$599,000
Belleville
207-209 Foster Avenue, Belleville (Belleville Ward), Ontario, K8N3R1
This multi-family property in Belleville is for sale offering roughly 2,750 sq ft of space.
Exceptional investment opportunity in the heart of Belleville! Purpose-built as a side-by-side duplex, this property features two spacious units, each offering 3 bedrooms, separate entrances, private driveways, and individual garages-an ideal setup for investors or buyers looking to live in one unit while generating rental income from the other. Tenants pay all utilities! Both units offer functional layouts with bright, generously sized principal rooms and comfortable living spaces designed for long-term appeal. The property's purpose-built design provides excellent privacy between units while maximizing rental potential and ease of management.Significant recent improvements add tremendous value and peace of mind. In 2023, both 207 and 209 Foster Avenue underwent a complete electrical rewiring including new approved wiring and updated electrical panels to accommodate arc-fault breakers. In 2025, the entire exterior was transformed with new aluminum siding and soffits completed, enhancing curb appeal while reducing future maintenance.Ideally located in a mature Belleville neighbourhood, this duplex is just minutes from downtown, shopping, restaurants, schools, parks, public transit, healthcare services, and Highway 401, making it highly attractive to both tenants and owner-occupants.Whether you're expanding your investment portfolio, seeking a reliable income property, or looking for the perfect mortgage helper, this rare purpose-built duplex offers exceptional versatility, quality updates, and outstanding long-term value in one of Belleville's most convenient locations. Both tenants have been in place since 2019 and currently pay $1,592.05 (207) & $1,648.90 (209). 24 hours notice required for all showings. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 125 days on market, against an average age of 80 days across the listings currently for sale in this city
This 6-bed multi-family in Belleville (Belleville Ward) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $599,000, about 7.6× the local median household income of $79,000.
Carrying it typically needs a household income of about $117,006 (20% down, 25-yr amortization, stress-tested) — roughly 48% above the area median.
Source: Statistics Canada, 2021 Census (FSA K8N)
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Loading rates, 30-yr amortization
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