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Royal LePage
Royal LePage
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$599,000

Belleville (Belleville Ward) ON, K8N 3Z9

MLS® # X12396699

Property Information:

Rare turnkey investment opportunity in Bellevilles desirable east end! This solid bungalow features a 3-bedroom, 1-bathroom main floor plus a fully self-contained legal 2-bedroom, 1-bathroom basement apartment with a private entrance, newly constructed with permits in 2024. Currently fully tenanted and professionally managed, the property generates an impressive $4,250 per month in rental income, making it an immediate cash-flowing asset with no disruption to operations. Ideal for investors seeking a low-maintenance property, both units are modern, well-designed, and in demand by quality tenants. Located in one of Canada's fastest growing cities, Belleville continues to attract new residents and investment, strategically situated on the 401 corridor between Toronto, Ottawa, and Montreal. The property is less than 10 minutes from Belleville General Hospital, the VIA Rail station, parks, schools, shopping, and major amenities, ensuring strong tenant demand and long-term appreciation. With stable rental income, a legal second suite, and management already in place, 167 Stanley Street is a rare chance to secure a hassle-free, high-performing investment property in a growing market. (id:27)

Building Features:

  • Style: Duplex
  • Building Type: Duplex
  • Architectural Style: Bungalow
  • Basement Type: N/A, N/A
  • Exterior Finish: Vinyl siding
  • Floor Space: 700 - 1100 sqft
  • Foundation Type: Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Water meter, Dishwasher, Dryer, Stove, Washer, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 3+2
  • Bathrooms: 2
  • Amenities Nearby: Schools, Park, Public Transit
  • Community Features: Community Centre, School Bus
  • Features: Carpet Free
  • Floor Space (approx): 700 - 1100 Square Feet
  • Irregular: Yes
  • Lot Depth: 55.0 Feet
  • Lot Frontage: 72.0 Feet
  • Lot Size: 72 x 55 FT
  • Structure Type: Shed
  • Utility Type: Sewer - Installed, Hydro - Installed
  • Zoning: Residential Type 2 (R2)
  • Sewer: Sanitary sewer
  • Parking Type: Detached garage, Garage
  • No. of Parking Spaces: 5

Rooms:

  • Living Lower Level 5.81 m x 3.20 m
  • Kitchen Lower Level 3.00 m x 3.50 m
  • Bedroom Lower Level 2.95 m x 3.25 m
  • 2nd Bedroom Lower Level 3.20 m x 2.57 m
  • Living Main Level 4.93 m x 3.50 m
  • Kitchen Main Level 3.25 m x 3.50 m
  • Bedroom Main Level 3.00 m x 3.50 m
  • 2nd Bedroom Main Level 2.69 m x 3.50 m
  • 3rd Bedroom Main Level 3.07 m x 3.50 m

Convert Measurement to:


Courtesy of: EXP REALTY

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 167 STANLEY STREET, Belleville (Belleville Ward), Ontario, K8N 3Z9

Demographic Information of 167 STANLEY STREET, Belleville (Belleville Ward), Ontario, K8N 3Z9

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$72,279.51

Average Number of Children

1.79

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

27.21 %

High school certificate or equivalent

45.36 %

Apprenticeship trade certificate/diploma

3.7 %

College/non-university certificate

18.27 %

University Degree

5.45 %

Commuter

Travel To Work

By Car

83.82 %

By Public Transit

5.32 %

By Walking

6.22 %

By Bicycle

1.86 %

By Other Methods

2.78 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

15.66 %

Houses

84.34 %

Own Vs. Rent

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