Welcome to this remarkable 3-Storey triplex located in the coveted neighborhood of Belleville Ward. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $649,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Investors take note. Attractive, purpose-built TRIPLEX in the heart of Belleville. This 3 level, all-brick building has a dedicated, secure entrance leading to each of the 3 units. Each unit is laid out with similar floor plans & each offers 2 bedrooms, 4-piece bathrooms, spacious living rms with corner gas fireplaces, eat-in kitchens, appliances & storage. Unit A is the main/lower lvl unit & tenants pay $935/mth PLUS: hydro & water/sewer. Tenant has been there for approx. 8-9yrs. The unit has 2 bdrms, 1 with ensuite privileges to the main bath. Patio area off kitchen. Unit B is mid lvl unit (2nd floor) & tenants pay $820/month PLUS: hydro & water/sewer. Tenant has been there approx. 11-12yrs & this tenant cuts the grass for landlord & willing to continue at no-cost to the new landlord. The unit has 2 bdrms, 1 with walk-in closet & ensuite privileges to bathroom. 2nd bdrm has dbl closets. Patio doors off both living rm & dining area leading to a full length balcony. Unit C is the upper lvl unit (3rd floor) & tenants pay $1750/month plus: gas, hydro & water/sewer. Tenant is on a lease & has been there since Sept. 2025. The unit has 2 bdrms, 1 with ensuite privileges to the bathroom. 2 patio doors leading to a full length balcony. The unit has been renovated just prior to the current tenant moving in. Unit C & Unit B are identical in layout. Main lvl has a common laundry area with coin-operated machines & sink, bringing in an income of approx. $1500/yr. 4 hydro meters (1 per unit plus 1 common), 3 gas meters, 4 water meters (1 per unit & 1 common) & 4 Hot Water Tanks (1 per unit plus 1 common). Total gross rental income & laundry income is $43,560 annually. 24 hour notice for showings. Includes: 3 fridges, 3 stoves, 1 coin-op washer, 1 coin-op dryer & light fixtures. The seller has snow removal done at a cost of $300/season. Add this great property to your investment portfolio. Detailed income & expenses available.
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Golf, Hospital, Marina, Park, Public Transit, School
Primary Bedroom - Main Floor, Separate Heating Controls, Separate Hydro Meter, Water Heater
Carbon Monoxide Detectors, Smoke Detector
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This could be the first listing for this address.
Data-driven valuation for 60 Wallbridge Crescent, Belleville, ON K8P 1Z4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Belleville.
About Purchasing a Home in Belleville, ON
For a property listed at $649,900 in Belleville, the legal minimum down payment is $39,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $9,473 for this transaction. As this listing is in Belleville (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $9,473.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.