201 VICTORIA AVENUE
Belleville (Belleville Ward), Ontario K8N2B9

$1,729,000

ID# X12155788
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:62450)

CONTACT US FOR MORE INFO

OFFICE: (613) 966-6060

Courtesy of RE/MAX QUINTE LTD.
Listed on: May 16, 2025

On market: 14 days
Bathroom Total 11
Bedrooms Total 17
Cooling Type Window air conditioner
Heating Type Baseboard heaters
Stories Total 2
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DAVIES & CO.

REAL ESTATE TEAM

LICENSED REALTORS®


DIRECT: 613-707-4812

daviesandcompany@royallepage.ca

Royal LePage ProAlliance Realty, Brokerage - 357 Front Street, Belleville, ON K8N 2Z9 | OFFICE: 613.966.6060

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