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121 STATION STREET, Belleville, Ontario, K8N 2S9

MLS® # X8369506
Investment For Sale In Belleville, Ontario
$899,900
121 Station Street, Belleville, ON - Outdoor
121 Station Street, Belleville, ON - Outdoor
121 Station Street, Belleville, ON - Outdoor
121 Station Street, Belleville, ON - Indoor
121 Station Street, Belleville, ON -  Photo Showing Other Room
121 Station Street, Belleville, ON - Indoor Photo Showing Other Room
121 Station Street, Belleville, ON - Indoor Photo Showing Other Room
121 Station Street, Belleville, ON - Indoor Photo Showing Kitchen
121 Station Street, Belleville, ON - Indoor Photo Showing Bathroom
121 Station Street, Belleville, ON - Outdoor
121 Station Street, Belleville, ON - Outdoor
121 Station Street, Belleville, ON - Outdoor
121 Station Street, Belleville, ON  - Outdoor
121 Station Street, Belleville, ON  - Outdoor
121 Station Street, Belleville, ON  - Outdoor
121 Station Street, Belleville, ON  - Indoor
121 Station Street, Belleville, ON -  Photo Showing Other Room
121 Station Street, Belleville, ON - Indoor Photo Showing Other Room
121 Station Street, Belleville, ON - Indoor Photo Showing Other Room
121 Station Street, Belleville, ON - Indoor Photo Showing Kitchen
121 Station Street, Belleville, ON - Indoor Photo Showing Bathroom
121 Station Street, Belleville, ON - Outdoor
121 Station Street, Belleville, ON - Outdoor
121 Station Street, Belleville, ON - Outdoor
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121 STATION STREET, Belleville, Ontario, K8N 2S9
$899,900

Property Information:

With Rents On The Rise, Buy-And-Hold Rental Investment Is A Shining Star In Today's Real Estate Market. Once In A Great While, We Find An Income Property Like This One. Owned By The Same Family For Over 40 Years This 6-7 Unit Property Is A Solid Moneymaker. Currently, There Are 4-1 Bedroom Units & 2 Bachelors. The 7th Is Currently The Owner's Office And Could Be Rented As A Studio/Room At $800/Month. All Units Have Separate/Private Entrances (No Hallways or shared entrances). With A Potential Gross Income Of $96,000 The Property Nets Approximately $72,000 Before Financing With A Cap Of Almost 9%. The Property Is In Excellent Condition, With All Wiring and plumbing updated. 2 Units Are Newly Refreshed, and 1 has just been renovated. Mostly at market rents and with increases possible on turnovers. Great tenants who are all working folks or retirees. Very clean, well-kept property, creating worry-free cash flow. (id:7525)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Exterior Finish: Stone
  • Foundation Type: Stone
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric
  • Appliances: Refrigerator, Stove, Two stoves

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 7
  • Bathrooms: 7
  • Amenities Nearby: Hospital, Park, Public Transit, Schools
  • Community Features: Community Centre, School Bus
  • Irregular: Yes
  • Lot Size: 35.5 x 126.75 FT
  • Utility Type: Cable - Installed, Sewer - Installed
  • Sewer: Sanitary sewer
  • No. of Parking Spaces: 4

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Location of 121 STATION STREET, Belleville, Ontario, K8N 2S9

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

35 hot days expected in 2050

Projected Storm Risk: Very High

14 storms expected in 2050

Projected Heat Risk: High

35 hot days expected in 2050

54/100

High

ClimateCheck®

Current data

This property, 121 STATION STREET , experiences 7 hot days per year at around 30.5 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 35 hot days at 34.1 degrees Celsius.

Projected Avg. Temperature

Past
30.5℃
2050
34.1℃

# Hot Days Per Year

Past
7
2050
35

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk:

14 storms expected in 2050

63/100

ClimateCheck®

Current data

This property, 121 STATION STREET , experiences 11 significant 2-day storms per year, with about 320.9mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 405.6mm of precipitation per year.

Precipitation Per Storm

Past
320.9mm
2050
405.6mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 121 STATION STREET, Belleville, Ontario, K8N 2S9

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$88,108.89

Average Number of Children

1.64

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

16.34 %

High school certificate or equivalent

37.79 %

Apprenticeship trade certificate/diploma

5.95 %

College/non-university certificate

27.09 %

University certificate (below bachelor)

0.29 %

University Degree

12.53 %

Commuter

Travel To Work

By Car

84.56 %

By Public Transit

3.66 %

By Walking

7.6 %

By Bicycle

0.42 %

By Other Methods

3.76 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

39.67 %

Houses

60.33 %

Own Vs. Rent