2-Unit Conversion. Big Sidesplit on Big Lot for Only $499,900! Assigned

  • $499,900
  • 3 beds
  • 2 baths
  • 1465 sqft

Want a fantastic home at a big discount?

Here’s an attractive brick home on a big lot with lots of garage space and parking. All this for only $499,900! It’s well-maintained and move-in ready. It hasn’t been renovated recently and the new owner can renovate to their tastes. Situated in the Parkdale community of Belleville, it’s close to highway 401, Quinte Mall, Shorelines Casino, grocery stores, various restaurants, parks, and shopping.

How can you profit?
1) 2 UNIT RENTAL or BRRRR: If you renovate nicely, then rent the upper floors for approx $2500/month and the lower levels for $2250/month (Collect OVER $5000 per month with utilities!). You may want to turn the attached garage into living space since you also have a detached garage. Refinance out of a $600,000+ value.
2) Move In Now… comfortably live here as-is. Renovate slowly to suit your tastes. You’re buying with equity.
3) Show Your Clients…we’ll happily pay commissions! You’ll need to add a bit on top, but your clients will still thank you for this awesome discounted deal.

– LOCATION: Belleville, ON (College & Sidney St)
– PURCHASE PRICE: $499,900 Or Best Offer
AFTER REPAIR VALUE: $600,000+ but the premium lot and extra garages may increase this higher than expected.
– CLOSING: August 7, 2023 but there might be a LITTLE flexibility here. (This is an assignment sale.)
– TYPE: Detached, 4-Level sidesplit + crawlspace
– BEDS/BATHS: 3 Beds/2 Baths
– PARKING: 1.5 detached + attached 1-car, lots of parking.
– BASEMENT: Partially finished, has a large bedroom
– SQFT: 1465 sqft
– LOT: 70′ x 140′ is a Big Lot!
– AGE: 1969
– PROPERTY TAX: $4,240

– Some windows need replacement, but many are newer.
– Carpet is worn.
– Could use a fresh paint job.
– Electrical panel is fuses.
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.

– Roof done in 2016.
– Half the windows and doors are newer.
– Great curb appeal!
– Big deck to enjoy your big lot.

Please let us know if you want to view it or if you want us to email you the info package. (Comparable sales, MPAC info, and more…)
Thank you,
Josea Paul, Myra Afidchao, Aaron Moore & Tomomi Wang
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors

PS. PUSH HERE to get immediate access to these discounted deals as soon as they are available.

Belleville, ON
Square Feet:
Lot Size:
70' x 140'
Assignment of Contract
Property Type:
Year Built:
Const. Type:
Detached, 4-Level sidesplit + crawlspace

Call (647) 557-5979 for more details