Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

201 Victoria Avenue, Belleville, ON K8N 2B9 (BLEECKER AVE./CHATHAM ST.)
$ 1690000 - MLS : X12857810

From Our Gallery

Description

Excellent investment opportunity in a desirable Belleville neighbourhood. This well-maintained 11-unit brick apartment building offers strong rental potential with recent tenant turnovers that has improved rents. A number of units have been recently renovated, enhancing both appeal and long-term value. The property features separately metered hydro, with tenants responsible for their own electricity, helping to control operating costs. Each tenant has their own hot water tank. Major capital improvements include a new boiler, upgraded vinyl windows, and a completed fire retrofit, providing peace of mind for investors. Additional amenities include coin-operated laundry for added income and convenience for tenants. Solid brick construction, concrete columns in hallways separating apartments, solid built building. The location is in a great Belleville neighbourhood and makes this a compelling addition to any investment portfolio.

Location Description

BLEECKER AVE./CHATHAM ST.

Property Detail

Community: Belleville Ward
Property Type: Tenant/Residential Freehold
Bedrooms: 17
Bath: 11
Garages: None
Annual Property Taxes : $ 23486

Lot dimensions: sqft
Baths:

Facts and Features

Foundation Type: Concrete
Counstruction Material : Brick
Total Parking Space : 11
Parking Type : None

Amenities

Heating : BaseboardOther
Sewer : Sewer ,

Listing Contracted With: RE/MAX QUINTE LTD.

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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