16-unit apartment building for sale listed at a 5.9% cap rate. The property is well located in close proximity to Belleville's downtown and has easy highway 401 access. Some apartments have been renovated on unit turnover and building common areas updated. The building's rent roll has close to 30% in upside to market rents. Current annual net operating income is $150,779 per year with future upside in rents still to capture. Environmental Opinion Letter regarding the sites environmental condition is available. * * Interboard Listing: Kingston and Area Real Estate Association * *
Single-familyProperty Type
16 spacesParking
Source:TREB #X9018319
Market trends in Hillcrest, ON
Last updated October 2026
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Sale history for 104 Cannifton Rd
Date
Event
Price
TREB #X9018319
Jul 8, 2024
Listed
$2,585,000
+15
16-unit apartment building for sale listed at a 5.9% cap rate. The property is well located in close proximity to Belleville's downtown and has easy highway 401 access. Some apartments have been renovated on unit turnover and building common areas updated. The building's rent roll has close to 30% in upside to market rents. Current annual net operating income is $150,779 per year with future upside in rents still to capture. Environmental Opinion Letter regarding the sites environmental condition is available. * * Interboard Listing: Kingston and Area Real Estate Association * *
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Property details
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Single Family Residential
Year Built: —
Year Renovated: —
Region: Hastings County
Home facts updated by public records on Aug 9, 2023
Around this home
Schools
0.3km
Prince of Wales Public School
Public, JK-8 • Assigned
1.3km
St Theresa Catholic Secondary School
Public, 9-12 • Assigned
Provided by Local Logic
Lifestyle
Provided by Walk Score and Local Logic
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