60 Elgin Street
Belleville, ON
15,102 sqft • Investment • 148 days on market
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. 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
Listing Details
- Taxes (2025)
- $28,312
- Originally Listed
- $2,087,500
- Listed
- April 1, 2026
Price History
Property
- Age
- 31-50
- Lot Size
- 102.36 x 150.38 Feet
Utilities
- Sewer
- Sanitary
Location & Legal
- Cross Street
- West Moira
- Zoning
- R6
- Parcel Number
- 404570089
- Possession
- Flexible
Commercial
- Business Type
- Apts - 6 To 12 Units
- Occupancy
- Tenant
Included
- Inclusions
- 10 Fridges, 12 Stoves, 2 Washers, 2 Dryers, Hot Water Tank (4)
Community
Postal area K8P
- Population
- 23,166
- Private dwellings
- 10,592
- Median age
- 44.4
- Average household size
- 2.2
- Median household income
- $64,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Belleville · last 12 months
- Median sold price
- $505,000
- Homes sold
- 757
- Median days on market
- 32
- Sale-to-list price
- 97.3%
Based on 757 recorded sales of commercial properties in Belleville over the last 12 months.
Listed by
Re/Max Quinte Ltd.
Location
Commercial figures
- Building area
- 15,102 sq ft
- Price per sq ft
- $128.79
- Annual property tax
- $28,312
- Tax per sq ft
- $1.87
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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