58 Elgin Street

Belleville Ward, Belleville, K8P 4B2

$1,945,000

Reduced $142,500 from $2,087,500

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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

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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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