Gurvinder Nokwal REALTOR®
For Sale Multiplex 69 days on market

$1,999,000

Est. payment $8,851/moCalculate yours

45 Black Diamond Road, Belleville, ON K8N 0N6

Thurlow Ward, Belleville, ON K8N 0N6

  • 0 Beds
  • 9 Baths
  • 3 Garage
  • 700 Sq Ft
Map

Listing courtesy of Royal Lepage Proalliance Realty MLS® X13659154

About this home

Exceptional investment opportunity featuring nine detached residential rental units on one 2.74-acre parcel, conveniently located on Black Diamond Road just minutes from Highway 401. Fully rented and family owned since 1978, this established income-producing property is serviced by municipal water, municipal sewer and natural gas. The unit mix includes six 2-bedroom homes, two 3-bedroom homes and one 1-bedroom home, with many of the units having received updates over the years. Capital improvements include five newer furnaces and nine separate 100-amp electrical panels. The property also includes a detached 2.5-car garage and a detached single-car garage, providing additional storage and functionality. Frontage on two separate roads offers convenient access and added flexibility. One tenant currently manages snow removal and lawn maintenance, helping to reduce operating expenses. Ideally suited to investors seeking to expand their portfolio or multi-generational families looking for separate residences on one property, this unique offering provides established rental income, long-term potential and convenient access to major routes, amenities and services. Properties of this size and configuration are rarely available.

Property details

Overview

Property Type
Multiplex
Style
Bungalow
For
For Sale
Status
New
Size
700 sqft

Interior

Bedrooms
0
Bathrooms
9
Kitchens
0
Basement
Crawl Space

Building & Systems

Heating
Forced Air (Gas)
Cooling
None
Exterior
Vinyl Siding
Foundation
Unknown
Roof
Asphalt Shingle
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
608.65 x 480.44 Feet
Parking
Detached garage · 21.5 total

Financial

Property Taxes
$12,504 (2025)

Location

Neighbourhood
Thurlow Ward
Cross Street
Cannifton Road / Black Diamond Road
Direction Faces
North

Listing

MLS® Number
X13659154
Days on Market
69
Listed On
2026-08-10
Possession
Flexible
Listed By
Royal Lepage Proalliance Realty

Features

Interior

  • None

Pool

  • None
Included
None
Excluded
Appliances
Rental items
Hot water tank

Mortgage calculator

Minimum for this price: $399,800 (20%)

Amortization, years

Estimated mortgage payment

$8,851 per month

Principal and interest
$8,851
Property tax
$1,042
Estimated monthly cost
$9,893

Your mortgage

Mortgage amount
$1,599,200
Mortgage insurance
Not needed
Interest over 25 years
$1,056,142

Cash to close

Down payment
$399,800
Land transfer tax
$36,455
Total, before legal fees
$436,255
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

45 Black Diamond Road, Belleville, ON K8N 0N6 Thurlow Ward, Belleville, ON K8N 0N6
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$1,999,000 45 Black Diamond Road, Belleville, ON K8N 0N6
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