Size
-
Lot size
5662 sqft
Street frontage
-
Possession
Immediate
Price per sqft
$225 - $270
Taxes
$3,835.75 (2024)
Parking Type
-
Style
2-Storey
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Description
**Updated Income and Expenses Available** Net income of $63,221/year and a CAP rate of 9.4%! This triplex boasts a new crop of A+ tenants all paying market rent and their own utilities. Don't be that want-to-be-real-estate-investors who uses all 10 fingers and all 10 toes to find a reason NOT to invest. Put those digits (and your spreadsheets) to good use. Take a look at this nicely updated triplex in the heart of Belleville. The bright 1 bedroom upstairs unit is recently renovated. The two lower units have been bringing in great rental income. One was just refreshed with new paint and flooring throughout. Separate meters means all tenants pay their own water, sewer, heat and hydro utilities. A metal roof was added in 2017, as well as 2 new gas furnaces. More recent updates include windows, flooring, kitchens, bathroom updates, a new gas fireplace for the upstairs unit and new side decks for the lower units. Each unit has its own laundry. Even better this beautifully maintained property includes plenty of parking and is walking distance to shopping. Public transit stops here. If you've been looking for an easy, cash-flowing investment with a 9.4% CAP rate, you've found it.
Broker: ROYAL LEPAGE PROALLIANCE REALTY
MLS®#: X12168570
Property details
Parking:
5
Parking type:
-
Property type:
Triplex
Heating type:
Forced Air
Style:
2-Storey
MLS Size:
2500-3000 sqft
Lot front:
52 Ft
Lot depth:
108 Ft
Listed on:
May 23, 2025
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Rooms
Level | Name | Size | Features |
---|---|---|---|
Main | Kitchen | 11.2 x 13.5 ft | |
Main | Living Room | 11.8 x 15.3 ft | |
Main | Dining Room | 11.8 x 8.9 ft |
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Instant estimate:
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$4,999
lower than listed pricei
High
$711,982
Mid
$669,001
Low
$650,802
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