$524,900

For sale

11 Isabel Street, Belleville (Belleville Ward) - Single Family for Sale

11 Isabel Street, Belleville (Belleville Ward), Ontario, K8P3N4

5 beds3 baths4 parking2,250 ft²51 × 94 ft (4,777 sq ft) lot sizeListed 181 days ago

Overview

This 5-bedroom, 3-bathroom home in Belleville is for sale offering roughly 2,250 sq ft of space. Its $524,900 asking price sits right in line with the $524,900 median in Belleville.

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Description

Live for Free or Scale Your Portfolio: Versatile Triplex at 11 Isabel St. Whether you are looking for a high-yield addition to your real estate portfolio or a savvy way to enter the market by living in one unit while others pay your mortgage, 11 Isabel St is the answer. This turnkey triplex in Belleville is currently generating $4,550/month, offering a rare combination of location, flexibility, and immediate cash flow. The Opportunity: Investor vs. Owner-Occupier. For the Investor: producing cash flow. With all three units fully tenanted, this is a streamlined, low-maintenance asset. For the Homebuyer: Move into one of the units and let the other two cover your entire mortgage - and then some. Enjoy "free" living in a prime downtown location while building massive equity. The second-floor unit features 2 bedrooms plus an office, full kitchen, 4-piece bath, laundry, and spacious living area. The main floor unit includes 1 bedroom + den, full kitchen, dining room, 4-piece bath, laundry/mudroom, and a beautiful private patio with great views. The basement unit offers 2 bedrooms, full kitchen, 4-piece bath, laundry, and cozy living space. (id:66096)

Property Details

MLS®: X13106740
Property Type: Single Family
Zoning: R4
Bedrooms: 5
Beds (above / below): 3 above · 2 below
Bathrooms: 3
Parking: 4
Interior Size: 2,250 ft²
Lot Size: 51 × 94 ft (4,777 sq ft)
Frontage: 51 ft
Storeys: 2
Basement: Apartment in basement, Separate entrance, N/A, N/A
Heating: Forced air, Other
Cooling: Window air conditioner
Garage: No Garage
Ownership: Freehold
Property Tax: $3,844/yr

Rooms

Ground level

Den: 3.8 x 2.37 meters
Kitchen: 3.8 x 3.55 meters
Bathroom: 2.74 x 1.64 meters
Mud room: 3.27 x 2.1 meters
Living room: 5.46 x 4.2 meters
Dining room: 5.47 x 4.36 meters
Bedroom: 3.37 x 3.29 meters

Second level

Bathroom: 3.26 x 3.01 meters
Primary Bedroom: 5.78 x 4.36 meters
Bedroom 2: 4.58 x 4.38 meters

Features

Foundation: Unknown
Exterior: Concrete, Brick
Lot Features: In-Law Suite

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

181d

Belleville (Belleville Ward) listings, avg age

80d

Price / ft²

$233

List price

$525K

Haho

This 5-bed single family in Belleville (Belleville Ward) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by Exit Realty Group · Kristin Georgiou

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K8P)

This home lists at $524,900, about 8.1× the local median household income of $64,500.

Carrying it typically needs a household income of about $102,531 (20% down, 25-yr amortization, stress-tested) — roughly 59% above the area median.

Median household income: $64,500
Population: 23,166
Median age: 44.4
Owner / renter: 52% / 48%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA K8P)

$524,900· $233/ft²

For sale

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Full Cost Breakdown

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Down Payment5.24% · $27,490

Min 5.24%50%

Mortgage payment$2,758/mo

↳ CMHC premium ($19,896 capitalized)

Property tax (est.)$320/mo

Total monthly$3,078

Cash Needed to Close

Down payment (5.24%)$27,490

Land transfer tax$6,973

Est. closing costs$4,075

Total cash needed$38,538

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