
List Price: $18,500,000
228 Dundas Street, Belleville, K8N 1E4
- By RE/MAX QUINTE LTD.
Investment|MLS - #X12252701|New
Bed
Bath
42000 Sqft.
None Garage
Client Remarks
Unlock a standout investment in Belleville's bustling East End. This multi-unit property has a total of 66 units. There are currently 33 units rented to CMHA as well as office space. There are 30 units rented individually. (Rent Roll available). There are numerous common areas including a kitchen dining area and lounge areas. There are also coin operated laundry rooms on each level. At its core is a dependable not-for-profit organization, secured under a 10-year lease and occupying office space alongside 66 residential units providing stable, long-term cash flow. Belleville General Hospital has leased the back parking lot for employees of QHC starting in Sept 2025. A full-scale renovation in 2023 brought major system upgrades, including electrical, plumbing, and security infrastructure, while also enhancing interiors with sleek kitchenettes, contemporary bathrooms, and durable, stylish flooring throughout. The result? A fully modernized, low-maintenance property delivering robust monthly and annual income with minimal overhead. Set in a high-demand location, it benefits from excellent transit access, nearby amenities, and a strong local tenant base making it an ideal fit for investors seeking both immediate yield and long-term security. Belleville's East End continues to grow as a vibrant, up-and-coming district, making this an ideal time to invest in a well-positioned asset with proven returns. Whether you're expanding your portfolio or seeking a cornerstone investment, this property offers a compelling mix of performance, potential, and peace of mind. Opportunities like this don't come often position yourself for success with a property that delivers on all fronts.
Property Description
228 Dundas Street, Belleville, K8N 1E4
Property type
Investment
Lot size
N/A acres
Style
Approx. Area
42000 Sqft
Home Overview
Last check for updates
Virtual tour
N/A
Basement information
Building size
42000
Status
In-Active
Property sub type
Maintenance fee
$N/A
Year built
--

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Shally Shi
Sales Representative, Dolphin Realty Inc
English, Mandarin
Commercial PropertiesProperty Management
Mortgage Information
Estimated Payment
$0 Principal and Interest
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