Description
Rare turnkey investment opportunity in Bellevilles desirable east end! This solid bungalow features a 3-bedroom, 1-bathroom main floor plus a fully self-contained legal 2-bedroom, 1-bathroom basement apartment with a private entrance, newly constructed with permits in 2024. Currently fully tenanted and professionally managed, the property generates an impressive $4,250 per month in rental income, making it an immediate cash-flowing asset with no disruption to operations. Ideal for investors seeking a low-maintenance property, both units are modern, well-designed, and in demand by quality tenants. Located in one of Canada's fastest growing cities, Belleville continues to attract new residents and investment, strategically situated on the 401 corridor between Toronto, Ottawa, and Montreal. The property is less than 10 minutes from Belleville General Hospital, the VIA Rail station, parks, schools, shopping, and major amenities, ensuring strong tenant demand and long-term appreciation. With stable rental income, a legal second suite, and management already in place, 167 Stanley Street is a rare chance to secure a hassle-free, high-performing investment property in a growing market.
Overview
Property ID:
X12396699
Type:
Duplex
Bedrooms:
5
Bathrooms:
2
Square:
900 m²
Price:
$599,000
PropertyType:
Residential Freehold
TransactionType:
For Sale
BuildingAreaUnits:
Square Feet
Cooling:
Central Air
Heating:
Forced Air
ParkingFeatures:
Detached
YearBuilt:
51-99
TaxAnnualAmount:
3380.64
PossessionDetails:
Flexible
Map
-
AddressBelleville
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