For Sale: 221 Albert Street, Belleville, ON - REW
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$1,250,000
5 bd 5 ba 5000 - 99999 sf Multifamily

221 Albert StreetBelleville, ON, K8N 3N6

  • 5 Bed
  • 5 Bath
  • 5000 - 99999 Sqft
  • Multifamily

About this home

ATTENTION INVESTORS - 5-PLEX IN BELLEVILLE'S OLD EAST HILL WITH DETACHED GARAGE! An exceptional investment opportunity awaits on historic Albert Street in Belleville's highly sought-after Old East Hill neighbourhood. This meticulously cared-for, fully tenanted 5-plex offers the ideal combination of timeless character, functional living spaces, and the convenience of a multi-unit property in one of the city's most established communities. Steeped in history, this century home showcases the architectural charm and character of its era, thoughtfully complemented by modern conveniences. With ample parking and a large detached 3 car garage (built in 2024) offering the potential to add an additional unit above, or a stay at home office, subject to approvals, the property presents both immediate functionality and exciting future possibilities for investors. Located in the heart of Old East Hill, residents enjoy mature streetscapes, established neighbourhoods, local amenities, and convenient access to all that Belleville has to offer. The area's enduring appeal makes it a desirable location for tenants and a compelling choice for investors seeking a well-positioned multi-residential property. Roof reshingled in May 2021 and the main floor unit in 219 Albert has over $60 k in renovations done with high end finishes and a gas fireplace. owner has owned the building for 20 years. There is a detached garage as well and lots of paved parking. New paved driveways in 2024 and parking for 20 cars. Stable tenancy with many tenants living there for over 10 years. (id:63626)
Listed by: Tim Mckinney, Salesperson, Re/Max Quinte Ltd.

Home facts and features

Price details
List Price
Gross Taxes for 2025
$9,908
Home facts
Bedrooms
5
Full Bathrooms
5
Parking Spaces
23
Parking Details
Detached Garage, Garage
Property Type
Multifamily
Depth
132 feet
Frontage
144.0 feet
Exterior Finish
Brick
Heating Type
Baseboard heaters, Electric, Natural gas, Other
Basement Details
Unfinished, Full
Appliances
Dishwasher, Dryer, Refrigerator, Stove, Washer
Agent details
Primary Agent
Tim Mckinney
Primary Broker
Re/Max Quinte Ltd.
Secondary Agent
Alexandra Hainse
Secondary Broker
Re/Max Quinte Ltd.
Listing details
Days on REW
2 Days
MLS® Number
X13701732
Source
Canadian Real Estate Association
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Purchase Price
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Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Nicholson Catholic College
  • Catholic
  • 9 - 12
St Michael Catholic School
  • Catholic
  • JK - 8
Queen Elizabeth Public School
  • Public
  • JK - 8
Queen Victoria School
  • Public
  • JK - 6
St Joseph Catholic School
  • Catholic
  • JK - 8
Holy Rosary Catholic School
  • Catholic
  • JK - 8
Harry J Clarke Public School
  • Public
  • JK - 8
Prince of Wales Public School
  • Public
  • JK - 8
Prince Charles Public School
  • Public
  • JK - 8
Quinte School
  • Public
  • 9 - 12
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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