8 Dunbar Street, Belleville

$299,900
8 Dunbar Street

$299,900

New
8d
Duplex1 1/2 Storey

8 Dunbar Street, Belleville

Total Monthly Obligation $1,855

Beds
3
Baths
2
Park
2
Sqft
1100-1500
DOM
8d
Score
31
Yield
8.3%
Cash on Cash
8.9%
Cap Rate
6.5%
5Y IRR
22.7%
10Y IRR
20.6%
Property Type-Duplex
MLS® Number-X14077888
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-56.08 × 65.8 ft
Listed on site-Oct 15, 2026
Style-1 1/2 Storey
Building Type-Duplex
Age-51-99
Taxes-$3,248.5 (2026)
Parking-2 - None
Basement-Full
Heating-Forced Air (Gas)
Brokerage-Re/Max Quinte Ltd.
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Stone
Sewer-Sewer
Possession-Immediate
Neighbourhood-Belleville Ward
Title-Residential Freehold

No agent assigned

ATTENTION ALL INVESTORS AND FIRST-TIME HOME BUYERS!!! This FULLY VACANT legal duplex presents an outstanding opportunity to generate immediate rental income or offset your mortgage by living in one unit while renting the other. Ideally located on a quiet street in Belleville's desirable West Hill, this property is within walking distance of downtown Belleville, the waterfront trail, shopping, restaurants, and local amenities. The bright and spacious main-floor unit features 2 bedrooms, 1 bathroom, and an abundance of natural light throughout. This unit was previously rented for $2,250 per month inclusive. Additional features include access to the basement laundry area with a washer and dryer. The upper-level bachelor suite was previously leased for $700/month and offers a functional layout with a kitchen, combined bedroom/sitting area, and a 3-piece bathroom, making it an attractive option for a single tenant or short-term rental opportunity. Operating costs are very reasonable, with combined hydro expenses averaging approximately $276 per month for both units, natural gas averaging just $49 per month, and water costs averaging approximately $85 per month. Whether you're looking to expand your investment portfolio or purchase your first home with built-in income potential, this fully vacant legal duplex offers flexibility, strong rental potential, and an excellent location. ***NO OFFERS WILL BE REVIEWED PRIOR TO TUESDAY, OCTOBER 20TH AT 5:00PM****

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$239,920
Land Transfer Taxes$2,974
Legal Fees (Est.)
$
Total cash required for closing$64,454

Total Monthly Obligation

$1,855/mo
Mortgage $1,210
Monthly Loss $1,537
Principal$318
Interest$891
Property Tax$271
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.9%37
Cash-on-Cash
0.3%8
5-Year IRR
16.1%78
10-Year IRR
15.6%
Returns Index
41.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
31/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$24,960/yr
NOI
$14,716/yr
Net Cash Flow
$17/mo
Cash Margin
0.8%6
Cash Flow Index
5.5/ 100
Risk Profile
Weight: 20%
DSCR
1.0128
LTV Ratio
80.0%18
Vacancy Buffer
5.1 mo84
Risk Index
43.5/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 8 Dunbar Street

Time

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