199 Lingham Street

Nestled in the heart of Belleville, at 199 Lingham Street, this remarkable Multi-Family Home for sale in Belleville presents an exceptional opportunity for both investors and families alike. This two-storey multiplex, situated on a generous 65 x 135 feet lot, offers a unique blend of space and potential, making it an ideal choice for those looking to make a sound investment in the thriving Hastings area.

The property features a main-floor unit comprising two bedrooms and one bathroom, alongside a second-floor unit that boasts three bedrooms and an additional bathroom. This configuration makes it perfect for families or tenants seeking ample living space. With a total of five bedrooms across the two units, this Multi-Family Home for sale in Belleville is designed to accommodate a variety of living arrangements. The two kitchens provide added convenience, allowing for independent living and cooking facilities for each unit.

While the property does not include a den or a family room, the spacious layout of the two units ensures that residents will have plenty of room to relax and unwind. The absence of a central vacuum system and fireplace may be noted, but the home is equipped with central air conditioning, ensuring comfort throughout the warmer months. Moreover, the property is unfurnished, allowing new owners the freedom to personalise the space to their taste.

One of the standout features of this Multi-Family Home for sale in Belleville is the full, unfinished basement. This area presents a blank canvas for potential renovations, offering the possibility of creating a third unit, which could significantly enhance the property's value and appeal. The unfinished nature of the basement means that the new owner can design it according to their vision, adding further potential for appreciation.

The exterior of the home is clad in a combination of stucco and vinyl siding, providing a modern yet classic aesthetic. The detached garage adds to the property's appeal, offering secure parking for one vehicle and the potential for additional income through rental opportunities. With a private double driveway providing parking space for up to four vehicles, convenience is at the forefront of this property’s design.

Located at 199 Lingham Street, Belleville, this Multi-Family Home for sale in Belleville is not only a sound investment but also a prime location for those wishing to enjoy the vibrant community of Belleville Ward. The property is serviced by municipal water and sewer, ensuring a hassle-free living experience. Additionally, the presence of separate hydro meters allows for easy management of utilities, making it an attractive proposition for potential tenants.

For those considering this investment, the property is ideally situated near the crossroads of Emily Street and Station Street, providing easy access to local amenities and services. This strategic location enhances the appeal of the Multi-Family Home for sale in Belleville, making it an excellent choice for those looking to tap into the rental market or for families seeking a spacious home in a friendly neighbourhood.

In conclusion, 199 Lingham Street, Belleville, is a fantastic opportunity for anyone looking to invest in a Multi-Family Home for sale in Belleville. With its generous living spaces, potential for additional income, and prime location, this property is poised to deliver both immediate cash flow and long-term equity. Don’t miss out on the chance to own this versatile and promising property in the heart of Belleville!

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 tree-lined streets, picturesque parks, and a variety of local amenities, making it an inviting place for residents. With easy access to public transport, shops, and recreational facilities, Belleville Ward fosters a sense of connectivity and accessibility. The community is also enriched by a diverse population, contributing to a lively atmosphere filled with cultural events and local gatherings. Whether you're seeking a peaceful retreat or an active lifestyle, Belleville Ward presents an appealing option for prospective residents.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within just 0.3 km, you’ll find Queen Victoria School, a highly-rated public elementary school catering to grades JK to 6, with a commendable school rating of 5.1. A bit further, at 0.9 km, is Prince of Wales Public School, which serves grades JK to 8 and has a rating of 3.6, along with Holy Rosary Catholic School, also at 0.9 km, offering a Catholic education for grades K to 8 with a rating of 4.3. For older students, Eastside Secondary School is located 1.8 km away, providing education for grades 9 to 12 with a rating of 3.9. Additionally, Nicholson Catholic College, just 1.0 km from the property, offers a strong Catholic secondary education for grades 9 to 12, boasting a rating of 5.5. Other nearby schools include Harry J. Clarke Public School and St. Michael Catholic School, both offering diverse language programs and strong ratings. Overall, this area offers a rich selection of quality educational options for children of all ages.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 584 residents, with an average household size of 2.3 individuals. The demographic profile indicates a relatively mature community, with an average age of 41.1 years. The average household income stands at $73,500, with 15% of the population classified as low-income. The real estate market reflects an average property price of $380,000, appealing to a diverse range of buyers. Approximately 48.45% of the population is single, while 35.48% of households include children, highlighting a mix of family structures. The community is home to 12.3% immigrants, contributing to its cultural diversity. Renters make up a significant portion of the population at 49.02%, and 21.57% of the housing options are condominiums, catering to various living preferences. Education levels are notably high, with 52.17% of residents holding a college or university degree. However, a substantial 44.57% of the population is not in the labor force, which may reflect factors such as retirement or other life choices. Overall, this area presents a blend of demographics that could appeal to both families and individuals seeking a vibrant community.