$529,900
↓ $40,000 from $569,900
Est. payment $2,346/moCalculate yours
270 Colonial Road, Belleville, ON K8R 1B9
Belleville Ward, Belleville, ON K8R 1B9
- 3 + 2 Beds
- 2 Baths
- 1 Garage
- 700 Sq Ft
Listing courtesy of Royal Lepage Proalliance Realty MLS® X13644612
About this home
**Motivated Sellers!** This raised bungalow has two separate units and is fully tenanted with great tenants, making it a turnkey investment opportunity. The main level features a spacious 3-bedroom, 1 four-piece bathroom unit currently generating $2,200/month. While the bright and updated lower-level unit offers 2 bedrooms, 1 bathroom, and brings in $1,900/month. Both rents are all-inclusive of utilities. Each unit enjoys the convenience of its own private entrance and separate laundry, providing privacy and functionality for tenants. The lower unit has been thoughtfully updated and offers a spacious, bright layout. Outside, the property features a generous yard with plenty of outdoor space to enjoy.Whether you’re looking to expand your investment portfolio or own a property with strong, reliable rental income, this fully occupied property offers immediate cash flow and exceptional value.
Property details
Overview
- Property Type
- Detached
- Style
- Bungalow-Raised
- For
- For Sale
- Status
- Price Change
- Size
- 700 sqft
Interior
- Bedrooms
- 3 + 2
- Bathrooms
- 2
- Kitchens
- 2
- Basement
- Full, Finished, Walk-Up, Apartment, Separate Entrance
Building & Systems
- Heating
- Baseboard (Electric)
- Cooling
- None
- Exterior
- Brick
- Foundation
- Block
- Roof
- Shingles
- Water
- Municipal
- Sewer
- Septic
Lot & Parking
- Lot Size
- 120.05 x 153.81 Feet
- Parking
- Attached garage · 5 total
Financial
- Property Taxes
- $3,662 (2026)
Location
- Neighbourhood
- Belleville Ward
- Cross Street
- Moira St W to Colonial Rd
- Direction Faces
- East
Listing
- MLS® Number
- X13644612
- Days on Market
- 73
- Listed On
- 2026-08-06
- Possession
- Flexible
- Listed By
- Royal Lepage Proalliance Realty
Rooms
Features
Interior
- Carpet Free
- In-Law Suite
Property
- Golf
- Hospital
- Place Of Worship
Pool
- None
- Included
- 2 Fridges, 2 Stoves, 2 Stacked Washer/Dryer Combos, 1 Dishwasher
- Excluded
- Tenant Belongings
- Rental items
- Hot Water Tank
Mortgage calculator
Estimated mortgage payment
$2,346 per month
- Principal and interest
- $2,346
- Property tax
- $305
- Condo fees
- $0
- Estimated monthly cost
- $2,651
Your mortgage
- Mortgage amount
- $423,920
- Mortgage insurance
- Not needed
- Interest over 25 years
- $279,965
Cash to close
- Down payment
- $105,980
- Land transfer tax
- $7,073
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $113,053
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates 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
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