465 Dundas Street

Belleville, ON

2,244 sqft
Investment
1 days on market

$400,000

An exceptional investment opportunity, this fully occupied triplex features three distinct two-bedroom, one-bathroom suites. The two front ground-floor units benefit from exclusive basement access for extra storage, and each apartment is individually metered for complete utility independence, with tenants paying their own gas, hydro, and water. Every unit includes its own dedicated heating and hot water system, highlighted by a new gas furnace installed in Unit B in 2022 and well-maintained windows throughout. Situated on a surprisingly expansive lot with a large backyard, the property currently operates under grandfathered residential use but carries a flexible C3 commercial zoning - offering incredible long-term potential for future business conversion or strategic redevelopment.

Listing Details

Taxes (2025): $3,400
Listed: September 4, 2026

Price History

Listing history

Property

Lot Size: 55.7 x 268.38 Feet

Parking

Garage: None

Utilities

Sewer: Septic

Location & Legal

Cross Street: Dundas St W & Avondale Rd
Zoning: C3
Parcel Number: 404270019
Possession: Flexible
Occupancy: Tenant

Commercial

Business Type: Apts - 2 To 5 Units

Included

Inclusions: 2 Fridges, 2 Stoves in Unit A & B; 3 HWTs
Exclusions: 3 Washers, 3 Dryers, Window Air Conditioners; Fridge & Stove - Unit C
Rental Items: None

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: 743
Median days on market: 32
Sale-to-list price: 97.2%

Based on 743 recorded sales of commercial properties in Belleville over the last 12 months.

Listed by

Exit Realty Group

Walk Score

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Location

Street View

Commercial figures

Building area: 2,244 sq ft
Price per sq ft: $178.25
Annual property tax: $3,400
Tax per sq ft: $1.52

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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