For Sale - 60 Elgin Street, Belleville, Ontario

Est payment $10,024/mo
Views   1
Time on Jump  4 day
  • Two well-maintained buildings with a total of 24 rental units.
  • Currently generating a solid monthly income with potential for more.
  • Recent renovations include new windows and fire alarm systems.
  • Two vacancies offer opportunity for rental income expansion.
  • Located in a desirable area with easy access to local amenities.



58 & 60 elgin street at $2,087,500 each. Each building consists of 11 two bedroom and 1 one bedroom units, for a total of 24 units. As of feb. 01/26 there are 2 vacancies consisting of 1 two bedroom newly renovated and 1 one bedroom (58-01) which is currently used as a workshop/office. As of the feb. 2026 rent roll the current monthly income is $25,030. (-potential income fully rented at current market rents would be an additional $2675. For a total of $27,705.). Primary expenses: - property taxes $28,311. 82 insurance $6624. Utilities (water & hydro) 2024 $24,255. Fire alarm monitoring 2025 $1224. Bell phone (fire alarm communication) 2025 $1080. Waste collection 2025 $2280. Grass & snow maintenance 2024 $3000. Notes:both buildings have newly installed fully functioning fire alarm systems with notifier communication to belleville fire dept. Currently monitored by alarm systems belleville. Total cost of retrofit in 2023/2024 was approximately $100,000. Window replacement at 58 egin is approx. 90%. All windows have been fully flashed in 2025 ($8000.)window replacement at 60 elgin is approx. 70%.
Listing IDX12945504
Address60 Elgin Street
CityBelleville, Ontario
Price$2,087,500
StyleInvestment
Land Size15102
TypeIndustrial/Commercial
StatusFor Sale
Subtype InvestmentHeating / Cooling BaseboardSewer Sanitary
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Listing Agency:  RE/MAX QUINTE LTD.

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60 Elgin Street
Belleville , Ontario
$2,087,500
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