68-70 South George
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$559,000

68-70 South George

Belleville (Belleville Ward), Ontario, K8N3G6

Active
7
Bedrooms
3
Bathrooms
7
Parking

About This Property

This 7-bedroom, 3-bathroom multi-family in Belleville (Belleville Ward) is available for your consideration. The home features heat pump, baseboard heaters, electric, electric heating, wall unit, a none basement.

MLS Remarks

CASHFLOW COW! Renovated and completely VACANT TRIPLEX offering a rare opportunity to choose your own tenants and set your own rents from day one, with strong projected income of over $5,500 per month with tenants paying for their own utilities! The well-designed unit mix includes a spacious a 3 bed 1 bath, and two 2 bed 1 bath units, featuring separately metered utilities, separate entrances for each unit, and separate private in-suite laundry, making it an ideal low-maintenance investment. Perfect for investors, multigenerational families accommodating three households, or savvy buyers looking to live in one unit while renting out the others to offset the mortgage. Located just minutes from Belleville's stunning waterfront, enjoy daily walks along the trails by Myers Pier, Yacht club, the boat launch, parks, and popular waterfront dining like The Boathouse and The Pier, all while watching boats sail by. Also conveniently close to downtown Belleville, Belleville General Hospital, and a short drive to Prince Edward County's world-class wineries and dining. Don's miss this premium, lifestyle-driven investment in a highly desirable location with exceptional income potential! (id:60351)

Overview

Property Typeresidential
Sub-Typemulti-family
StatusActive
MLS #X12807032

Interior

HeatingHeat Pump, Baseboard heaters, Electric, Electric
CoolingWall unit
AppliancesRefrigerator, Dishwasher, Stove, Range, Water Heater
BasementNone

Exterior

Exterior FeaturesVinyl siding

Parking

Total Spaces7

Fees & Taxes

Annual Taxes$3,207

Listing Information

MLS#: X12807032


Information is deemed reliable but not guaranteed. Data provided by the Canadian Real Estate Association (CREA) through the Data Distribution Facility (DDF). Listing data is updated regularly but may not reflect the most current information. All information should be independently verified.

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Mortgage Calculator

$
$111,800
5%20%50%
Estimated Monthly Payment
$2,486
/month
Mortgage
$447,200
Total Interest
$298,505

For illustration purposes only. Consult a mortgage professional for accurate rates.

Land Transfer Tax

$
Ontario LTT$7,655
Total Due on Closing$7,655

Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.

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