Property Information:

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 (id:27)

Building Features:

Style: Multiplex
Building Type: Multi-Family
Floor Space: 14757 sqft
Heating Type: Baseboard heaters
Cooling Type: None
Appliances: Dryer

Property Features:

Property Type: Multi-family
Features: Irregular lot size
Floor Space (approx): 14757 Square Feet
Irregular: Yes
Lot Depth: 137.5 Feet
Lot Frontage: 102.3 Feet
Lot Size: 102.36 x 137.51 FT
Zoning: R6
Sewer: Sanitary sewer

Courtesy of: Re/Max Quinte Ltd., PROPERTY.CA INC.

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Demographic Information of 58 ELGIN STREET, Belleville (Belleville Ward), Ontario, K8P 4B2

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$85,162.97

Average Number of Children

1.81

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

21.41 %

High school certificate or equivalent

37.8 %

Apprenticeship trade certificate/diploma

4.91 %

College/non-university certificate

24.99 %

University certificate (below bachelor)

0.08 %

University Degree

10.81 %

Commuter

Travel To Work

By Car

86.26 %

By Public Transit

4.2 %

By Walking

7.52 %

By Bicycle

0.34 %

By Other Methods

1.68 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

34.28 %

Houses

65.72 %

58 ELGIN STREET, Belleville (Belleville Ward), Ontario, K8P 4B2