$719,900
For sale: Multiplex

Exceptional turnkey property with 5 fully occupied residential units. Rare find with strong cash flow from day one.Unit Mix: 1 five-bedroom, 1 three-bedroom , 3 bachelor units.Key Features: Private parking (6 cars), Beautifully landscaped secluded yard, Near 3 bus routes, Coin laundry, keyless entries, security cameras, Fire suppression system (compliant)Major Renovations (2022-2023): New roof, siding, eavestrough, deck, parking lot, trench rainwater drainage system, flooring, bathrooms, kitchens, and appliances.Meticulously maintained, minimal deferred maintenance. Gainful tenants in place.
Sold data
Multiplex homes in Belleville (Belleville Ward) took a median of 32 days to sell over the last 730 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 71, across 49 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 72 days.
The median sale price was $584,900.
Homes sold for about 2.5% below asking on average, so there was room to negotiate.
About 16% of sales closed above the list price.
Around 16% of sellers reduced their price before finding a buyer.
Based on 49 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Belleville (Belleville Ward) has 19 Fraser Institute–rated schools (14 elementary and 5 secondary), averaging 5.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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