465 Dundas Street W

465 Dundas Street W

Belleville · Investment · For sale

$400,000
Use typeInvestment
Business typeApts - 2 To 5 Units
Lot size55.7 × 268.38 ft
Building area2244 sq ft
Property taxes$3,400/yr

An exceptional investment opportunity, this fully occupied triplex features three distinct two-bedroom, one-bathroom suites. The two front ground-floor units benefit from exclusive basement access for extra storage, and each apartment is individually metered for complete utility independence, with tenants paying their own gas, hydro, and water. Every unit includes its own dedicated heating and hot water system, highlighted by a new gas furnace installed in Unit B in 2022 and well-maintained windows throughout. Situated on a surprisingly expansive lot with a large backyard, the property currently operates under grandfathered residential use but carries a flexible C3 commercial zoning - offering incredible long-term potential for future business conversion or strategic redevelopment. The monthly rents are as follows; in addition they pay their own heat, hydro, water etc. Unit: 465A - $784.50, Unit: 465B - $830.00, Unit: 466C - $758.50. There are no leases in place. They are all long-term, reliable tenants.

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Listing facts from the live MLS® feed · listed by Exit Realty Group. AskEmma does not provide a fairness verdict or valuation on commercial property. Commercial real estate services are provided by Alex Goodman, Sales Representative, RE/MAX Your Community Realty, Brokerage.