167 Stanley ST new

Belleville,ON K8N 3Z9

$ 599000

5 Beds

2 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 700-1100

Subdivision Belleville Ward

MLS Listing ID X12396699

Style Bungalow

Bedrooms 5

Building Age 51-99

Annual Tax Amount $3,380

Tax Year 2025

Property Sub-Type Duplex

Property Description

Rare turnkey investment opportunity in Bellevilles desirable east end! This solid bungalow features a 3-bedroom, 1-bathroom main floor plus a fully self-contained legal 2-bedroom, 1-bathroom basement apartment with a private entrance, newly constructed with permits in 2024. Currently fully tenanted and professionally managed, the property generates an impressive $4,250 per month in rental income, making it an immediate cash-flowing asset with no disruption to operations. Ideal for investors seeking a low-maintenance property, both units are modern, well-designed, and in demand by quality tenants. Located in one of Canada's fastest growing cities, Belleville continues to attract new residents and investment, strategically situated on the 401 corridor between Toronto, Ottawa, and Montreal. The property is less than 10 minutes from Belleville General Hospital, the VIA Rail station, parks, schools, shopping, and major amenities, ensuring strong tenant demand and long-term appreciation. With stable rental income, a legal second suite, and management already in place, 167 Stanley Street is a rare chance to secure a hassle-free, high-performing investment property in a growing market.

Location

Province ON

County Hastings

Community Belleville Ward

Area Hastings

Zoning Residential Type 2 (R2)

Rooms

Basement Apartment,Separate Entrance

Kitchen 2

Interior

Interior Features Accessory Apartment,Carpet Free,In-Law Suite,In-Law Capability,Primary Bedroom - Main Floor,Water Heater Owned

Cooling Central Air

Inclusions Main Floor: Fridge, Stove, Dishwasher, Washer, Dryer. Lower level: Fridge, Stove, Dishwasher, Washer, Dryer

Exterior

Parking Features Detached

Garage Spaces 1.0

Pool None

View Park/Greenbelt

Roof Type Asphalt Shingle

Total Parking Spaces 5

Building

Foundation Concrete

Others

ParcelsYN No

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