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RLP Maximum
7694 Islington Ave, 2nd Floor Suite 220
Vaughan, ON L4L 1W3
Tel: (905) 856-7514

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58 Elgin Street, Belleville, ON K8P 4B2

Property For Sale | X12945496Sale

Listing ID: X12945496
$2,087,500
Listing ID #X12945496
Property Description

58 & 60 Elgin Street at $2, 087, 500 each. Each building consists of 11 two bedroom and 1 one bedroom units, for a total of 24 units.As of Feb.01/26 there are 2 vacancies consisting of 1 two bedroom newly renovated and 1 one bedroom (58-01) which is currently used as a workshop/office.As of the Feb. 2026 rent roll the current monthly income is $25, 030. (-potential income fully rented at current market rents would be an additional $2675. For a total of $27, 705.).Primary expenses: – Property Taxes $28, 311.82 Insurance $6624. Utilities (water & hydro) 2024 $24, 255. Fire alarm monitoring 2025 $1224. Bell phone (fire alarm communication) 2025 $1080. Waste collection 2025 $2280. Grass & snow maintenance 2024 $3000. NOTES:Both buildings have newly installed fully functioning fire alarm systems with notifier communication to Belleville Fire Dept. currently monitored by Alarm Systems Belleville. Total cost of retrofit in 2023/2024 was approximately $100, 000.Window replacement at 58 Egin is approx. 90%. All windows have been fully flashed in 2025 ($8000.)Window replacement at 60 Elgin is approx. 70%.This property to be sold with adjacent 12 Plex listing

Basic Details
Listing ID : X12945496
Listing Type : Sale
Price : $2,087,500
Status : Active
Property Sub Type : Investment
Map
Address Map
58
Elgin
US
ON
Hastings
Belleville
K8P 4B2
Street
West Moira to Elgin Street
R6
Property Area
Belleville Ward
Features
: No
: Sanitary
: Available
Additional Information
14757
Apts - 6 To 12 Units
Financial
28311.82
Listing Information
PROPERTY.CA INC.
New
2026-04-15T01:06:52Z
TRREB

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