Belleville, K8P 3H6
$399,900$000000
Listed by ROYAL LEPAGE PROALLIANCE REALTY.
This Belleville VACANT duplex presents a great opportunity. Located on a public transit line, close to all amenities and trails, it promises quality rental income with high demand. Whether you choose to live in one unit, rent the other, or lease both for maximum returns, you are set for success. Both units offer bright, spacious interiors, with some updated windows for added appeal. Recent upgrades, including a new 2023 gas furnace and 2021 wiring, ensure modern efficiency. Each unit features its own 100 amp panel and owned hot water tank. the lower unit boasts 2 bedrooms, 2 private parking spaces, and forced air gas heating, with a potential rent of $1,850 + Utilities. Meanwhile, the upper unit offers 2 bedrooms, exclusive parking off Coleman Street, electric baseboard heat, and a potential rent of $1,650 + Utilities. With separate meters and low taxes at $2,522.51 (2023), coupled with strong local demand, this property is a quality investment.
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.