68-70 South George Street

Introducing a remarkable opportunity with this Multi-Family Home for sale in Belleville , located at 68-70 South George Street, Belleville. This beautifully renovated and completely vacant triplex is a true cashflow gem, offering you the unique chance to select your own tenants and establish your own rental rates right from the outset. With strong projected income exceeding £5,500 per month, tenants will be responsible for their own utilities, making this an incredibly attractive investment.

This Multi-Family Home for sale in Belleville features a well-thought-out unit mix that includes a spacious three-bedroom, one-bathroom unit, alongside two additional two-bedroom, one-bathroom units. Each unit boasts separately metered utilities and private entrances, ensuring a sense of independence for each household. Furthermore, the convenience of in-suite laundry facilities for each unit adds to the appeal, making it an ideal low-maintenance investment for those looking to maximise their returns.

Situated in the vibrant Belleville Ward, this property at 68-70 South George Street, Belleville, is perfect for investors, multigenerational families, or savvy buyers who wish to reside in one unit while renting out the others to help cover mortgage costs. With a total of 15 rooms, including three kitchens, this multiplex is designed to cater to various living arrangements, making it a versatile option for potential buyers.

While this Multi-Family Home for sale in Belleville does not feature a family room, den, or additional land, it compensates with its generous layout and ample parking space for up to six vehicles. The property includes a carport for one vehicle, ensuring convenience for residents and guests alike. Although there is no pool or fireplace, the property is equipped with wall unit air conditioning and baseboard heating, providing comfort throughout the year.

The exterior of the building is clad in durable vinyl siding, which not only enhances its aesthetic appeal but also ensures low maintenance. The lot measures an impressive 47 by 135 feet, providing plenty of space for outdoor activities or potential landscaping. With no basement to worry about, the property remains easy to manage and maintain.

One of the standout features of this Multi-Family Home for sale in Belleville is its prime location. Just minutes away from Belleville's stunning waterfront, residents can enjoy leisurely walks along the picturesque trails by Myers Pier, visit the yacht club, or take advantage of the nearby boat launch. The area is also home to several parks and popular waterfront dining options, such as The Boathouse and The Pier, where you can indulge in delightful meals while watching boats sail by.

In addition to its proximity to the waterfront, 68-70 South George Street, Belleville, is conveniently located near downtown Belleville and Belleville General Hospital. For those who enjoy exploring, a short drive will take you to Prince Edward County, renowned for its world-class wineries and dining experiences. This makes the property not only a fantastic investment opportunity but also a gateway to a vibrant lifestyle.

In summary, this Multi-Family Home for sale in Belleville is a premium, lifestyle-driven investment in a highly desirable location, boasting exceptional income potential. With its strategic layout, strong projected income, and prime location, this property is a must-see for anyone looking to invest in the Belleville area. Don’t miss out on this incredible opportunity at 68-70 South George Street, Belleville!

Belleville Ward, nestled within the charming city of Belleville, offers a delightful blend of urban convenience and natural beauty. This picturesque area is characterised by its tree-lined streets, well-maintained parks, and a variety of local amenities, making it an inviting place for families and individuals alike. Residents can enjoy easy access to shops, cafes, and recreational facilities, all while being just a stone's throw away from the stunning waterfront along the Bay of Quinte. With a strong sense of local pride and a welcoming atmosphere, Belleville Ward provides a perfect backdrop for those seeking a vibrant yet tranquil lifestyle in a thriving community.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an excellent choice for families. Within a 2.4 km radius, you will find a variety of educational institutions catering to different age groups and language preferences. Queen Elizabeth School, just 1.2 km away, offers public education for grades JK to 8 and has a commendable rating of 4.5. For older students, Centennial Secondary School, located 2.3 km from the property, provides education for grades 7 to 12 and boasts an impressive rating of 5.5. Harry J. Clarke Public School, also nearby, specializes in French instruction for grades 4 to 8 and has a strong rating of 5.7. Additionally, St. Michael Catholic School, located only 1.1 km away, offers a Catholic education for grades K to 8 in both English and French, with a rating of 5.2. For secondary education, Nicholson Catholic College, just 1.2 km from the property, serves grades 9 to 12 and has a rating of 5.5. With a diverse range of educational options, this area is ideal for families seeking quality schooling for their children.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 576 residents, with an average household size of 1.9 individuals. The demographic profile reveals a mature community, with an average age of 55.4 years. The average household income stands at a robust $111,000, although 10.4% of the population falls under the low-income bracket. The average property price in the area is approximately $568,000, indicating a relatively affluent neighborhood. Single individuals make up 39.81% of the population, while households with children account for 16.22%. The community is diverse, with 8.33% of residents being immigrants. Renters represent 27.42% of the population, and condos are prevalent, comprising 48.39% of the housing stock. Education levels are high, with 61.9% of residents holding a college or university degree. However, a significant portion of the population, 70.48%, is not in the labor force, which may reflect retirement or other factors. Overall, this area offers a blend of stability, educational attainment, and a mix of housing options, making it an attractive location for potential buyers and investors.