5-7 BOSWELL STREET Open House Save Request In-Person Tour Request Virtual Tour
Belleville (belleville Ward),ON K8P3K7
OPEN HOUSE
Sun Jul 13, 1:00pm - 2:30pm
Key Details
Property Type Townhouse
Sub Type Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $199
Subdivision Belleville Ward
MLS Listing ID X12253720
Bedrooms 6
Property Sub-Type Townhouse
Source Central Lakes Association of REALTORS®
Property Description
This type of property presents an ideal opportunity for an owner-occupier to live on-site and offset a significant portion of their monthly mortgage with rents from the other apartments, or for a multi-generational family seeking accommodations. This unique setup offers affordable homeownership with the added convenience of living on-site, thereby eliminating the need and cost of a property management company. Situated just a short walk from downtown, steps from a major transit route, close to schools, shopping, and many essential amenities, making it highly desirable for tenants and investors alike. The property consists of three well-maintained two-bedroom residential units. Long-term tenants currently occupy two, while the third unit (5) is vacant and move-in ready, offering the new owner the ability to set the rent and choose their own tenants. All three units have been extensively updated, featuring major capital improvements that include full plumbing and electrical upgrades, including 3vnew panels. New windows & exterior doors. All 4-piece bathrooms have been remodeled and moved to the main floor. New soffits, fascia, and eaves were installed in 2018, along with new shingles. Vinyl flooring in the kitchens and bathrooms was also updated. All 3 natural gas furnaces & owned HWTs (one installed in April 2025) were replaced. 5 Boswell had the hardwood professionally refinished, a brand-new kitchen installed, and the interior painted. Some additional great features include: laundry hook-ups. Interconnected smoke and CO detectors. Open-concept main floor layouts with eat-in kitchens. A carpet-free building with approximately 80% being the original hardwood flooring. Private outdoor space for each unit, featuring a rear deck and a dedicated storage shed for each tenant. Large parking area & maintenance-free exterior. This property offers a 6.3% cap rate with significant growth potential. See for yourself, the vacant unit is very easy to show, 24 hrs for others. (id:24570)
Location
Province ON
Rooms
Kitchen 3.0
Extra Room 1 Main level 3.77 m X 3.44 m Kitchen
Extra Room 2 Main level 3.77 m X 3.44 m Kitchen
Extra Room 3 Main level 3.67 m X 3.14 m Kitchen
Extra Room 4 Main level 3.37 m X 4.06 m Dining room
Extra Room 5 Main level 3.39 m X 3.89 m Dining room
Extra Room 6 Main level 3.37 m X 4.06 m Dining room
Interior
Heating Forced air
Flooring Hardwood
Fireplaces Number 1
Exterior
Parking Features No
Community Features School Bus
View Y/N No
Total Parking Spaces 6
Private Pool No
Building
Story 1.5
Sewer Sanitary sewer
Others
Ownership Freehold