58 Elgin Street, Belleville — For Sale in Belleville
0 bed · 0 bath · Investment for sale in Belleville.
58 Elgin Street, Belleville, ON K8P 4B2
About This Property
Now for sale at 58 Elgin Street in Belleville: a 0-bedroom, 0-bathroom investment listed at $2,087,500.
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
Property Specifications
| MLS® Number | X12945496 |
|---|---|
| Status | For Sale |
| List Price | $2,087,500 |
| Property Type | Commercial |
| Sub Type | Investment |
| Transaction Type | For Sale |
| Bedrooms | 0 |
| Bathrooms | 0 |
| Living Area | 14757 sq ft |
| Address | 58 Elgin Street, Belleville, ON K8P 4B2 |
| City | Belleville |
| Postal Code | K8P 4B2 |
Listing Contracted With: RE/MAX QUINTE LTD.
