$599,000
Available - For Sale
Listing ID: X12253720
5-7 Boswell Stre , Belleville, K8P 3K7, Hastings
| This type of property presents an ideal opportunity for an owner-occupier to live on-site and offset a significant portion of their monthly mortgage with rents from the other apartments, or for a multi-generational family seeking accommodations. This unique setup offers affordable homeownership with the added convenience of living on-site, thereby eliminating the need and cost of a property management company. Situated just a short walk from downtown, steps from a major transit route, close to schools, shopping, and many essential amenities, making it highly desirable for tenants and investors alike. The property consists of three well-maintained two-bedroom residential units. Long-term tenants currently occupy two, while the third unit (5) is vacant and move-in ready, offering the new owner the ability to set the rent and choose their own tenants. All three units have been extensively updated, featuring major capital improvements that include full plumbing and electrical upgrades, including 3vnew panels. New windows & exterior doors. All 4-piece bathrooms have been remodeled and moved to the main floor. New soffits, fascia, and eaves were installed in 2018, along with new shingles. Vinyl flooring in the kitchens and bathrooms was also updated. All 3 natural gas furnaces & owned HWTs (one installed in April 2025) were replaced. 5 Boswell had the hardwood professionally refinished, a brand-new kitchen installed, and the interior painted. Some additional great features include: laundry hook-ups. Interconnected smoke and CO detectors. Open-concept main floor layouts with eat-in kitchens. A carpet-free building with approximately 80% being the original hardwood flooring. Private outdoor space for each unit, featuring a rear deck and a dedicated storage shed for each tenant. Large parking area & maintenance-free exterior. This property offers a 6.3% cap rate with significant growth potential. See for yourself, the vacant unit is very easy to show, 24 hrs for others. |
| Price | $599,000 |
| Taxes: | $2186.00 |
| Occupancy: | Tenant |
| Address: | 5-7 Boswell Stre , Belleville, K8P 3K7, Hastings |
| Acreage: | < .50 |
| Directions/Cross Streets: | Moira Street |
| Rooms: | 18 |
| Bedrooms: | 6 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | Crawl Space |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Kitchen | 12.37 | 11.28 | |
| Room 2 | Main | Kitchen | 12.37 | 11.28 | |
| Room 3 | Main | Kitchen | 12.04 | 10.3 | |
| Room 4 | Main | Dining Ro | 11.05 | 13.32 | Hardwood Floor |
| Room 5 | Main | Dining Ro | 11.12 | 12.76 | Hardwood Floor |
| Room 6 | Main | Dining Ro | 11.05 | 13.32 | Hardwood Floor |
| Room 7 | Main | Living Ro | 11.28 | 10.79 | Hardwood Floor |
| Room 8 | Main | Living Ro | 10.3 | 11.41 | Hardwood Floor |
| Room 9 | Main | Living Ro | 11.35 | 10.99 | Hardwood Floor |
| Room 10 | Upper | Primary B | 16.33 | 12 | Hardwood Floor |
| Room 11 | Upper | Primary B | 13.42 | 10.53 | Hardwood Floor |
| Room 12 | Upper | Primary B | 12.76 | 9.51 | Hardwood Floor |
| Room 13 | Upper | Bedroom 2 | 12.96 | 10.33 | Hardwood Floor |
| Room 14 | Upper | Bedroom 2 | 9.94 | 9.48 | Hardwood Floor |
| Room 15 | Upper | Bedroom 2 | 12.07 | 10.76 | Hardwood Floor |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Main |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 100+ |
| Property Type: | Att/Row/Townhouse |
| Style: | 1 1/2 Storey |
| Exterior: | Vinyl Siding, Stucco (Plaster) |
| Garage Type: | None |
| (Parking/)Drive: | Private |
| Drive Parking Spaces: | 6 |
| Park #1 | |
| Parking Type: | Private |
| Park #2 | |
| Parking Type: | Private |
| Pool: | None |
| Other Structures: | Shed |
| Approximatly Age: | 100+ |
| Approximatly Square Footage: | 3000-3500 |
| Property Features: | School Bus R, Place Of Worship |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | Y |
| Heat Type: | Forced Air |
| Central Air Conditioning: | None |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
| Utilities-Cable: | A |
| Utilities-Hydro: | Y |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX QUINTE LTD. |
|
|
Sumit Chopra
Broker
Dir:
647-964-2184
Bus:
905-230-3100
Fax:
905-230-8577
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Freehold - Att/Row/Townhouse |
| Area: | Hastings |
| Municipality: | Belleville |
| Neighbourhood: | Belleville Ward |
| Style: | 1 1/2 Storey |
| Approximate Age: | 100+ |
| Tax: | $2,186 |
| Beds: | 6 |
| Baths: | 3 |
| Fireplace: | Y |
| Pool: | None |
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