270 Colonial Road
Belleville, ON
5 bed • 2 bath • approx. 700-1100 sqft • Detached • 21 days on market
**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.
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2026)
- $3,662
- Originally Listed
- $569,900
- Listed
- August 6, 2026
Price History
Property
- Style
- Bungalow-Raised
- Construction
- Brick
- Roof
- Shingles
- Foundation
- Block
- Interior
- Carpet Free, In-Law Suite
- Lot Size
- 120.05 x 153.81 Feet
Utilities
- Sewer
- Septic
- Heat Source
- Electric
Location & Legal
- Cross Street
- Moira St W to Colonial Rd
- Parcel Number
- 404230149
- Possession
- Flexible
Commercial
- Occupancy
- Tenant
Included
- Inclusions
- 2 Fridges, 2 Stoves, 2 Stacked Washer/Dryer Combos, 1 Dishwasher
- Exclusions
- Tenant Belongings
- Rental Items
- Hot Water Tank
Schools
Elementary
- Bayside Public School3 km
Public · Hastings & Prince Edward DSB · 335 students
Grade 3 reading: 80% met the provincial standard · Grade 6 math: 38% met the provincial standard
- Susanna Moodie Senior Elementary School3 km
Public · Hastings & Prince Edward DSB · 340 students
Grade 3 reading: 86% met the provincial standard · Grade 6 math: 53% met the provincial standard
- Sir John A Macdonald Public School4.2 km
Public · Hastings & Prince Edward DSB · 240 students
Grade 3 reading: 82% met the provincial standard · Grade 6 math: 70% met the provincial standard
Secondary
- Bayside Secondary School3.1 km
Public · Hastings & Prince Edward DSB · 925 students
Grade 10 literacy: 86% met the provincial standard
- Sir James Whitney School for the Deaf4.5 km
Provincial · Provincial and Demonstration Schools
- Sir James Whitney/Sagonaska Secondary School4.5 km
Provincial · Provincial and Demonstration Schools
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area K8R
- Population
- 2,012
- Private dwellings
- 791
- Median age
- 43.6
- Average household size
- 2.6
- Median household income
- $97,000
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
Residential Freehold 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 residential freehold properties in Belleville over the last 12 months.
Rooms
4-piece on Main, 3-piece on Basement
Main
- Bathroom7'1" x 10'9"
- Bedroom12'2" x 10'9"
- Bedroom 29'7" x 10'10"
- Bedroom 39'3" x 9'9"
- Dining Room9'6" x 9'10"
- Kitchen13'1" x 10'9"
- Living Room15'1" x 13'1"
Lower
- Bathroom10'10" x 6'5"
- Bedroom13'8" x 12'5"
- Bedroom 27'9" x 12'5"
- Dining Room12'4" x 7'3"
- Kitchen14'2" x 12'1"
- Living Room15'5" x 17'7"
Listed by
Royal Lepage Proalliance Realty
Location
Mortgage Calculator
$109,000
Estimated Monthly Payment
$2,677
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,677/mo (20% down, 5.5%)
Taxes: $305/mo · Insurance: $136/mo
Estimates only. Consult a financial advisor.
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