$499,999
Belleville
185 Foster Avenue, Belleville (Belleville Ward), Ontario, K8N3P8
This multi-family property in Belleville is for sale offering roughly 1,750 sq ft of space. It has been on the market 51 days, fresher than the Belleville average of 80 days.
Welcome to 185 Foster Avenue - a solid all brick home offering exceptional flexibility and strong rental income potential. The main floor features a spacious foyer, a bright living room with a built in fireplace and custom bookshelves, bedroom and a beautifully updated kitchen complete with granite countertops, tiled backsplash, modern cabinetry, and pendant lighting. A convenient laundry room and refreshed 4 piece bath complete this level. Upstairs, the well maintained 2 bedroom unit includes a recently updated kitchen, a 3 piece bath and laundry, and a private rear entrance. This unit provides immediate, stable rental income, with both upstairs and downstairs units, totally separate with its own separate kitchens, laundry rooms and private and separate entrances making this an ideal opportunity for investors or buyers looking to offset mortgage costs by living in one unit and renting the other. With the ability to easily convert the home back into a 5 bedroom single family residence, this property offers both versatility and long term value. Immediate possession available- a smart, income generating opportunity you won't want to miss, Book an easy showing today!! Location Highlights: Quiet, family-friendly neighbourhood with mature trees and a private backyard. Walking distance to East side Secondary School and adjacent park. Just a 10-minute walk to Belleville General Hospital and No Frills -increasing its rental potential, 15 min drive to quinte mall and wall mart. Convenient bus routes to nearby good rating Catholic schools, walking distance to nearby Belleville transit Hub and Glanmore National Historic site Belleville. Available for immediate closing and occupancy. Don't miss your opportunity to own this quiet neighborhood investment property at an excellent price! (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 51 days on market, against an average age of 80 days across the listings currently for sale in this city
This 3-bed multi-family in Belleville (Belleville Ward) has been listed for 51 days, which is 29 days fresher than the city average of 80. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $499,999, about 6.3× the local median household income of $79,000.
Carrying it typically needs a household income of about $97,667 (20% down, 25-yr amortization, stress-tested) — roughly 24% above the area median.
Source: Statistics Canada, 2021 Census (FSA K8N)
Pick a time that suits you. A verified local agent confirms within 24h.
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice




Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.