117 Bridge St W
Belleville, K8P 1J4
FOR SALE
$475,000
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Property Description
Centrally located, this West End DUPLEX offers convenience and accessibility, with all amenities nearby and easy access to the city bus route. Ideal for investors seeking an affordable entry point into the market, this fully tenanted DUPLEX provides an immediate return on investment. The lower unit is 1105 sq ft and has a 2-bedroom, 1-bathroom layout with bright living and dining areas. The upper unit is 1087sq ft featuring 1-bedroom, 1-bathroom and ample storage. Each unit comes equipped with essential appliances; and includes 2 fridges, 2 stoves, a washer & dryer in the upper unit and a dishwasher in the lower. Parking is available for both units, ensuring tenant satisfaction and convenience. The lower unit enjoys a large back deck and backyard, perfect for outdoor relaxation and entertainment. The upper unit features a sprawling front porch, offering a charming outdoor space to enjoy. Don't miss out on this opportunity to own a well-maintained DUPLEX in a desirable location.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-11-10 | 2024-01-09 | 61 | $475,000 | - | Expired |
| 2023-09-08 | 2023-11-12 | 65 | $499,900 | - | Terminated |
| 2008-10-14 | 2009-01-21 | 99 | $249,900 | - | Expired |
| 2013-01-11 | 2013-03-25 | 73 | $249,900 | $239,000 | Sold |
Extras
Roof (2011), Electrical (2013), Boiler (2008), Main sewage line (2015)
Property Features
Hospital, Park, Place Of Worship, Public Transit, Rec Centre, School
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Property Details
Street
City
Property Type
Duplex, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
51' x 93'
Acreage
< .50
Fronting
South
Taxes
$3,566 (2023)
Basement
Unfinished
Exterior
Brick
Heat Type
Water
Heat Source
Other
Air Conditioning
None
Water
Municipal
Parking Spaces
5
Driveway
Mutual
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Br | Main | 14.44' x 12.40' | |
| 2nd Br | Main | 9.06' x 8.76' | |
| Dining | Main | 11.45' x 19.42' | |
| Living | Main | 12.57' x 14.96' | |
| Kitchen | Main | 12.50' x 12.57' | |
| Br | 2nd | 11.09' x 12.34' | |
| Dining | 2nd | 10.76' x 12.47' | |
| Living | 2nd | 13.88' x 12.47' | |
| Kitchen | 2nd | 10.76' x 12.34' | |
| Other | 2nd | 12.34' x 8.10' |
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Belleville Market Statistics
Belleville Price Trend
117 Bridge St W is a 3-bedroom 2-bathroom home listed for sale at $475,000, which is $105,000 (18.1%) lower than the average sold price of $580,000 in the last 30 days (April 2 - May 1). During the last 30 days the average sold price for a 3 bedroom home in Belleville increased by $61,000 (11.8%) compared to the previous 30 day period (March 3 - April 1) and down $95,050 (14.1%) from the same time one year ago.Inventory Change
There were 67 3-bedroom homes listed in Belleville over the last 30 days (April 2 - May 1), which is up 63.4% compared with the previous 30 day period (March 3 - April 1) and up 204.5% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Belleville typically sold ($4,000) (0.7%) below asking price over the last 30 days (April 2 - May 1), which represents a $5,450 increase compared to the previous 30 day period (March 3 - April 1) and ($9,900) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Belleville over the last 30 days (April 2 - May 1) stood at 64.2%, down from 73.2% over the previous 30 days (March 3 - April 1) and down from 90.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Belleville stood at 13 days when successfully sold over the last 30 days (April 2 - May 1), compared to 106 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Quinte Ltd.
Similar Listings
$2852.50 monthly income & reasonable overheadmake this a great investment. Brick duplex on the bus route and walking distance to downtown, fully rented. Unit A is a recently renovated 2 bedroom unit with sunporch renting for $2152.50 per month plus gas heating costs. Unit B is a bachelor unit with new flooring in the bed/sitting room and a long term tenant renting for $700 H&H included. Reasonable utility costs. $148 per month equal billing for hydro. $110 avg for water/sewer. Gas is paid by main floor tenant. The small lot is easily maintained and the tenants do snow removal and grass cutting. Taxes $234/mo. The tenants would like to stay. Laundry on site.
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