58 Elgin ST, Belleville, ON K8P 4B2
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58 Elgin ST, Belleville, ON K8P 4B2
58 Elgin ST, Belleville, ON K8P 4B2
58 Elgin ST, Belleville, ON K8P 4B2
58 Elgin ST, Belleville, ON K8P 4B2
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Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 2,087,500
Est. payment /mo
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58 Elgin ST Belleville, ON K8P 4B2

UPDATED:

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Subdivision Belleville Ward

MLS Listing ID X12945496

Annual Tax Amount $28,311

Tax Year 2025

Property Sub-Type Investment

Lot Depth 137.51

Lot Front 102.36

Property Description

58 & 60 Elgin Street at $2,087,500 each. Each building consists of 11 two bedroom and 1 one bedroom units, for a total of 24 units.As of Feb.01/26 there are 2 vacancies consisting of 1 two bedroom newly renovated and 1 one bedroom (58-01) which is currently used as a workshop/office.As of the Feb. 2026 rent roll the current monthly income is $25,030. (-potential income fully rented at current market rents would be an additional $2675. For a total of $27,705.).Primary expenses: - Property Taxes $28,311.82 Insurance $6624. Utilities (water & hydro) 2024 $24,255. Fire alarm monitoring 2025 $1224. Bell phone (fire alarm communication) 2025 $1080. Waste collection 2025 $2280. Grass & snow maintenance 2024 $3000. NOTES:Both buildings have newly installed fully functioning fire alarm systems with notifier communication to Belleville Fire Dept. currently monitored by Alarm Systems Belleville. Total cost of retrofit in 2023/2024 was approximately $100,000.Window replacement at 58 Egin is approx. 90%. All windows have been fully flashed in 2025 ($8000.)Window replacement at 60 Elgin is approx. 70%.This property to be sold with adjacent 12 Plex listing

Location

Province ON

County Hastings

Area Hastings

Interior

Cooling No

Exterior

Utilities Available Available

Lot Frontage 102.36

Lot Depth 137.51

Building

Building Age 31-50

Others

ParcelsYN No

Listed by RE/MAX QUINTE LTD.

NEARBY SCHOOLS & PROPERTIES

Jethro Seymour

Jethro Seymour

Broker

+1(416) 712-0767

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