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35 Union Street
Belleville Ward Belleville K8P 2B5

$10,499,000 /For Sale
Commercial

Main Photo: 35 Union Street in Belleville: Belleville Ward Commercial for sale : MLS®# X12991268
Photo 1: 35 Union Street in Belleville: Belleville Ward Commercial for sale : MLS®# X12991268
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Photo 34: 35 Union Street in Belleville: Belleville Ward Commercial for sale : MLS®# X12991268
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X12991268
Bus Major:
Apts - Over 20 Units
Fantastic Investment Opportunity To Acquire This Well Maintained And Fully Tenanted 45 Suite Residential Apt Building. Consists Of 35-2 Bedroom Suites & 10-1 Bedroom Suites, Tenant Pays Their Own Heat & Hydro. Many Improvement Have Been Made To This Turn Key Building Conveniently Located Close To All Amenities Schools, Parks, Shopping & Recreational Center. Many Units Rented To Long Term Aaa Tenants. Fully Occupied W/Long Waiting List, The Building Is Monitored By Security Camera System ***Assumable 1st Mortgage Approximately 4.7Mil @3.50% Interest, Maturing December 1st, 2027 & 2nd Mortgage Available By Seller @ 3.5% Interest Rate With 25% Down Payment.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
75842 sq. ft. Square Feet
Total Area:
1.74 acre(s)
Lot Depth:
490'9"
Lot Frontage:
256'4"
Lot Shape:
Irregular
Water supply:
Municipal
Zoning:
R6-Multi-Residential
Heating type:
Baseboard
Garage:
None
Possession Details:
TBA
Lot Irregularities:
102.68ft x 256.31ft x 490.72ft x130
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$99,662.7 / 2026
Assessment:
$- / -
Hastings
Belleville
Belleville Ward
No
45 Fridges, 45 Stoves, 4 Washers & 4 Dryers (Owned), Security Cameras System.
None
No
Utilities:
Yes
Sewers:
Sanitary+Storm
Air Conditioning:
No
Seller Property Info Statement:
No
Financial Statements:
Yes
Major Business Type:
Apts - Over 20 Units
Category:
Apartment
Franchise:
No
Chattels:
No
Date Listed:
Apr 13, 2026
Original Price:
Previous Price:
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Listed by HOMELIFE/FUTURE REALTY INC.
Data was last updated April 14, 2026 at 05:15 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.