Listed for:Listed Aug 10, 2026
$1,999,000

45 Black Diamond Road

Belleville (Thurlow Ward), ON K8N 0N6

Multiplex For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
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Sale & Price History for 45 Black Diamond Road, Belleville, Thurlow Ward

No listing history available

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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 45 Black Diamond Road, Belleville, Thurlow Ward

Summarized Description

  • Nine rental units on a large 2.74-acre parcel.
  • Fully rented with established income since 1978.
  • Includes capital improvements and newer furnaces.
  • Two detached garages for additional storage.
  • Frontage on two roads for convenient access.
  • Ideal for investors or multi-generational families.
  • Long-term potential with reduced operating expenses.
  • Rare investment opportunity with updated units.

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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$12,504
Land Transfer Tax Fee
$36,455

Rental Items

Rental Equipment
Hot water tank

Basement Type
Crawl Space

Interior Features

Interior Extras
None
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Multiplex
Building Style
Bungalow

Construction

Exterior Finish
Vinyl Siding
Roof
Asphalt Shingle
Foundation Details
Unknown
Special Designation
Unknown

Lot

Lot Front
608.65 ft
Lot Depth
480.44 ft
Lot Shape
Irregular

Inclusions

Inclusions
None

Exclusions

Exclusions
Appliances

Parking & Garages

Garage Type
Detached
Garage Spaces
4
Parking Spaces
18
Total Garage And Parking Spaces
22

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
None
Water
Municipal
Sewers
Sewer
Natural Gas
Yes
Hydro
Yes
Cable
Available
Telephone
Available

Washrooms
9

Washrooms

  • 4-piece, Main

Municipality
Belleville
Neighbourhood
Thurlow Ward
Main cross streets
Cannifton Road / Black Diamond Road
Directions
Cannifton Road/Black Diamond Road

MLS® number
X13659154
Data source
Toronto Regional Real Estate Board
Listed on
2026-08-10
Updated on
2026-08-10
Days on market
68 days
Possession type
Flexible
Co-op commission
2%
Seller
Listed by
ROYAL LEPAGE PROALLIANCE REALTY

Home Market Value

Current home valuation for 45 Black Diamond Road, Belleville, Thurlow Ward, Belleville, ON. Listed for $1,999,000

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Estimated Sales Range

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HOMEH Estimate for 45 Black Diamond Road, Belleville, Thurlow Ward

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Belleville, ON
Minimum Down Payment Required:20.0%

20% required for homes $1.5M or more

Minimum down payment

$399,800

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=Total mortgage
$1,599,200$1,499,250$1,399,300$1,299,350
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=Mortgage payment
$7,808monthly$7,320monthly$6,832monthly$6,344monthly
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Land Transfer Tax

Provincial

$36,455

Total Land Transfer Tax

$36,455

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