About this property

With Rents On The Rise, Buy-And-Hold Rental Investment Is A Shining Star In Today's Real Estate Market. Once In A Great While, We Find An Income Property Like This One. Owned By The Same Family For Over 40 Years This 6-7 Unit Property Is A Solid Moneymaker. Currently, There Are 4-1 Bedroom Units & 2 Bachelors. The 7th Is Currently The Owner's Office And Could Be Rented As A Studio/Room At $800/Month. All Units Have Separate/Private Entrances (No Hallways or shared entrances). With A Potential Gross Income Of $96,000 The Property Nets Approximately $72,000 Before Financing With A Cap Of Almost 9%. The Property Is In Excellent Condition, With All Wiring and plumbing updated. 2 Units Are Newly Refreshed, and 1 has just been renovated. Mostly at market rents and with increases possible on turnovers. Great tenants who are all working folks or retirees. Very clean, well-kept property, creating worry-free cash flow.

Features & finishes

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Air Conditioning

Basement

Property details

MLS® Number	X8369506
Status	Sold
Listing Type	For Sale
Property Type	Single Family Home
Interior Size	2,000 sq ft
Beds / Baths	7 bed · 7 bath
City	Belleville
Postal Code	K8N 2S9
Province	ON
Listed Date	March 3, 2026
Brokerage	ROYAL LEPAGE PROALLIANCE REALTY