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Investment signal

$10,499,000

35 UNION STREET

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Beds

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Baths

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Sqft

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Year

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Type

Multi-family

Suite

Investment signal

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Belleville (Belleville Ward). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

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. (id:65958)

Subtype: Multi-family
Structure: Multi-Family
Community: Belleville Ward
Living area: 75,842 square feet
Lot dimensions: 256.31 x 490.72 FT ; 102.68ft x 256.31ft x 490.72ft x130
On market: Apr 13, 2026
Status changed: Apr 14, 2026
Annual tax: $99,662.7
Zoning: R6-Multi-Residential
Photos: 34
MLS#: X12991268
Area: BELLEVILLE_(BELLEVILLE_WARD)

Features and systems

Appliances

WasherDryer

Heating

Baseboard heaters

Cooling

None

Lot

Irregular lot size

Negative cash flow ~$10,698/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.11%

Cap rate

3.64%

GRM

16.7

Break-even rent

$63,761

Financing

Down payment$2,099,800

Loan amount$8,399,200

Mortgage$42,558/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$4,812

Insurance$80

Maintenance$8,749

CapEx reserve$4,375

Vacancy loss$2,625

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $42,558/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 14, 2026.