Rare turnkey investment opportunity in Bellevilles desirable east end! This solid bungalow features a 3-bedroom, 1-bathroom main floor plus a fully self-contained legal 2-bedroom, 1-bathroom basement apartment with a private entrance, newly constructed with permits in 2024. Currently fully tenanted and professionally managed, the property generates an impressive $4,250 per month in rental income, making it an immediate cash-flowing asset with no disruption to operations. Ideal for investors seeking a low-maintenance property, both units are modern, well-designed, and in demand by quality tenants. Located in one of Canada's fastest growing cities, Belleville continues to attract new residents and investment, strategically situated on the 401 corridor between Toronto, Ottawa, and Montreal. The property is less than 10 minutes from Belleville General Hospital, the VIA Rail station, parks, schools, shopping, and major amenities, ensuring strong tenant demand and long-term appreciation. With stable rental income, a legal second suite, and management already in place, 167 Stanley Street is a rare chance to secure a hassle-free, high-performing investment property in a growing market. (id:47421)
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Detailed Information
Bedrooms
3+2
Bathrooms
2
Lot
72 x 55 ft
Amenities Nearby
Schools, Place of Worship, Park, Public Transit
Community Features
Community Centre, School Bus
Equipment
Water Heater
Features
Carpet Free, In-Law Suite
Listing Contract Date
2025-09-11
Location Description
Stanley St / Dussek St
# of Parking Spaces
5
Property Type
Multi-family
Rental Equipment
Water Heater
Structures
Shed
Transaction Type
For sale
Zoning Description
Residential Type 2 (R2)
Building
Age
51 to 99 years
Appliances
Water Heater, Water meter, Dishwasher, Dryer, Stove, Washer, Refrigerator
Architectural Style
Bungalow
Basement Features
Apartment in basement, Separate entrance
Basement Type
N/A, N/A
Cooling Type
Central air conditioning
Exterior Finish
Vinyl siding
Foundation Type
Concrete
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
1
Type
Duplex
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
Living room
Lower level
5.81 m x 3.2 m
Kitchen
Lower level
3 m x 3.5 m
Bedroom
Lower level
2.95 m x 3.25 m
Bedroom 2
Lower level
3.2 m x 2.57 m
Living room
Main level
4.93 m x 3.5 m
Kitchen
Main level
3.25 m x 3.5 m
Bedroom
Main level
3 m x 3.5 m
Bedroom 2
Main level
2.69 m x 3.5 m
Bedroom 3
Main level
3.07 m x 3.5 m
Parking Spaces
Name
Spaces
Detached Garage
Garage
Utilities
Type
Description
Electricity
Installed
Sewer
Installed
Land
Total Size
72 x 55 FT | under 1/2 acre
Amenities
Schools, Place of Worship, Park, Public Transit
Sewer
Sanitary sewer
Size of Irregular Land
72 x 55 FT
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