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108 Moira Street W
Belleville Ward Belleville K8P 1S9

$549,900 /For Sale
Commercial

Main Photo: 108 Moira Street W in Belleville: Belleville Ward Commercial for sale : MLS®# X12570026
Photo 1: 108 Moira Street W in Belleville: Belleville Ward Commercial for sale : MLS®# X12570026
Photo 2: 108 Moira Street W in Belleville: Belleville Ward Commercial for sale : MLS®# X12570026
Photo 3: 108 Moira Street W in Belleville: Belleville Ward Commercial for sale : MLS®# X12570026
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Photo 23: 108 Moira Street W in Belleville: Belleville Ward Commercial for sale : MLS®# X12570026
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X12570026
Bus Major:
Apts - 6 To 12 Units
QUICK CLOSE IN 2025 - AFFORDABLE MULTI-RESIDENTIAL INVESTMENT IN THE HEART OF THE BAY OF QUINTE. ******************************* List price UNDER $92,000 per suite. ********************************** This solid all-brick, 3-storey 6-plex features six 2-bedroom units, a long history of full occupancy, and an unbeatable west-end Belleville location just steps from vibrant, historic downtown Belleville and the scenic Moira River & waterfront trail. Enjoy top-tier walkability with beloved local spots like Small Scale Bread, L'Auberge de France, and The Local Social House only moments away - an attractive draw for quality residents and visitors alike. Financials for 2025 show Gross Revenue exceeding $80,000 annually and a Net Operating Income of approximately $45,000, with an allowance for an 8% Management / Maintenance Fee (currently self-managed) delivering an impressive return on investment. With current average rents sitting well below market, there is significant upside to reposition this asset for income growth. Two separate laundry and utility rooms for tenant convenience. Don't miss this chance to secure at an affordable price a stable, well-located multi-residential asset in the Bay of Quinte - one of Ontario's fastest-growing and most desirable communities. Don't miss attached brochure - Investing in Belleville in the Bay of Quinte Area. ****************************************Offers to be reviewed Wednesday, November 26th at 4 pm. Please send offers to Sean@RemaxQuinte.com *********************************
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Approx. Age:
51-99
Total Area:
3956 sq. ft. Square Feet
Total Area:
3,956 sq. ft.
Lot Depth:
99'7"
Lot Frontage:
100'6"
Lot Shape:
Rectangular
Water supply:
Municipal
Zoning:
R3 - Residential Type 3
Heating type:
Baseboard
Survey Available:
No
Garage:
None
Parking Spaces:
6
Possession Details:
Flexible
Lot Irregularities:
137.84 Rear x 93.48 East
HST Applicable To Sale Price:
Included In
Assessment:
$437,000
Assessment Year:
2025
Development Charges Paid:
Yes
Type Taxes:
Annual
Taxes:
$8,442 / 2025
Assessment:
$437,000.00 / 2025
Hastings
Belleville
Belleville Ward
Greenbelt/Conservation, Public Transit
None
6 Fridges, 6 Stoves, 2 Washers, 2 Dryers
All tenant possessions and furniture
None
No
UFFI:
No
Utilities:
Yes
Energy Certification:
No
Green Property Information Statement:
No
Air Conditioning:
No
Seller Property Info Statement:
No
Physically Handicapped-Equipped:
No
Financial Statements:
Yes
Gross income:
$80,474.16
Net Income Before Debt:
$45,469.93
Expenses Actual/Estimated:
Actual
Hydro Expenses:
$7,600.55
Insurance Expenses:
$8,000
Management Expenses:
$6,437.93
Tax Expenses:
$8,442
Water Expenses:
$4,523.75
Year Expenses:
2025
Business/Building Name:
108 Moira Street
Major Business Type:
Apts - 6 To 12 Units
Category:
Apartment
Franchise:
No
Chattels:
No
LLBO:
No
Outside Storage:
No
Date Listed:
Nov 23, 2025
Original Price:
Previous Price:
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Listed by RE/MAX QUINTE LTD.
Data was last updated November 25, 2025 at 04:15 PM (UTC)
DARYL  KING
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Why Invest in Apartment Buildings for Sale?

Owning an apartment building for sale provides unique advantages:

  • Multiple rental units generate consistent monthly income
  • Economies of scale make property management more efficient
  • Opportunity to increase property value through renovations and upgrades
  • High demand for rental housing in urban and suburban markets

What to Look for in Apartment Buildings for Sale

When evaluating apartment buildings for sale, consider:

  • Vacancy rates and tenant demand in the area
  • Location and proximity to transit, schools, and employment hubs
  • Building condition, age, and potential maintenance costs
  • Current rental income and future appreciation potential

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Whether you’re looking for small multi-family units or larger residential complexes, we offer a wide selection of apartment buildings for sale to match your investment goals. Let us help you find a property that offers steady income and long-term value.

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FAQs – Apartment Buildings for Sale

1. Are apartment buildings a good investment?
Yes, apartment buildings provide steady rental income, potential tax benefits, and property value appreciation over time.

2. What should I consider before buying an apartment building?
Evaluate location, tenant demand, building condition, rental income, and management costs.

3. Can first-time investors buy apartment buildings?
Yes, many financing options are available for new investors, including CMHC-backed loans and commercial mortgages.

4. How many units are considered an apartment building?
Typically, any property with five or more units is classified as an apartment building for investment purposes.

5. Where can I find apartment buildings for sale?
You can find listings across major cities and growing suburbs where rental demand remains strong.