193 Victoria Avenue, Belleville, ON Image 1

$1,299,000

$1,350,000
3.8% dropped

Last price change Mar 24

Multiplex For Sale
MLS - #X11918511
17 hours ago- By MARINO LOCATIONS LIMITED

193 Victoria Avenue, Belleville, ON K8N 2B9

10 Bed
6 Bath
< 700 Sqft.
None Garage

Property Description

Property type

Multiplex

Lot size

< .50

Style

2-Storey

Approx. Area

< 700 Sqft

About 193 Victoria Avenue

Reduced price on this prime investment opportunity to own a fully occupied, 6 unit income producing residential apartment building for sale, on 0.14 acres of land (6,275 SF). Solid brick building with newer roof shingles which were replaced in 2021 with 40+ year expected lifespan. Attractive location in a quiet but vibrant & walkable residential area not far from downtown Belleville & thus in high demand for residential apartments with strong, consistent rental occupancy. Secure entry & shared parking lot with 6 spots including one for each tenant. Updated (as of July 2025) financial information including revenue & expenses available upon request. Proposed agreements of purchase & sale may be submitted to listing brokerage at any time. Opportunity to increase value substantially as recent turnover has seen rental increases of over 74% as well as the potential to increase profitability further by reducing the operating or management expenses if possible. Whether you are a seasoned investor or wanting to enter the multifamily market with a high quality asset, this property provides an ideal combination of location, construction quality, and steady growth potential. Don't miss out on this exceptional opportunity to invest in a turn-key property in a high quality neighborhood & growing market!

Home Overview

Last updated

17 hours ago

Virtual tour

None

Basement information

Apartment

Building size

--

Status

In-Active

Property sub type

Multiplex

Maintenance fee

$N/A

Year built

--

Additional Details

Basement:Apartment
Cooling:None
Heating:Baseboard
Parking Features:Unreserved
0
Similar Homes Found
$0
Average Price
129900000.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Location

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Walk Score for 193 Victoria Avenue

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

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