19 & 21 Railway Terrace

Welcome to an incredible investment opportunity with this Multi-Family Home for sale in Belleville , located at 19 & 21 Railway Terrace, Belleville. This stunning property is a fully renovated side-by-side duplex, boasting two completely separate units, each featuring three bedrooms and two bathrooms. With its own private entrance, separate driveway, and laundry facilities, this home is designed for maximum convenience and privacy.

The exterior of this multiplex is a charming combination of brick and vinyl siding, giving it a classic yet modern appeal. The building style is a two-storey design, providing ample space for comfortable living. With a total of six bedrooms and four bathrooms across both units, this Multi-Family Home for sale in Belleville is perfect for families or investors looking to maximise their rental income. Each unit has been meticulously updated, with every inch of the property redone from top to bottom. This includes updated plumbing, electrical panels, hot water tanks, appliances, kitchens, bathrooms, and flooring throughout.

At 19 & 21 Railway Terrace, Belleville, the efficient heating system, which is baseboard heating, ensures that both units remain warm and inviting during the colder months. Although there is no central vacuum system or family room, the layout of the duplex allows for comfortable living and entertaining. The property is equipped with internet access, making it ideal for those who work from home or require reliable connectivity.

One of the standout features of this Multi-Family Home for sale in Belleville is the impressive cash flow potential it offers. With virtually zero shared expenses and separately metered utilities, this property is a true cash-flow machine. Investors will appreciate the financial freedom that comes with owning such a well-maintained duplex. Alternatively, savvy buyers can take advantage of the "house hack" option, living in one unit while renting out the other to cover their mortgage payments.

The property also features a crawl space basement, which is unfinished, providing additional storage options. While there is no garage or pool on the premises, there is parking space available for up to four vehicles, making it convenient for residents and guests alike. The lot measures 47 X 104 feet, providing ample outdoor space for relaxation or potential landscaping opportunities.

Situated just steps away from the VIA Rail station, this Multi-Family Home for sale in Belleville is perfect for commuters and hybrid workers who need a direct line to Toronto's Union Station. The location in the Belleville Ward of Hastings offers easy access to local amenities, schools, and parks, making it a desirable area for families and professionals alike.

With a property age of over 100 years, this home has a rich history and character that adds to its charm. Opportunities like this don’t come around often, especially one that is fully turnkey, fully separated, and ready for income generation. Don’t miss your chance to own one of Belleville’s best-performing duplexes.

If you’re a seasoned investor or a first-time buyer looking for a fantastic opportunity, look no further than this Multi-Family Home for sale in Belleville. Book your showing today for 19 & 21 Railway Terrace, Belleville, before it’s gone! This is your chance to secure a remarkable property that promises both comfort and financial benefits.

Belleville Ward, nestled within the charming city of Belleville, offers a delightful blend of urban convenience and natural beauty. This vibrant area is characterised by its picturesque parks, historic architecture, and a welcoming atmosphere that encourages outdoor activities and community engagement. Residents enjoy easy access to local amenities, including shops, cafes, and schools, all within a short stroll or bike ride. The ward is well-connected by public transport, making it an ideal base for exploring the wider region. With its strong sense of identity and a diverse population, Belleville Ward presents an inviting environment for those looking to settle in a lively yet serene locale.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an excellent choice for families. The closest option is Queen Victoria School, just 0.6 km away, which offers a public elementary education for grades JK to 6 and boasts a school rating of 5.1. Another nearby elementary school, Prince of Wales Public School, is 0.9 km away and serves grades JK to 8, with a rating of 3.6. For older students, Eastside Secondary School, located 1.6 km from the property, provides a public secondary education for grades 9 to 12 and has a rating of 3.9. Additionally, Harry J. Clarke Public School, only 1.3 km away, offers a French-language program for grades 4 to 8 and has a higher rating of 5.7. Families seeking a Catholic education can consider Holy Rosary Catholic School, 1.0 km away, or Nicholson Catholic College, which is 1.3 km away, both of which have solid ratings of 4.3 and 5.5, respectively. St. Michael Catholic School, also nearby at 1.4 km, provides a French-language curriculum for grades K to 8 and has a rating of 5.2. Overall, this area offers a variety of educational options for children of all ages.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 808 residents, with an average household size of 2.6 individuals. The demographic profile indicates a youthful community, with an average age of 31.8 years. The average household income stands at $61,800, but a significant portion of the population, 34.4%, is classified as low-income. Housing prices in the area average around $308,000, making it relatively accessible. The community is predominantly single, with 59.29% of residents identifying as such, while 29.55% of households include children. Renters make up a substantial 59.09% of the population, indicating a rental-heavy market, with condos representing only 3.03% of the housing options. The area also has a modest immigrant presence at 5.11%, and 24.39% of residents hold a college or university degree. However, a notable 56.91% of the population is not actively participating in the labor force, suggesting potential economic challenges. Overall, this demographic snapshot reflects a vibrant yet economically diverse community with a mix of young families and single individuals.