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    For Sale - 60 Elgin Street, Belleville, Ontario

    Est payment $10,024/mo
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    Views   1
    Time on Jump  93 day

    AI Summary *

    • 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.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    60 Elgin Street
    Belleville , Ontario
    $2,087,500
    Get more info