$639,900
Belleville
60 Wallbridge Crescent, Belleville (Belleville Ward), Ontario, K8P1Z4
This multi-family property in Belleville is for sale offering roughly 2,250 sq ft of space.
Investors take note. Attractive, purpose-built TRIPLEX in the heart of Belleville. This 3 level, all-brick building has a dedicated, secure entrance leading to each of the 3 units. Each unit is laid out with similar floor plans & each offers 2 bedrooms, 4-piece bathrooms, spacious living rms with corner gas fireplaces, eat-in kitchens, appliances & storage. Unit A is the main/lower lvl unit & tenants pay $935/mth PLUS: hydro & water/sewer. Tenant has been there for approx. 8-9yrs. The unit has 2 bdrms, 1 with ensuite privileges to the main bath. Patio area off kitchen. Unit B is mid lvl unit (2nd floor) & tenants pay $820/month PLUS: hydro & water/sewer. Tenant has been there approx. 11-12yrs & this tenant cuts the grass for landlord & willing to continue at no-cost to the new landlord. The unit has 2 bdrms, 1 with walk-in closet & ensuite privileges to bathroom. 2nd bdrm has dbl closets. Patio doors off both living rm & dining area leading to a full length balcony. Unit C is the upper lvl unit (3rdfloor) & tenants pay $1750/month plus: gas, hydro & water/sewer. Tenant is on a lease & has been there since Sept. 2025. The unit has 2 bdrms,1 with ensuite privileges to the bathroom. 2 patio doors leading to a full length balcony. The unit has been renovated just prior to the current tenant moving in. Unit C & Unit B are identical in layout. Main lvl has a common laundry area with coin-operated machines & sink, bringing in an income of approx. $1500/yr. 4 hydro meters (1 per unit plus 1 common), 3 gas meters, 4 water meters (1 per unit & 1 common) & 4 Hot Water Tanks (1 per unit plus 1 common). Total gross rental income & laundry income is $43,560 annually. 24 hour notice for showings. Includes: 3fridges, 3 stoves, 1 coin-op washer, 1 coin-op dryer & light fixtures. The seller has snow removal done at a cost of $300/season. Add this great property to your investment portfolio. Detailed income & expenses available. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 91 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 $639,900, about 9.9× the local median household income of $64,500.
Carrying it typically needs a household income of about $124,995 (20% down, 25-yr amortization, stress-tested) — roughly 94% above the area median.
Source: Statistics Canada, 2021 Census (FSA K8P)
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