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MLS® X13659154
Belleville, ON
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.
Inclusions
None
Exclusions
Appliances
Broker
Royal Lepage Proalliance Realty
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Multiplex
45 Black Diamond Road Belleville
Belleville
Type
Multiplex
Basement
Crawl Space
Parking
Detached (21.5)
Property Tax
~$12,504/yr
Heating
Forced Air
Buying Essentials
Square Feet
900 sqft
Facing Direction
North
Parking
Detached (21.5)
Finances
List Price
$1,999,000
Price per SQFT
$2,221/sqft
Property Tax
~$12,504/yr
Property Specs
Property Type
Multiplex
MLS Size
900 sqft
Basement
Crawl Space
Living & Amenities
Heating Type
Forced Air
Features
None
Policies & Utilities
Neighbourhood
Belleville
Listed On
Aug 10, 2026
Days on Market
Current: 89 days
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