91 Bridge Street, Belleville, ON
Property Highlights
Welcome to this remarkable 2-Storey triplex located in the coveted neighborhood of Belleville Ward. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $674,000 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.
- 7 Bedrooms and 5 Bathrooms with 3 functional kitchens
- Generous living space spanning 2500-3000 sqft on a premium 52 x 108.9 ft lot
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available
- Notable attributes: Carpet Free, Separate Heating Controls, Separate Hydro Meter
- Efficient forced air heating via gas
Description
**Updated Income and Expenses Available** Net income of $63,221/year and a CAP rate of 9.4%! This triplex boasts a new crop of A+ tenants all paying market rent and their own utilities. Don't be that want-to-be-real-estate-investors who uses all 10 fingers and all 10 toes to find a reason NOT to invest. Put those digits (and your spreadsheets) to good use. Take a look at this nicely updated triplex in the heart of Belleville. The bright 1 bedroom upstairs unit is recently renovated. The two lower units have been bringing in great rental income. One was just refreshed with new paint and flooring throughout. Separate meters means all tenants pay their own water, sewer, heat and hydro utilities. A metal roof was added in 2017, as well as 2 new gas furnaces. More recent updates include windows, flooring, kitchens, bathroom updates, a new gas fireplace for the upstairs unit and new side decks for the lower units. Each unit has its own laundry. Even better this beautifully maintained property includes plenty of parking and is walking distance to shopping. Public transit stops here. If you've been looking for an easy, cash-flowing investment with a 9.4% CAP rate, you've found it.
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Property Summary
This triplex located at 91 Bridge Street, Belleville is currently for sale and has been available on SousaSells for 420 days. This property is listed at $674,000 with an estimated mortgage of $2,243* per month. It has 7 beds, 5 bathrooms, and is 2500-3000 square feet. 91 Bridge Street, Belleville is in the Belleville Ward neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Public Transit
Interior Features
Carpet Free, Separate Heating Controls, Separate Hydro Meter, Water Heater
Security Features
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 91 Bridge Street W, Belleville, ON K8P 1J4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Belleville, ON
For a property listed at $674,000 in Belleville, the legal minimum down payment is $42,400 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 $9,955 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 $9,955.
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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.