Was listed for:Expired Nov 30, 2025
$1,299,000

193 Victoria Avenue

Belleville (Belleville Ward), ON K8N 2B9

Multiplex ExpiredNot available

Property not available for sale or for rent.

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Sale & Price History for 193 Victoria Avenue, Belleville, Belleville Ward

2025-01-10
2025-11-30
Expired
Price
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MLS#
x11918511
2024-10-16
2025-01-10
Terminated
Price
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 193 Victoria Avenue, Belleville, Belleville Ward

Reduced price on this prime investment opportunity to own a fully occupied, 6 unit income producing residential apartment building for sale, on 0.14 acres of land (6,275 SF). Solid brick building with newer roof shingles which were replaced in 2021 with 40+ year expected lifespan. Attractive location in a quiet but vibrant & walkable residential area not far from downtown Belleville & thus in high demand for residential apartments with strong, consistent rental occupancy. Secure entry & shared parking lot with 6 spots including one for each tenant. Updated (as of July 2025) financial information including revenue & expenses available upon request. Proposed agreements of purchase & sale may be submitted to listing brokerage at any time. Opportunity to increase value substantially as recent turnover has seen rental increases of over 74% as well as the potential to increase profitability further by reducing the operating or management expenses if possible. Whether you are a seasoned investor or wanting to enter the multifamily market with a high quality asset, this property provides an ideal combination of location, construction quality, and steady growth potential. Don't miss out on this exceptional opportunity to invest in a turn-key property in a high quality neighborhood & growing market!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$8,190
Land Transfer Tax Fee
$22,455

Basement Type
Apartment

Interior Features

Interior Extras
Carpet Free
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Multiplex
Building Style
2-Storey
Approx Age
31-50

Construction

Exterior Finish
Brick
Roof
Shingles
Foundation Details
Concrete
Special Designation
Unknown

Lot

Lot Front
51.10 ft
Lot Depth
155.85 ft
Lot Shape
Irregular

Parking & Garages

Garage Type
None
Garage Spaces
4
Parking Spaces
4
Total Garage And Parking Spaces
4

Heating & Cooling

Heat Source
Electric
Heat Type
Baseboard
Air Conditioning
None
Water
Municipal
Sewers
Sewer

Bedrooms
8 + 2
Washrooms
6
Kitchens
6
Family / bonus room
Yes

Washrooms

  • 4-piece

Municipality
Belleville
Neighbourhood
Belleville Ward
Main cross streets
Chatham St.

MLS® number
X11918511
Data source
Toronto Regional Real Estate Board
Status change
2025-11-30
Listed on
2025-01-10
Days on market
324 days
Possession date
2025-02-01
Possession type
February 1, 2025
Co-op commission
2
Seller
Listed by
MARINO LOCATIONS LIMITED

Home Market Value

Current home valuation for 193 Victoria Avenue, Belleville, Belleville Ward, Belleville, ON. Listed for $1,299,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 193 Victoria Avenue, Belleville, Belleville Ward

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

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Belleville, ON
Minimum Down Payment Required:8.1%

5% on first $500K + 10% on $799,000 over $500K

Minimum down payment

$104,900

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
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%
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+CMHC insurance
$47,751$36,242$30,916$0
=Total mortgage
$1,241,532$1,205,342$1,135,066$1,039,200
Amortization
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%
%
%
Payment frequency
=Mortgage payment
$6,062monthly$5,885monthly$5,542monthly$5,074monthly
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Land Transfer Tax

Provincial

$22,455

Total Land Transfer Tax

$22,455

Around this home

8/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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