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$ 400,000
Est. payment | /mo
6 Beds
3 Baths
0.28 Acres Lot
$ 400,000
Est. payment | /mo
6 Beds
3 Baths
0.28 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active Under Contract
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision Belleville Ward
MLS Listing ID X13746952
Style Bungalow
Bedrooms 6
Annual Tax Amount $3,573
Tax Year 2026
Lot Size 0.280 Acres
Property Sub-Type Triplex
Property Description
An exceptional investment opportunity, this fully occupied triplex features three distinct two-bedroom, one-bathroom suites. The two front ground-floor units benefit from exclusive basement access for extra storage, and each apartment is individually metered for complete utility independence, with tenants paying their own gas, hydro, and water. Every unit includes its own dedicated heating and hot water system, highlighted by a new gas furnace installed in Unit B in 2022 and well-maintained windows throughout. Situated on a surprisingly expansive lot with a large backyard, the property currently operates under grandfathered residential use but carries a flexible C3 commercial zoning - offering incredible long-term potential for future business conversion or strategic redevelopment. The monthly rents are as follows; in addition they pay their own heat, hydro, water etc. Unit: 465A - $784.50, Unit: 465B - $830.00, Unit: 466C - $758.50. There are no leases in place. They are all long-term, reliable tenants.
Location
Province ON
County Hastings
Area Hastings
Rooms
Family Room No
Basement Full, Unfinished
Kitchen 3
Interior
Interior Features Primary Bedroom - Main Floor, Water Heater Owned
Cooling None
Fireplace No
Heat Source Gas
Exterior
Parking Features Private
Pool None
Roof Type Shingles
Lot Frontage 55.7
Lot Depth 268.38
Total Parking Spaces 6
Building
Foundation Concrete Block
Others
ParcelsYN No
Listed by Exit Realty Group
Schools and Properties Nearby