$1,895,000
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58 Elgin Street, Belleville (belleville Ward), ON K8P4B2

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- Beds
0 Baths
14,757 Sq Ft

58 and 60 Elgin Street, offered together at $1, 895, 000 per building. Two adjacent 12-unit buildings with 24 suites in all: 22 two-bedroom and 2 one-bedroom. 23 suites are occupied. The one-bedroom at 58-01 is vacant and in use as the seller's workshop. Net operating income on rents in place is $201, 561 for the two buildings combined, a 5.3% cap rate at the combined price with substantial upside. Rents in place are below market. Tenants pay heat and hydro, and every suite is separately metered. Both buildings have new fire alarm systems, installed in 2023 and 2024 at a cost of about $100, 000, with notifier communication to the Belleville Fire Department. Windows are about 90% replaced at 58 Elgin and about 70% at 60 Elgin, and all were flashed in 2025. 24 surface parking spaces. One superintendent covers both buildings. This property is to be sold with the adjacent 12-plex listing. (id:58753)

Listing By: Sean Mckinney - Re/Max Quinte Ltd.
Source: CREA #X12945496 Listing provided courtesy of Canadian Real Estate Association
  • MLS® X12945496
  • Date Listed04/01/2026
  • Days on Realty 227 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size -
  • Sewer Other
  • Property Type Multi Family
  • Water Public
  • Square Feet 14,757 sq. ft
  • Price Per Sq. Ft $128.41

Interior Features

  • Appliances Dryer, Two Washers, Water Heater
  • Cooling None
  • Heating Baseboard heaters

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features Irregular lot size

Directions

Cross Streets: West Moira. ** Directions: West Moira to Elgin Street.

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for K8P4B2

Discover key demographics, population statistics, and environmental insights for the Belleville (belleville Ward), ON area.

Walkability in ON / K8P4B2

Source: Walk Score

68/100

Somewhat Walkable

Walk Score ®

0/100

Minimal Transit

Transit Score ®

48/100

Bikable

Bike Score ®

Overview

Some errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 21/100, Transit Score: 0/100, Bike Score: 37/100.

Points of Interest near 58 ELGIN STREET, Belleville (Belleville Ward), ON K8P4B2

Frequently Asked Questions for 58 ELGIN STREET

Source: Realty.com

58 ELGIN STREET, Belleville (Belleville Ward), ON K8P4B2 in Belleville (Belleville Ward), ON K8P4B2 is a multi family listed at $1,895,000. Highlights include 14,757 sq. ft., $128 per sq. ft.. Realty.ca has 32 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 32 photos of 58 ELGIN STREET.

The full address for this home is 58 ELGIN STREET, Belleville (Belleville Ward), ON K8P4B2.

58 ELGIN STREET has been listed on Realty.com since Wed April 01, 2026

Some errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 21/100, Transit Score: 0/100, Bike Score: 37/100.

This content last refreshed on 2026-11-14 19:58:46. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.