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REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Listing data via CREA's DDF®. about · terms of use · privacy · © 2026 mihom.

221 Albert Street
homes for sale · Belleville · Belleville Ward
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$1,250,000

221 Albert Street

Belleville Ward, Belleville · MLS® X13701732

5523

House · Multi-family · 64 days on market

listed by Tim Mckinney, Re/Max Quinte Ltd.

realtor's description

ATTENTION INVESTORS - 5-PLEX IN BELLEVILLE'S OLD EAST HILL WITH DETACHED GARAGE! An exceptional investment opportunity awaits on historic Albert Street in Belleville's highly sought-after Old East Hill neighbourhood. This meticulously cared-for, fully tenanted 5-plex offers the ideal combination of timeless character, functional living spaces, and the convenience of a multi-unit property in one of the city's most established communities. Steeped in history, this century home showcases the architectural charm and character of its era, thoughtfully complemented by modern conveniences. With ample parking and a large detached 3 car garage (built in 2024) offering the potential to add an additional unit above, or a stay at home office, subject to approvals, the property presents both immediate functionality and exciting future possibilities for investors. Located in the heart of Old East Hill, residents enjoy mature streetscapes, established neighbourhoods, local amenities, and convenient access to all that Belleville has to offer. The area's enduring appeal makes it a desirable location for tenants and a compelling choice for investors seeking a well-positioned multi-residential property. Roof reshingled in May 2021 and the main floor unit in 219 Albert has over $60 k in renovations done with high end finishes and a gas fireplace. owner has owned the building for 20 years. There is a detached garage as well and lots of paved parking. New paved driveways in 2024 and parking for 20 cars. Stable tenancy with many tenants living there for over 10 years.

similar homes nearby

property details

type
House, Multi-family
bedrooms
5
bathrooms
5
parking
23
property tax
$9,908 / yr
days on market
64
MLS®
X13701732

features

  • Washer
  • Refrigerator
  • Dishwasher
  • Stove
  • Dryer

monthly cost

$6,272/mo
Mortgage $5,446 · Tax $826

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$5,446/ monthly
loan $1,000,000
25-year amortization
total interest
$633,839
cash to close
$250,000
down payment; transfer tax and fees not included
total paid
$1,633,839

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
Tim Mckinney
Re/Max Quinte Ltd.
call Tim · 613-921-2667
Powered by: REALTOR.ca

location

Belleville Ward, BellevilleGoogle Maps ↗

location

Belleville Ward, BellevilleGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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