193 Victoria Avenue
Belleville Ward, Belleville, K8N 2B9
$1,299,000
Expired

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8 + 2
BEDROOMS6
BATHROOMS6
KITCHENS6
ROOMSX11918511
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Property Description
Reduced price on this prime investment opportunity to own a fully occupied, 6 unit income producing residential apartment building for sale, on 0.14 acres of land (6,275 SF). Solid brick building with newer roof shingles which were replaced in 2021 with 40+ year expected lifespan. Attractive location in a quiet but vibrant & walkable residential area not far from downtown Belleville & thus in high demand for residential apartments with strong, consistent rental occupancy. Secure entry & shared parking lot with 6 spots including one for each tenant. Updated (as of July 2025) financial information including revenue & expenses available upon request. Proposed agreements of purchase & sale may be submitted to listing brokerage at any time. Opportunity to increase value substantially as recent turnover has seen rental increases of over 74% as well as the potential to increase profitability further by reducing the operating or management expenses if possible. Whether you are a seasoned investor or wanting to enter the multifamily market with a high quality asset, this property provides an ideal combination of location, construction quality, and steady growth potential. Don't miss out on this exceptional opportunity to invest in a turn-key property in a high quality neighborhood & growing market!
Property Features
Carpet Free, Unreserved
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Property Details
Address
193 Victoria Avenue
Community
City
Postal Code
K8N 2B9
Property Type
Multiplex, Multiplex
Days On Market
231
Lot Size
51' x 156'
Taxes
$8,190 (2024
Basement
Apartment
Heat Type
Baseboard
Heat Source
Electric
Water
Municipal
Parking Spaces
4
Garage Type
None
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