$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
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
Estimated mortgage payment
$8,851 per month
- Principal and interest
- $8,851
- Property tax
- $1,042
- Condo fees
- $0
- 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
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $436,255
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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