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About This Property

58 & 60 Elgin Street at $1,945,000 each. Each building consists of 11 two bedroom and 1 one bedroom units, for a total of 24 units. There is 1 vacant unit consisting of one bedroom (58-01) which is currently used as a workshop/office.As of the August 1, 2026 rent roll the current projected monthly income for 58 and 60 is $27,857.90. Primary expenses: - Property Taxes $28,311.82 Insurance $8,323 water $12,050 hydro $10,348. 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:63604)

Key Facts

Type

Multi-family

Size

14,757 sqft

Lot

102.36 x 137.51 FT

Highlights

Dryer
Two Washers
Water Heater

Property Details 13 details

Living area

14,757 sq. ft.

Property

Multi-family · Attached

Property subtype

Multi-family

Structure type

Multi-Family

Attached status

Attached

Heating

Baseboard heaters

Fireplace

Lot dimensions

102.36 x 137.51 FT

Frontage

102.40 feet

Taxes

$28,311.82 (2,025)

Zoning

Water source

Municipal water

Sewer

Sanitary sewer

Interior features

DryerTwo WashersWater Heater

Lot and water

Irregular lot size

Mortgage & Affordability Estimate monthly costs

Down payment (%) Interest rate (annual %) Amortization (years) Property taxes (% of price) Condo/HOA fee (monthly)

Insurance/Other (monthly) Utilities (monthly)

Mortgage Tools Buyer/Seller Snapshot

Purchase price$1,945,000

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: K8P 4B2
Nearby: Cross Streets: West Moira. ** Directions: West Moira to Elgin Street.