Gurvinder Nokwal REALTOR®
For Sale Multiplex 66 days on market

$1,100,000

Est. payment $4,871/moCalculate yours

205 Charles Street, Belleville, ON K8N 3M3

Belleville Ward, Belleville, ON K8N 3M3

  • 6 Beds
  • 6 Baths
  • 3,500 Sq Ft

Listing courtesy of Re/Max Quinte Ltd. MLS® X13670716

About this home

ATTENTION INVESTORS - 5-PLEX IN BELLEVILLE’S OLD EAST HILL! A unique investment opportunity awaits on historic Charles Street in Belleville’s sought-after Old East Hill neighbourhood. This fully tenanted 5-plex consists of a fully renovated two-storey, semi-detached 2-bedroom + den unit, renovated approximately five years ago, along with four 1-bedroom apartments. With over $60,000 in recent improvements, this meticulously cared-for property offers an attractive combination of character, functionality, and established rental income.Steeped in history, the property showcases the architectural charm of a century home while incorporating modern conveniences. With five residential units and coin-operated laundry on-site, the property provides practical amenities for tenants and a compelling opportunity for investors.Located in the heart of Old East Hill, residents are surrounded by mature streetscapes, established neighbourhoods, local amenities, and the character that makes this part of Belleville so desirable.Whether you’re an experienced investor looking to expand your portfolio or exploring your first multi-residential acquisition, 205 Charles Street offers the opportunity to own a piece of Belleville history while investing in a well-maintained, fully tenanted 5-unit property.

Property details

Overview

Property Type
Multiplex
Style
2-Storey
For
For Sale
Status
New
Size
3,500 sqft

Interior

Bedrooms
6
Bathrooms
6
Kitchens
5
Basement
Full, Unfinished

Building & Systems

Heating
Forced Air (Gas)
Cooling
None
Exterior
Brick
Foundation
Stone
Roof
Asphalt Shingle
Water
Municipal
Sewer
None

Lot & Parking

Lot Size
71 x 160 Feet
Parking
None garage · 11 total

Financial

Property Taxes
$7,776 (2026)

Location

Neighbourhood
Belleville Ward
Cross Street
Bridge & Charles
Direction Faces
East

Listing

MLS® Number
X13670716
Days on Market
66
Listed On
2026-08-13
Possession
Flexible
Listed By
Re/Max Quinte Ltd.

Features

Interior

  • None

Pool

  • None
Included
x5 Stoves, x5 Fridges, x2 Washer, x2 Dryer, x1 Dishwasher
Excluded
Tenants Belongings
Rental items
Hot Water Tank - Reliance

Mortgage calculator

Minimum for this price: $85,000 (7.73%)

Amortization, years

Estimated mortgage payment

$4,871 per month

Principal and interest
$4,871
Property tax
$648
Estimated monthly cost
$5,519

Your mortgage

Mortgage amount
$880,000
Mortgage insurance
Not needed
Interest over 25 years
$581,169

Cash to close

Down payment
$220,000
Land transfer tax
$18,475
Total, before legal fees
$238,475
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

205 Charles Street, Belleville, ON K8N 3M3 Belleville Ward, Belleville, ON K8N 3M3
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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).

$1,100,000 205 Charles Street, Belleville, ON K8N 3M3
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