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201 Victoria Avenue Image 1

$1,690,000

$1,729,000
2.3% dropped

Last price change 13 hours ago

May 17Multiplex For Sale
bedrooms17bed
washrooms4bath
MLS - #X12155788

201 Victoria Avenue, Belleville, ON K8N 2B9

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Similar Homes Found
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Average Price
169000000.0%
Higher than average

Price Comparison

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Property Description

Property type

Multiplex

Lot size

< .50 acres

Style

2-Storey

Approx. Area

N/A

About 201 Victoria Avenue

Prime Investment Opportunity!! Solid Brick 11-Unit Apartment Building in a Highly Desirable Neighborhood. Discover a rare opportunity to own a meticulously maintained 11-unit solid brick apartment building located in one of the citys most sought-after neighborhoods. This timeless, all-brick construction offers investors a blend of classic durability and modern convenience, delivering long-term value and stable cash flow. Property Highlights: Unit Mix: 11 spacious units, consisting of a balanced mix of five 1 bedroom and six 2-bedroom apartments, designed for optimal tenant appeal. Construction: Solid brick exterior with concrete corridors in halls, classic architectural charm and low-maintenance appeal. Location: Situated in a vibrant, walkable neighborhood known for its strong rental demand, proximity to public transportation, top-rated schools, parks, shopping, and dining Condition: Well-maintained with recent updates including (new gas boiler, updated plumbing/electrical panels, remodeled units, energy-efficient windows) Amenities: On-site parking, secure entry, shared laundry facilities, and potential for added value through upgrades or rent increases Income: Strong, consistent rental history with high occupancy and room for upward rent adjustment. Whether you're a seasoned investor or looking to enter the multifamily market with a quality asset, this property offers the perfect combination of location, construction integrity, and growth potential. Don't miss this exceptional opportunity to invest in a turn-key property in a top-tier neighborhood.

Home Overview

Last updated

13 hours ago

Virtual tour

None

Basement information

Finished, Apartment

Building size

--

Status

In-Active

Property sub type

Multiplex

Maintenance fee

$N/A

Year built

2024

Listed by RE/MAX QUINTE LTD.

Additional Details

Basement:Finished, Apartment
Cooling:Window Unit(s)
Heating:Baseboard
Parking Features:Reserved/Assigned

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

Location

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Walk Score for 201 Victoria Avenue

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