 60 Elgin Street at $2,087,500 each. Each building consists of 11 two bedroom and 1 one bedroom units, for a total of 24 units.As of Feb.01/26 there are 2 vacancies consisting of 1 two bedroom newly renovated and 1 one bedroom (58-01) which is currently used as a workshop/office.As of the Feb. 2026 rent roll the current monthly

income is $25,030. (-potential income fully rented at current market rents would be an additional $2675. For a total of $27,705.).Primary expenses: – Property Taxes $28,311.82 Insurance $6624. Utilities (water & hydro) 2024 $24,255. Fire alarm monitoring 2025 $1224. Bell phone (fire alarm communication) 2025 $1080. Waste collection 2025 $2280. Grass & snow maintenance 2024 $3000. NOTES:Both buildings have newly installed fully functioning fire alarm systems with notifier communication to Belleville Fire Dept. currently monitored by Alarm Systems Belleville. Total cost of retrofit in 2023/2024 was approximately $100,000.Window replacement at 58 Egin is approx. 90%. All windows have been fully flashed in 2025 ($8000.)Window replacement at 60 Elgin is approx. 70%.This property to be sold with adjacent 12 Plex listing (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: X12945496
  • Price: $2,087,500
  • Square Footage: 14,757 Sqft
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 52591
Features & Appliances
Features
  • Heating System: Baseboard heaters
  • Cooling System: None
  • Sewer: Sanitary sewer
Address Map
  • Location: CA, Ontario, Belleville (Belleville Ward), K8P4B2
  • Street: Elgin
  • Street Number: 58
  • Street Suffix: Street
  • Longitude: W78° 35' 47.1''
  • Latitude: N44° 10' 4.1''
Additional Information
  • Water Source:
  • Business Type: Residential
  • Lot Features:
  • Lot Size Dimensions: 102.36 x 137.51 FT
Financial
  • Tax Annual Amount: 28311.82
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Listing updated: 2026-04-22 18:52:17
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Listing Information
  • List Agent Key: 2104865
  • List Office Key: 52591
  • Modification Timestamp: 2026-04-15T02:10:26Z
  • Originating System Name: Central Lakes Association of REALTORS®
  • Status Change Timestamp: 2026-04-15T02:00:55Z
Powered by REALTOR.ca
Listing updated: 2026-04-22 18:52:17
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