Legal 5-plex for sale. 170 College Street W, Belleville, On. $728,000


Property ID

2,958 SqFt







Legal 5-plex in a great central location in Belleville. Sitting on a main bus route, close to schools, parks, shopping & the 401. This well-maintained property comprised of a large two-bedroom & 4 1-bedroom apartments. Three of which have large, partially fenced private yard areas. Some great features & updates in the last few years, including 5 owned HWTs. Separately metered, all tenants pay for their hydro & water, two high-efficiency natural gas furnaces(2021). The landlord pays heat. Metal roof(2020) Paved parking for 6-7 vehicles, one with recycled asphalt(2017). Most windows & Exterior doors are newer. Four of the five apartments have been updated, including the upstairs apartment in 2023. Laminate & vinyl flooring, LED lighting & newer plumbing fixtures. Keyless entry on three apartments. New tub surrounds in 2 units. Fire-rated furnace room with sprinklers for fire compliance. Some newer appliances. Most are long-term tenants. Managed by a local PM company. Turn key property with a 6.0% cap rate.


NOTE: 5 Glendale & basement (utility area) available for viewings prior to receiving an accepted offer. A great income property  Electric baseboards not use. Current rent amounts still have real growth potential.



5 Fridges, 5 Stoves, 5 Hot water tanks, Smoke Detectors & CO detectors, 2 built-in AC units, most blinds and window coverings.


All Tenants Belongings and some items in basement

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Address: 170 College Street W, Belleville, Ontario
  • Country: Canada
  • Province / State: Ontario
  • Postal code / ZIP: K8P2G8
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  • Property ID X8314448
  • Price $728,000
  • Property status
  • Bedrooms 6
  • Bathrooms 5
  • Size 2,958 SqFt
  • Land area 10,730 SqFt