5-7 BOSWELL STREET Belleville

5-7 BOSWELL STREET, Belleville, Ontario

$599,000

  • 6 Beds
  • 3 Baths

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:56241)

  • Listing ID: X12253720
  • Property Type: Single Family

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Rooms

LevelTypeDimensions
Kitchen Main level 3.77 m x 3.44 m
Kitchen Main level 3.77 m x 3.44 m
Kitchen Main level 3.67 m x 3.14 m
Dining room Main level 3.37 m x 4.06 m
Dining room Main level 3.39 m x 3.89 m
Dining room Main level 3.37 m x 4.06 m
Living room Main level 3.44 m x 3.29 m
Living room Main level 3.14 m x 3.48 m
Living room Main level 3.46 m x 3.35 m
Primary Bedroom Upper Level 4.09 m x 3.21 m
Primary Bedroom Upper Level 3.89 m x 2.9 m
Bedroom 2 Upper Level 3.95 m x 3.15 m
Bedroom 2 Upper Level 3.03 m x 2.89 m
Bedroom 2 Upper Level 3.68 m x 3.28 m
Primary Bedroom Upper Level 4.98 m x 3.66 m

Details

  • Amenities Nearby: Place of Worship, Schools, Public Transit
  • Community Features: School Bus
  • Features: Flat site, Carpet Free
  • Ownership: Freehold
  • Parking Spaces: 6
  • Structure: Deck, Shed
  • Transaction: For sale
  • Zoning Description: R4

Building

  • Amenities: Fireplace(s), Separate Electricity Meters
  • Appliances: Water Heater, Water meter, Stove, Window Coverings, Two Refrigerators
  • BasementType: Crawl space
  • Bedrooms Main Level: 6
  • Construction Style Attachment: Attached
  • Exterior Finish: Vinyl siding, Stucco
  • Fireplace Present: True
  • Fireplace Total: 1
  • Fire Protection: Smoke Detectors
  • Flooring: Hardwood
  • Foundation: Stone
  • Bathrooms (Total): 3
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 3000 - 3500 sqft
  • Stories Total: 1.5
  • Type: Row / Townhouse
  • Utility Water: Municipal water

Land

  • Amenities: Place of Worship, Schools, Public Transit
  • Sewer: Sanitary sewer
  • Size Frontage: 51 ft
  • Size Irregular: 51 x 132 FT
MLS®

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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 5-7 BOSWELL STREET in Belleville Ontario. It was last modified on June 30th, 2025. Contact us to schedule a viewing or to discover other Belleville homes for sale.

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