45 Black Diamond Road
Belleville, ON
- 9 bath
- approx. 700-1100 sqft
- Multiplex
RARE 9-UNIT RESIDENTIAL ACREAGE WITH FULL MUNICIPAL SERVICESMINUTES TO THE 401. Turnkey multi-residential parcels of this scale almost never hit the open market. Situated on a prime 2.74-acre parcel on Black Diamond Road just minutes from the Highway 401 corridor, this exceptional, fully occupied income property has been proudly family-owned and maintained since 1978. Unlike typical rural multi-unit investments, this property is fully connected to municipal water, municipal sewer, and natural gas, eliminating rural well and septic liabilities entirely. The residential setup features nine detached rental homes comprising six 2-bedroom units, two 3-bedroom units, and one 1-bedroom unit. Substantial capital improvements have already been completed across the parcel, including nine separate 100-amp electrical panels and five newer high-efficiency gas furnaces for streamlined utility management. Dual road frontage ensures excellent accessibility, expansive parking, and long-term site flexibility, while two detached garages (a 2.5-car and a separate single-car) provide valuable workshop or storage capacity. Operating overhead is kept low thanks to an established arrangement with a resident tenant who oversees year-round groundskeeping and snow removal. Whether you are expanding an investment portfolio with proven, day-one cash flow or securing an irreplaceable multi-generational family compound, this turnkey holding delivers unbeatable stability, location, and long-term upside. Full financial summary, rent roll, and unit breakdown are available upon request.
Listing Details
- Taxes (2025)
- $12,504
- Listed
- November 12, 2026
Price History
Listing history
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Property
- Style
- Bungalow
- Construction
- Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- Unknown
- Interior
- None
- Lot Size
- 608.65 x 480.44 Feet
Parking
- Garage
- Detached
- Covered Spaces
- 3.5
- Total Parking
- 21.5
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Cannifton Road / Black Diamond Road
- Parcel Number
- 404330117
- Possession
- Flexible
- Occupancy
- Tenant
Included
- Exclusions
- Appliances
- Rental Items
- HWT
Schools
Secondary
- St Theresa Catholic Secondary School1.1 km
Catholic · Algonquin and Lakeshore CDSB · 775 students
Grade 10 literacy: 84% met the provincial standard
- Nicholson Catholic College3.4 km
Catholic · Algonquin and Lakeshore CDSB · 490 students
Grade 10 literacy: 87% met the provincial standard
- Eastside Secondary School3.9 km
Public · Hastings & Prince Edward DSB · 985 students
Grade 10 literacy: 69% met the provincial standard
Elementary
- Georges Vanier Catholic School1.9 km
Catholic · Algonquin and Lakeshore CDSB · 310 students
Grade 3 reading: 64% met the provincial standard · Grade 6 math: 26% met the provincial standard
- Prince of Wales Public School2.1 km
Public · Hastings & Prince Edward DSB · 320 students
Grade 3 reading: 56% met the provincial standard · Grade 6 math: 20% met the provincial standard
- Holy Rosary Catholic School2.3 km
Catholic · Algonquin and Lakeshore CDSB · 250 students
Grade 3 reading: 78% met the provincial standard · Grade 6 math: 28% met the provincial standard
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 K8N
- Population
- 30,393
- Private dwellings
- 13,782
- Median age
- 48
- Average household size
- 2.3
- Median household income
- $79,000
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
- $500,000
- Homes sold
- 756
- Median days on market
- 30
- Sale-to-list price
- 97.0%
Based on 756 recorded sales of residential freehold properties in Belleville over the last 12 months.
Listed by
Royal LePage ProAlliance Realty
Walk Score
Walk
Bike
Scores by Walk Score®
Location
Street View
Mortgage Calculator
$399,800
Estimated Monthly Payment
$9,820
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $9,820/mo (20% down, 5.5%)
Taxes: $1,042/mo · Insurance: $500/mo
Estimates only. Consult a financial advisor.
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