60 Elgin Street, Belleville, ON K8P 4B2, Belleville, ON, K8P 4B2
MLS: X12945504 | 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%.
Quick Facts
- Property Type: Investment
- Bedrooms: None
- Bathrooms: None
- Lot Size: 15,102 sq ft (1,403.0 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: 15,102 sq ft (1,403.0 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
58 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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40 Snowdon Avenue, Toronto C04, ON M4N 2A6, Toronto C04
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Investment$2,088,000
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Similar Homes ?Similar Homes — Search CriteriaSearch Radius5 kmPrice Range±5%Match Home TypeYesMatch BedroomsYes
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Property Comparables ?Active Comparables — Search CriteriaSearch Radius2 kmPrice Range±15%Match Home TypeYesMatch BedroomsYes
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60 Elgin Street, Belleville, ON K8P 4B2, Belleville, ON, K8P 4B2