$2,087,500
FOR SALE

Investment

Lot: 102.36 x 137.51 ft
2025 Taxes: $28,311.82

58 Elgin St
Belleville, ON K8P 4B2 | Belleville Ward | Hastings

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
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Listed By RE/MAX QUINTE LTD.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X12945496
Last Updated Apr 14, 2026
Property Summary
Property Type Investment

More like this:
Use Apts - 6 To 12 Units
PIN 404570088
Legal Description Pt Lt 22-23, 38 Pl 63 Sidney Pt 1, 21R1702, Pt 2, 21R2494; Belleville; County of Hastings
Possession Date Flexible
Taxes (2025) $28,311.82
Directions/Cross Streets West Moira
Neighbourhood Belleville Ward
Area Hastings
Price History

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Detailed Information
Freestanding Y
Lot 102.36 x 137.51 ft
Air Conditioning No
Chattels Y
Garage Type None
Heat Type Baseboard
Financial Statement Y
Sewers Sanitary
Survey Y

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