8 REYNOLDS CRESCENT, Belleville (Belleville Ward), Ontario, K8P2W7

Property Description

Opportunity packed 2-storey home with two legal units in a desirable Belleville neighbourhood offering exceptional flexibility for investors and multigenerational living. The massive main above-ground unit features an impressive 5 bedrooms, multiple living areas, and generous living space rarely found in similar properties. One half of the basement is accessed through a separate walkout entrance to a fully legal 1 bed 1 bath accessory dwelling unit complete with separate hydro, separate HVAC, private entrance, and its own laundry. The remaining half of the basement connects to the main house and includes additional space and another full bathroom, creating potential for a 6th bedroom for the main unit or future conversion to a legal third unit. Outside, a huge detached two-car garage with a second-floor loft offers incredible storage for vehicles, tools, and recreational toys, with future potential for conversion to a granny suite or additional unit. With zoning now permitting up to four units by right, this property presents outstanding upside for investors seeking strong cash flow today with significant value-add development potential tomorrow. (id:64974)

Quick Facts

• Property Type: Duplex
• Bedrooms: 6 (5 above, 1 below)
• Bathrooms: 4 (1 half)
• Attached: Yes
• Parking: 6.0 spaces (Detached Garage, Garage)
• Frontage: 46 ft (14.1 m)

Costs

• Annual Taxes: $5,293.12

Listing Provided by: EXP REALTY
Board: Central Lakes Association of REALTORS®
Data provided via CREA DDF®.