58 Elgin Street, Belleville, ON K8P 4B2

Belleville, ON K8P 4B2

$2,087,500 Est. $8,866/mo · 20% down, 25-yr, 4.09%

102 × 138 ftLot

InvestmentType

About this property

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%.This property to be sold with adjacent 12 Plex listing

Property Summary

Property TypeInvestment

Community NameBelleville Ward

Land Size102.36 x 137.51 ft

Age of Building31-50

Annual Property Taxes$28,311.00

Tax Year2025

Parking TypeNone Garage

Building details

Bathrooms / washrooms0

Property typeInvestment

Approximate age31-50

Lot & land

Lot dimensions102 × 138 ft

Lot frontage102 ft

Lot depth138 ft

Interior Features

Inclusions10 Fridges, 12 Stoves, 2 Washers, 2 Dryers, Hot Water Tank (4)

Building Features

StyleInvestment

Heating & Cooling

CoolingNo

Heating TypeBaseboard

Utilities

Utility SewerSanitary

Parking

Parking TypeNone Garage

Taxes & fees

Annual taxes$28,311 (2025)

Listing history

On market sinceApr 1, 2026

Location

Belleville, ON K8P 4B2

Listed by RE/MAX QUINTE LTD., Brokerage · Listing data sourced from TRREB®, refreshed nightly.

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The trademarks REALTOR®, REALTORS®, MLS®, Multiple Listing Service® and the associated logos are owned or controlled by The Canadian Real Estate Association (CREA). Used under licence. Information deemed reliable but not guaranteed. Tej Thakor is a Broker of Record at Royal LePage Terra Realty.