$339,900

For sale

395 Bleecker Avenue, Belleville (Belleville Ward) - Multi-family for Sale

395 Bleecker Avenue, Belleville (Belleville Ward), Ontario, K8N3V7

2 beds2 baths3 parking1,300 ft²32 × 137 ft (4,300 sq ft) lot sizeListed 22 days ago

Overview

This multi-family property in Belleville is for sale offering roughly 1,300 sq ft of space. It has been on the market 22 days, fresher than the Belleville average of 80 days.

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Description

Welcome to 395 Bleecker Avenue, a well-located up-and-down duplex offering two self-contained one-bedroom units. The main-level unit has been fully renovated from top to bottom and is currently vacant, providing an excellent opportunity for an owner-occupier or investor to set their own rent. The unit features a new heat pump complemented by baseboard heating for year-round comfort. The second-floor unit is currently tenanted, with vacant possession a possibility. Additional features include adequate on-site parking and separate metering for hydro and water. Ideally situated in a convenient Belleville location, this property offers excellent potential for investors seeking rental income or buyers looking to live in one unit while generating income from the other. A versatile opportunity to add to your portfolio or get started in real estate investing! (id:66096)

Property Details

MLS®: X14028950
Property Type: Multi-family
Zoning: R2
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 3
Interior Size: 1,300 ft²
Lot Size: 32 × 137 ft (4,300 sq ft)
Frontage: 32 ft
Storeys: 2
Basement: Crawl space
Heating: Heat Pump, Baseboard heaters, Electric
Cooling: Wall unit
Garage: No Garage
Property Tax: $2,598.8/yr
Listed: 22 days ago

Rooms

Main level

Kitchen: 4 x 2.99 meters
Laundry room: 1.92 x 1.13 meters
Bedroom: 3.81 x 3.81 meters
Bathroom: 2.44 x 1.94 meters

Second level

Bedroom: 3.87 x 2.77 meters
Kitchen: 3.11 x 3.26 meters
Living room: 2.82 x 5.08 meters
Bathroom: 1.52 x 2.1 meters

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

Features

Appliances: Water Heater
Foundation: Stone, Brick
Exterior: Vinyl siding

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

22d

Belleville (Belleville Ward) listings, avg age

80d

Price / ft²

$261

List price

$340K

Haho

This 2-bed multi-family in Belleville (Belleville Ward) has been listed for 22 days, which is 58 days fresher than the city average of 80. Act while there is still low competition.

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Listed by Royal LePage ProAlliance Realty · Matthew Cooke

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K8N)

This home lists at $339,900, about 4.3× the local median household income of $79,000.

Carrying it typically needs a household income of about $66,394 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $79,000
Population: 30,393
Median age: 48
Owner / renter: 70% / 30%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA K8N)

$339,900· $261/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $16,995

Min 5%50%

Mortgage payment$1,790/mo

↳ CMHC premium ($12,916 capitalized)

Property tax (est.)$217/mo

Total monthly$2,007

Cash Needed to Close

Down payment (5%)$16,995

Land transfer tax$3,574

Est. closing costs$3,520

Total cash needed$24,089

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