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$1,945,000
Available - For Sale
Listing ID: X12945496
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. There is 1 vacant unit consisting of one bedroom (58-01) which is currently used as a workshop/office.As of the August 1, 2026 rent roll the current monthly income for 58 and 60 is $27,857.90. 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
Price $1,945,000
Taxes: $28,311.82
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Tenant
Address: 58 Elgin Street , Belleville, K8P 4B2, Hastings
Postal Code: K8P 4B2
Province/State: Hastings
Legal Description: Pt Lt 22-23, 38 Pl 63 Sidney Pt 1, 21R17
Directions/Cross Streets: West Moira
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Washroom 11 0
Washroom 12 0
Washroom 13 0
Washroom 14 0
Washroom 15 0
Washroom 16 0
Washroom 17 0
Washroom 18 0
Washroom 19 0
Washroom 20 0
Washroom 21 0
Washroom 22 0
Washroom 23 0
Washroom 24 0
Washroom 25 0
Washroom 26 0
Washroom 27 0
Washroom 28 0
Washroom 29 0
Washroom 30 0
Category: Apartment
Use: Apts - 6 To 12 Units
Building Percentage: T
Total Area: 14,757
Total Area Code:  Square Feet
Approximatly Age: 31-50
Financial Statement: T
Chattels: T
Franchise: F
Maintenance: 0
Expenses Actual/Estimated: $Est
Heat Type: Baseboard
Central Air Conditioning: No
Sewers: Sanitary
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Asking Price: $ Heating: $ /Year  
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Taxes:   $ /Year Other Debt: $ /Year  
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Re/Max Quinte Ltd.

58 Elgin Street , Belleville, K8P 4B2, Hastings

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Maria Tompson
Sales Representative
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416-548-7854
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416-548-7854
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416-981-7184

 
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At a Glance:
Type: Com - Investment
Area: Hastings
Municipality: Belleville
Neighbourhood: Belleville Ward
Style:
Lot Size: x 137.51(Feet)
Approximate Age: 31-50
Tax: $28,311.82
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
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Personal Pic Maria Tompson Sales Representative Re/Max Example Inc, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Re/Max Example Inc, Brokerage
Independently owned and operated.
support@bestforagents.com

 

 

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