5-7 Boswell Street Belleville, Ontario K8P 3K7
$599,000
This type of property presents an ideal opportunity for an owner-occupier to live on-site and offset a significant portion of their monthly mortgage with rents from the other apartments, or for a multi-generational family seeking accommodations. This unique setup offers affordable homeownership with the added convenience of living on-site, thereby eliminating the need and cost of a property management company. Situated just a short walk from downtown, steps from a major transit route, close to schools, shopping, and many essential amenities, making it highly desirable for tenants and investors alike. The property consists of three well-maintained two-bedroom residential units. Long-term tenants currently occupy two, while the third unit (5) is vacant and move-in ready, offering the new owner the ability to set the rent and choose their own tenants. All three units have been extensively updated, featuring major capital improvements that include full plumbing and electrical upgrades, including 3vnew panels. New windows & exterior doors. All 4-piece bathrooms have been remodeled and moved to the main floor. New soffits, fascia, and eaves were installed in 2018, along with new shingles. Vinyl flooring in the kitchens and bathrooms was also updated. All 3 natural gas furnaces & owned HWTs (one installed in April 2025) were replaced. 5 Boswell had the hardwood professionally refinished, a brand-new kitchen installed, and the interior painted. Some additional great features include: laundry hook-ups. Interconnected smoke and CO detectors. Open-concept main floor layouts with eat-in kitchens. A carpet-free building with approximately 80% being the original hardwood flooring. Private outdoor space for each unit, featuring a rear deck and a dedicated storage shed for each tenant. Large parking area & maintenance-free exterior. This property offers a 6.3% cap rate with significant growth potential. See for yourself, the vacant unit is very easy to show, 24 hrs for others. (id:50886)
Property Details
| MLS® Number | X12253720 |
| Property Type | Single Family |
| Community Name | Belleville Ward |
| Amenities Near By | Place Of Worship, Schools, Public Transit |
| Community Features | School Bus |
| Features | Flat Site, Carpet Free |
| Parking Space Total | 6 |
| Structure | Deck, Shed |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 6 |
| Bedrooms Total | 6 |
| Age | 100+ Years |
| Amenities | Fireplace(s), Separate Electricity Meters |
| Appliances | Water Heater, Water Meter, Stove, Window Coverings, Two Refrigerators |
| Basement Type | Crawl Space |
| Construction Style Attachment | Attached |
| Exterior Finish | Vinyl Siding, Stucco |
| Fire Protection | Smoke Detectors |
| Fireplace Present | Yes |
| Fireplace Total | 1 |
| Flooring Type | Hardwood |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 3,000 - 3,500 Ft2 |
| Type | Row / Townhouse |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Land Amenities | Place Of Worship, Schools, Public Transit |
| Sewer | Sanitary Sewer |
| Size Depth | 132 Ft |
| Size Frontage | 51 Ft |
| Size Irregular | 51 X 132 Ft |
| Size Total Text | 51 X 132 Ft|under 1/2 Acre |
| Zoning Description | R4 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Main Level | Kitchen | 3.77 m | 3.44 m | 3.77 m x 3.44 m |
| Main Level | Kitchen | 3.77 m | 3.44 m | 3.77 m x 3.44 m |
| Main Level | Kitchen | 3.67 m | 3.14 m | 3.67 m x 3.14 m |
| Main Level | Dining Room | 3.37 m | 4.06 m | 3.37 m x 4.06 m |
| Main Level | Dining Room | 3.39 m | 3.89 m | 3.39 m x 3.89 m |
| Main Level | Dining Room | 3.37 m | 4.06 m | 3.37 m x 4.06 m |
| Main Level | Living Room | 3.44 m | 3.29 m | 3.44 m x 3.29 m |
| Main Level | Living Room | 3.14 m | 3.48 m | 3.14 m x 3.48 m |
| Main Level | Living Room | 3.46 m | 3.35 m | 3.46 m x 3.35 m |
| Upper Level | Primary Bedroom | 4.09 m | 3.21 m | 4.09 m x 3.21 m |
| Upper Level | Primary Bedroom | 3.89 m | 2.9 m | 3.89 m x 2.9 m |
| Upper Level | Bedroom 2 | 3.95 m | 3.15 m | 3.95 m x 3.15 m |
| Upper Level | Bedroom 2 | 3.03 m | 2.89 m | 3.03 m x 2.89 m |
| Upper Level | Bedroom 2 | 3.68 m | 3.28 m | 3.68 m x 3.28 m |
| Upper Level | Primary Bedroom | 4.98 m | 3.66 m | 4.98 m x 3.66 m |
Utilities
| Cable | Available |
| Electricity | Installed |
| Sewer | Installed |
Contact Us
Contact us for more information
Jason Wood
Salesperson
www.jasonwood.ca/
www.facebook.com/jasonwoodremax/
(613) 392-6594
(613) 394-3394
remaxquinte.ca/
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July 01 2025 06:21:18
Central Lakes Association of REALTORS®
RE/MAX Quinte Ltd.