$699,000
Available - For Sale
Listing ID: X12015755
25 Manley Dr , Belleville, K8N 4Z4, Ontario


One of a kind 7000+ sq. ft 2 storey 4-plex 5 mins East of Belleville sitting on a 1.69 acre lot. Looking for a unique investment property that stands apart from the usual run of the mill cramped living quarters so many have to offer? The old Point Anne School, originally built in 1908, is anything but run of the mill. This converted school house was completely redesigned and renovated in 2007. Creating 4 spacious, majestic suites that are anything but standard. Starting with 12-foot soaring ceilings, towering windows, and stately principal rooms and finishes in each unit. Add a parking area large enough for 10+ cars and an acre of cleared green space for a yard and you have 25 Manley Drive. Other key features include a top drawer interconnected fire alarm system and updated fire safety plan done in the last 5 years. Each apt has its own owned HWT, a forced air propane furnace (2007), and are separately metered with newer electrical panels and wiring (2007). Two of the units have laundry and all of them have full 4 piece baths. The main floor consists of two 2-bedroom units and a 1-bedroom apt. The entire second floor is a massive 2400+ sq foot 3-bedroom unit. Not to mention the unfinished basement has been spray foamed after an energy audit was conducted in 2007 amidst the major renovations for lots of additional dry storage space. Newer flooring in two of the units, shingles redone in 2023, and the flat roof was replaced in the last 6 years. 3 long term tenants have been there over 7 years and one new tenant. All tenants pay their own heat and hydro, the Landlord pays for water and a small portion of hydro for common space. Property is managed by local PM company. Income and expense statement and original architectural drawings & floor plans from the major renovation in 07 are available. 24 hours notice for all showings. 2 of the ground floor units available for showings Saturday & Sundays, & the 3 bedroom is available throughout the week between 9:00-5:00 PM.
Price $699,000
Taxes: $6187.00
Assessment: $456000
Assessment Year: 2024
Address: 25 Manley Dr , Belleville, K8N 4Z4, Ontario
Acreage: .50-1.99
Directions/Cross Streets: Point Anne Road
Rooms: 19
Bedrooms: 8
Bedrooms +:
Kitchens: 4
Family Room: N
Basement: Full
Washroom Type No. of Pieces Level
Washroom Type 1 4
Washroom Type 2 4
Washroom Type 3 4
Washroom Type 4 4
Approximatly Age: 100+
Property Type: Fourplex
Style: 2-Storey
Exterior: Stone
Garage Type: None
Drive Parking Spaces: 15
Pool: None
Other Structures: Garden Shed
Approximatly Age: 100+
Property Features: Grnbelt/Cons
Fireplace/Stove: N
Heat Source: Propane
Heat Type: Forced Air
Central Air Conditioning: None
Central Vac: N
Sewers: Septic
Water: Well
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Total Financing $ $ $ $
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Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX QUINTE LTD.
Personal Picture
Samuel Okafor
Sales Representative
Dir:
416-414-7577
Bus:
416-414-7577
 
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At a Glance:
Type: Freehold - Fourplex
Area: Hastings
Municipality: Belleville
Neighbourhood: Belleville Ward
Style: 2-Storey
Lot Size: 314.62 x 0.00(Feet)
Approximate Age: 100+
Tax: $6,187
Maintenance Fee: $0
Beds: 8
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
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