Tamer Mecky, Broker
Helping Home Buyers & Sellers in Belleville, Trenton & Prince Edward County Succeed
357 Front Street
Belleville, ON, K8N 2Z9
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- X12945504
- Bus Major:
- Apts - 6 To 12 Units
- Photos (32)
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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 $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%.
- Property Type:
- Commercial
- Property Sub Type:
- Investment
- Freestanding:
- Yes
- Approx. Age:
- 31-50
- Total Area:
- 15102 sq. ft. Square Feet
- Total Area:
- 15,102 sq. ft.
- Lot Depth:
- 150'4½"
- Lot Frontage:
- 102'4"
- Lot Shape:
- Irregular
- Water supply:
- Municipal
- Zoning:
- R6
- Heating type:
- Baseboard
- Garage:
- None
- Possession Details:
- Flexible
- HST Applicable To Sale Price:
- Not Subject to HST
- Assessment:
- $763,000
- Assessment Year:
- 2025
- Type Taxes:
- Annual
- Taxes:
- $27,109 / 2025
- Assessment:
- $763,000.00 / 2025
- Hastings
- Belleville
- Belleville Ward
- 10 Fridges, 12 Stoves, 2 Washers, 2 Dryers, Hot Water Tank (4)
- Utilities:
- Available
- Sewers:
- Sanitary
- Air Conditioning:
- No
- Seller Property Info Statement:
- No
- Expenses Actual/Estimated:
- Estimated
- Insurance Expenses:
- $3,312
- Tax Expenses:
- $27,109
- Year Expenses:
- 2025
- Major Business Type:
- Apts - 6 To 12 Units
- Category:
- Apartment
- Franchise:
- No
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Listed by RE/MAX QUINTE LTD.
Data was last updated April 1, 2026 at 08:15 PM (UTC)
- TAMER MECKY
- ROYAL LEPAGE PROALLIANCE REALTY
- 1 (613) 706 1957
- Contact by Email