201 Victoria Avenue Belleville, Ontario K8N 2B9
$1,690,000
Prime Investment Opportunity!! Solid Brick 11-Unit Apartment Building in a Highly Desirable Neighborhood. Discover a rare opportunity to own a meticulously maintained 11-unit solid brick apartment building located in one of the citys most sought-after neighborhoods. This timeless, all-brick construction offers investors a blend of classic durability and modern convenience, delivering long-term value and stable cash flow. Property Highlights: Unit Mix: 11 spacious units, consisting of a balanced mix of five 1 bedroom and six 2-bedroom apartments, designed for optimal tenant appeal. Construction: Solid brick exterior with concrete corridors in halls, classic architectural charm and low-maintenance appeal. Location: Situated in a vibrant, walkable neighborhood known for its strong rental demand, proximity to public transportation, top-rated schools, parks, shopping, and dining Condition: Well-maintained with recent updates including (new gas boiler, updated plumbing/electrical panels, remodeled units, energy-efficient windows) Amenities: On-site parking, secure entry, shared laundry facilities, and potential for added value through upgrades or rent increases Income: Strong, consistent rental history with high occupancy and room for upward rent adjustment. Whether you're a seasoned investor or looking to enter the multifamily market with a quality asset, this property offers the perfect combination of location, construction integrity, and growth potential. Don't miss this exceptional opportunity to invest in a turn-key property in a top-tier neighborhood. (id:54955)
Property Details
| MLS® Number | X12155788 |
| Property Type | Multi-family |
| Community Name | Belleville Ward |
| ParkingSpaceTotal | 11 |
Building
| BathroomTotal | 11 |
| BedroomsAboveGround | 17 |
| BedroomsTotal | 17 |
| Age | 31 To 50 Years |
| Amenities | Separate Electricity Meters |
| BasementDevelopment | Finished |
| BasementFeatures | Apartment In Basement |
| BasementType | N/a (finished) |
| CoolingType | Window Air Conditioner |
| ExteriorFinish | Brick |
| FoundationType | Concrete |
| HeatingType | Baseboard Heaters |
| StoriesTotal | 2 |
| SizeInterior | 5000 - 100000 Sqft |
| Type | Other |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 100 Ft |
| SizeFrontage | 100 Ft |
| SizeIrregular | 100 X 100 Ft |
| SizeTotalText | 100 X 100 Ft|under 1/2 Acre |
| ZoningDescription | R6 |
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Contact us for more information
Kelly Paddon
Salesperson
Bill Ritskes
Salesperson
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June 18 2025 04:21:40
Durham Region Association of REALTORS®
RE/MAX Quinte Ltd.