270 Colonial Road

Belleville, ONDetached
$529,900
MLS® X13644612
Detached5 beds2 baths5 total
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About This Property

**Motivated Sellers!** This raised bungalow has two separate units and is fully tenanted with great tenants, making it a turnkey investment opportunity. The main level features a spacious 3-bedroom, 1 four-piece bathroom unit currently generating $2,200/month. While the bright and updated lower-level unit offers 2 bedrooms, 1 bathroom, and brings in $1,900/month. Both rents are all-inclusive of utilities. Each unit enjoys the convenience of its own private entrance and separate laundry, providing privacy and functionality for tenants. The lower unit has been thoughtfully updated and offers a spacious, bright layout. Outside, the property features a generous yard with plenty of outdoor space to enjoy.Whether you're looking to expand your investment portfolio or own a property with strong, reliable rental income, this fully occupied property offers immediate cash flow and exceptional value. (id:63604)

Key Facts

Type
Detached
Beds
5
Baths
2
Size
700 sqft
Lot
120.1 x 153.8 FT
Parking
5 total

Highlights

  • Washer
  • Dishwasher
  • Dryer
  • Two stoves
  • Two Refrigerators
Property Details 17 details
Bedrooms
5 bedrooms
3 above grade + 2 below grade
Bathrooms
2 bathrooms
Parking
5 parking spaces
Attached Garage · Garage
Living area
700 - 1,100 sq. ft.
Property
Single Family · Raised bungalow · Freehold · Detached
Property subtype
Single Family
Structure type
House
Architectural style
Raised bungalow
Ownership
Freehold
Attached status
Detached
Storeys
1
Basement
Finished, Full, Apartment in basement, Separate entrance, Walk-up
Heating
Baseboard heaters, Electric
Fireplace
No
Lot dimensions
120.1 x 153.8 FT
Frontage
120.10 feet
Taxes
$3,661.74
Water source
Municipal water
Sewer
Septic System

Interior features

WasherDishwasherDryerTwo stovesTwo Refrigerators

Exterior features

BrickBlock

Lot and water

Flat siteCarpet FreeIn-Law Suite
Rooms 13 rooms
Level
Room
Dimensions
Main level
Living room
4.59 m x 3.99 m
Lower level
Kitchen
4.31 m x 3.68 m
Lower level
Bedroom
4.17 m x 3.79 m
Lower level
Bedroom 2
2.37 m x 3.79 m
Main level
Dining room
2.9 m x 3 m
Main level
Kitchen
4 m x 3.28 m
Main level
Bathroom
2.15 m x 3.28 m
Main level
Bedroom
3.72 m x 3.28 m
Main level
Bedroom 2
2.91 m x 3.31 m
Main level
Bedroom 3
2.81 m x 2.97 m
Lower level
Living room
4.7 m x 5.36 m
Lower level
Dining room
3.75 m x 2.2 m
Lower level
Bathroom
3.3 m x 1.95 m

Virtual Tour & Media

Mortgage & Affordability Estimate monthly costs
Purchase price$529,900
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
Belleville Ward
City
Belleville
Postal code
K8R 1B9
Nearby
Moira St W to Colonial Rd