For Sale · MLS# X13094468
Active

$989,000

241 BELLEVUE DRIVE

6Bedrooms 3Bathrooms 2,000Sq Ft

About this home

Exceptional investment opportunity just minutes from Loyalist College. This 6-bedroom, 3-bathroom, 3-kitchen fully finished bungalow offers over 5400 sq.ft. of total living space, ideal for maximizing student rental income in a high-demand location. Space for 8+ students occupancy, the property supports strong rental potential with market rents typically ranging between $800 - $1,000 per month per tenant. The layout is highly functional, featuring three separate kitchen areas, allowing multiple tenants to comfortably share the space while reducing congestion - an essential feature for student housing. The home includes large common living areas, perfect for group study, social gatherings, and student living, helping to attract and retain tenants. Additional highlights include hardwood flooring throughout most of the main level bedrooms, a large front deck, and a private backyard, all contributing to tenant appeal. A standout feature is the expansive parking area, accommodating multiple vehicles - ideal for student tenants. At the rear of the property, a large gravel area offers potential for additional income through garage leasing or yard storage, creating multiple revenue streams beyond residential rents. Conveniently located near amenities, transit, and with quick access to the 401, this property is perfectly positioned for consistent occupancy and long-term growth. Multiple kitchens. High occupancy potential. Strong rental demand. Added income opportunities. A rare chance to secure a high-performing student rental property with both immediate cash flow and future upside in Belleville. Photos have been enhanced using AI. (id:66036)

Property facts

Property type
House
Building type
House
Living area
2,000 sqft
Lot size
167.3 x 267.3 FT|1/2 - 1.99 acres
Lot frontage
167 ft ,3 in
Lot depth
267 ft ,3 in
Basement
N/A (Finished) Finished
Heating
Natural gas Forced air
Cooling
Central air conditioning
Fireplace
Yes

Listing courtesy of

Royal LePage Frank Real Estate
Listed by: LONNIE HERRINGTON
Phone: (905) 666-1333

The trademarks REALTOR®, REALTORS® and MLS® are controlled by The Canadian Real Estate Association (CREA). Listing data via CREA DDF®.

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