$529,900

For sale

17 Burton Street, Belleville (Belleville Ward) - Multi-family for Sale

17 Burton Street, Belleville (Belleville Ward), Ontario, K8P1E5

5 beds2 baths4 parking900 ft²45 × 105 ft (4,673 sq ft) lot sizeListed 57 days ago

Overview

This multi-family property in Belleville is for sale offering roughly 900 sq ft of space. It has been on the market 57 days, fresher than the Belleville average of 80 days.

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Description

CENTRAL BELLEVILLE BUNGALOW WITH LEGAL BASEMENT APARTMENT. Fantastic opportunity for multi-generational families, house hackers, or investors looking for strong cash flow. The main floor offers a functional 3 bedroom, 1 bathroom layout with its own laundry, while the lower level features a legal 2 bedroom, 1 bathroom apartment completed with building permit, separate side entrance, and separate laundry. Property is now fully vacant, giving you flexibility to move in, choose your own tenants, or set market rents. Conveniently located just minutes from downtown Belleville, Shoppers Drug Mart, Zwick's Park, Loyalist College, Albert College, and everyday amenities. Live in one unit and let the other help pay the mortgage, create space for older parents or adult children, or add a turnkey income property to your portfolio. (id:66096)

Property Details

MLS®: X13759586
Property Type: Multi-family
Zoning: R2
Bedrooms: 5
Beds (above / below): 3 above · 2 below
Bathrooms: 2
Parking: 4
Interior Size: 900 ft²
Lot Size: 45 × 105 ft (4,673 sq ft)
Frontage: 45 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Full, Apartment in basement, Separate entrance, Walk-up, N/A, N/A, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Fireplace: Yes

Rooms

Main level

Living room: 4.21 x 4.09 meters
Dining room: 4.21 x 1.74 meters
Kitchen: 3.15 x 3 meters
Primary Bedroom: 3.9 x 4.12 meters
Bedroom 2: 3.15 x 3.42 meters
Bedroom 3: 3.15 x 2.74 meters

Lower level

Kitchen: 315 x 4.17 meters
Living room: 7.41 x 6.71 meters
Primary Bedroom: 3.31 x 3.22 meters
Bedroom 2: 3.03 x 3.23 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Stove, Dryer
Foundation: Block
Exterior: Vinyl siding
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

57d

Belleville (Belleville Ward) listings, avg age

80d

Price / ft²

$589

List price

$530K

Haho

This 5-bed multi-family in Belleville (Belleville Ward) has been listed for 57 days, which is 23 days fresher than the city average of 80. Act while there is still low competition.

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Listed by eXp Realty · George Wang

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K8P)

This home lists at $529,900, about 8.2× the local median household income of $64,500.

Carrying it typically needs a household income of about $103,508 (20% down, 25-yr amortization, stress-tested) — roughly 60% 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)

$529,900· $589/ft²

For sale

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Full Cost Breakdown

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Down Payment5.28% · $27,990

Min 5.28%50%

Mortgage payment$2,783/mo

↳ CMHC premium ($20,076 capitalized)

Property tax (est.)$309/mo

Total monthly$3,092

Cash Needed to Close

Down payment (5.28%)$27,990

Land transfer tax$7,073

Est. closing costs$4,090

Total cash needed$39,153

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