58 Elgin Street
Belleville Ward, Belleville, K8P 4B2
$1,945,000
Reduced $142,500 from $2,087,500
Listed 201 days ago · MLS® X12945496
About this home
58 & 60 Elgin Street at $1,945,000 each. Each building consists of 11 two bedroom and 1 one bedroom units, for a total of 24 units. There is 1 vacant unit consisting of one bedroom (58-01) which is currently used as a workshop/office.As of the August 1, 2026 rent roll the current projected monthly income for 58 and 60 is $27,857.90. Primary expenses: - Property Taxes $28,311.82 Insurance $8,323 water $12,050 hydro $10,348. Fire alarm monitoring 2025 $1224. Bell phone (fire alarm communication) 2025 $1080. Waste collection 2025 $2280. Grass & snow maintenance 2024 $3000. NOTES:Both buildings have newly installed fully functioning fire alarm systems with notifier communication to Belleville Fire Dept. currently monitored by Alarm Systems Belleville. Total cost of retrofit in 2023/2024 was approximately $100,000.Window replacement at 58 Egin is approx. 90%. All windows have been fully flashed in 2025 ($8000.)Window replacement at 60 Elgin is approx. 70%.This property to be sold with adjacent 12 Plex listing
Details
- Type
- Investment
- Age
- 31-50 years
- Lot
- 102.36 × 137.51 ft
- Garage
- None
- Property tax
- $28,312 (2025)
- Neighbourhood
- Belleville Ward
- Municipality
- Belleville
Heating, cooling and services
- Heating
- Baseboard
- Water and sewer
- Sanitary
- Utilities
- Available
Building and exterior
- Age
- 31-50 years
- Building area
- 14,757 Square Feet
More
- Possession
- Flexible
- Cross street
- West Moira
- Business type
- Apts - 6 To 12 Units
Location
Location is approximate. See nearby homes on the map
Recent sales nearby
See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.
The neighbourhood
Getting around Car-dependent
No subway, LRT or GO station within a short trip.
Within a 10-minute walk: no grocery stores, 2 cafés and restaurants, 4 parks. Nearest park: Elgin Parkette (150 m).
Schools nearby
Elementary
- Our Lady of Fatima Catholic School Catholic
EQAO: Gr 6 reading 77%, math 31%5 min walk - Prince Charles Public School
EQAO: Gr 6 reading 77%, math 30%10 min walk - Park Dale Public School
EQAO: Gr 6 reading 91%, math 56%16 min walk - Sir John A Macdonald Public School
EQAO: Gr 6 reading 87%, math 70%1.4 km
Secondary
- Centennial Secondary School
EQAO: Gr 9 math 47%, literacy test 81%1.2 km - Nicholson Catholic College Catholic
EQAO: Gr 9 math 50%, literacy test 87%1.7 km
EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.
Closest schools, not school zones. Check which school serves this address with the school board before relying on it.
Who lives here postal area K8P
- Owners / renters
- 52% / 48%
- Median household income
- $64,500
- Average age
- 45
- Children under 15
- 14%
- Homes
- 47% detached, 12% high-rise
- Commute by transit
- 5%
- Population
- 23,166
Languages spoken most at home besides English: Punjabi (Panjabi) 0.8%, Gujarati 0.7%, Spanish 0.3%, Tagalog (Pilipino, Filipino) 0.2%.
Safety
Crime Severity Index for Belleville police: 75 vs 57 for Ontario (2025).
Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.
Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.
Living here
Commute
Noise 1 source nearby
- 🚆 Rail line (Kingston Subdivision)250 m
Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.
Internet High-speed
50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).
From the federal broadband map. Check exact speeds and providers for the address.
Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.
Listed by Re/Max Quinte Ltd..
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.
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