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465 Dundas Street

465 Dundas Street

Belleville, ON

  • 6 bed
  • 3 bath
  • approx. 2000-2500 sqft
  • Triplex
  • 13 days on market
$400,000

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.

Listing Details

Taxes (2026)
$3,573
Listed
September 4, 2026

Price History

Listing history

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Property

Style
Bungalow
Construction
Stucco (Plaster)
Roof
Shingles
Foundation
Concrete Block
Interior
Primary Bedroom - Main Floor, Water Heater Owned
Lot Size
55.7 x 268.38 Feet

Parking

Garage
None
Covered Spaces
0
Total Parking
6

Utilities

Sewer
Septic
Heat Source
Gas

Location & Legal

Cross Street
Dundas St W & Avondale Rd
Parcel Number
404270019
Possession
Flexible
Occupancy
Tenant

Included

Inclusions
2 Fridges, 2 Stoves in Unit A & B, 3 HWTs
Exclusions
3 Washers, 3 Dryers, Window Air Conditioners; Fridge & Stove - Unit C
Rental Items
None

Schools

Elementary

  • Sir James Whitney School for the Deaf0.8 km

    Provincial · Provincial and Demonstration Schools

  • Sir James Whitney/Sagonaska Elementary School0.8 km

    Provincial · Provincial and Demonstration Schools

  • Sir John A Macdonald Public School1.1 km

    Public · Hastings & Prince Edward DSB · 240 students

    Grade 3 reading: 82% met the provincial standard · Grade 6 math: 70% met the provincial standard

Secondary

  • Sir James Whitney School for the Deaf0.8 km

    Provincial · Provincial and Demonstration Schools

  • Sir James Whitney/Sagonaska Secondary School0.8 km

    Provincial · Provincial and Demonstration Schools

  • Centennial Secondary School1.3 km

    Public · Hastings & Prince Edward DSB · 930 students

    Grade 10 literacy: 81% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area K8P

Population
23,166
Private dwellings
10,592
Median age
44.4
Average household size
2.2
Median household income
$64,500

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Freehold in Belleville · last 12 months

Median sold price
$505,000
Homes sold
744
Median days on market
32
Sale-to-list price
97.2%

Based on 744 recorded sales of residential freehold properties in Belleville over the last 12 months.

Rooms

3 × 4-piece on Ground

Ground

  • Bathroom9'1" x 5'8"
  • Bathroom10' x 5'2"
  • Bathroom9'9" x 5'
  • Bedroom 210' x 9'3"
  • Bedroom 29'9" x 9'3"
  • Bedroom 212'6" x 9'7"
  • Dining Room8'8" x 6'
  • Dining Room12'10" x 5'5"
  • Foyer12' x 3'8"
  • Kitchen12'10" x 12'
  • Kitchen12'10" x 11'11"
  • Kitchen8'8" x 5'11"
  • Laundry12'8" x 4'11"
  • Living Room15'11" x 12'10"
  • Living Room12'8" x 12'7"
  • Living Room12'10" x 10'4"
  • Primary Bedroom12'10" x 9'5"
  • Primary Bedroom12'10" x 9'9"
  • Primary Bedroom12'8" x 9'9"

Basement

  • Utility Room22'10" x 12'10"
  • Utility Room22'5" x 12'10"

Listed by

Exit Realty Group

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$80,000

Estimated Monthly Payment

$1,965

Land transfer tax

Estimated land transfer tax$4,475

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $1,965/mo (20% down, 5.5%)

Taxes: $298/mo · Insurance: $100/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions 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.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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