58 Elgin Street, Belleville, ON K8P 4B2, Belleville, ON, K8P 4B2
MLS: X12945496 | Investment
$2,087,500
Property 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
Quick Facts
- Property Type: Investment
- Bedrooms: None
- Bathrooms: None
- Lot Size: 14,757 sq ft (1,371.0 m²)
Costs
- Annual Taxes: $28,311.82 (2025)
Listing Provided by: RE/MAX QUINTE LTD.
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Cooling: No
- Utilities: Available
Exterior & Construction
- Sewer: Sanitary
Lot & Land
- Lot Size: 14,757 sq ft (1,371.0 m²)
- Zoning: R6
Community & Neighbourhood
- Neighbourhood: Belleville Ward
Listing Information
Listing History
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Nearby Homes ?Nearby Homes — Search CriteriaSearch Radius1 kmPrice Range±30%Match BedroomsNoMatch BathroomsNo
60 Elgin Street, Belleville, ON K8P 4B2, Belleville
Investment$2,087,500
$28,312/yr taxListing Courtesy of RE/MAX QUINTE LTD.
2330 Centre Street, Pelham, ON L0S 1M0, Pelham
Detached$2,087,400
$7,634/yr taxListing Courtesy of RE/MAX ESCARPMENT REALTY INC.
2330 CENTRE Street, Pelham
House$2,087,400
$7,634/yr taxListing Courtesy of RE/MAX Escarpment Realty Inc.
5 Jardin Hill Court, Toronto C15, ON M2H 3R8, Toronto C15
Detached$2,088,000
$9,768/yr taxListing Courtesy of SUPERSTARS REALTY LTD.
108 Coco Bay, Playa Del Coco Estates, Costa Rica, Costa Rica
Detached$2,088,000
$3,500/yr taxListing Courtesy of FOREST HILL REAL ESTATE INC.
16-22 LYMAN Street, St. Catharines, ON L2R 5H7, St. Catharines
Investment$2,088,000
$14,665/yr taxListing Courtesy of COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE
38 Tipp Drive, Richmond Hill, ON L4E 1J3, Richmond Hill
Detached$2,088,000
$7,610/yr taxListing Courtesy of CENTURY 21 KING`S QUAY REAL ESTATE INC.
499 Townline Road, Niagara-on-the-Lake, ON L2M 6W1, Niagara-on-the-Lake
Farm$2,088,000
$5,616/yr taxListing Courtesy of ROYAL LEPAGE NRC REALTY
2324 Hilltop Lane, Oakville, ON L6M 3M8, Oakville
Detached$2,088,000
$7,228/yr taxListing Courtesy of ROYAL LEPAGE SIGNATURE REALTY
831 Bland Line, Cavan Monaghan, ON L0A 1C0, Cavan Monaghan
Farm$2,087,000
$5,236/yr taxListing Courtesy of ROYAL LEPAGE PROALLIANCE REALTY
Similar Homes ?Similar Homes — Search CriteriaSearch Radius5 kmPrice Range±5%Match Home TypeYesMatch BedroomsYes
60 Elgin Street, Belleville, ON K8P 4B2, Belleville
Investment$2,087,500
$28,312/yr taxListing Courtesy of RE/MAX QUINTE LTD.
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Investment$2,095,000
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Property Comparables ?Active Comparables — Search CriteriaSearch Radius2 kmPrice Range±15%Match Home TypeYesMatch BedroomsYes
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58 Elgin Street, Belleville, ON K8P 4B2, Belleville, ON, K8P 4B2