Calling all investors and multi-generational families - this is an incredibly rare opportunity to own a unique 2.74-acre property offering 9 detached homes on one parcel, ideally located just minutes from Highway 401 on Black Diamond Road. Serviced with municipal water, municipal sewer, and natural gas, this fully rented investment property offers healthy income potential and has been proudly family owned since 1978. The property features a strong mix of rental units including 6- 2 bedroom homes, 2- 3 bedroom homes, and one 1-bedroom home, with many of the units having seen updates over the years. Several major improvements have already been completed, including five newer furnaces and nine separate 100-amp electrical panels. Also included are both a detached 2.5-car garage and a detached single car garage, adding excellent additional storage and functionality. The property fronts on two separate roads, offering exceptional access, flexibility, and future potential. One tenant currently handles snow removal and lawn maintenance, helping reduce operating expenses and making ownership even more manageable. Whether you are looking to expand your investment portfolio, secure a rare income-producing property with long-term rental stability, or create a unique opportunity for large or extended families wanting to live close together while maintaining privacy, this property offers extended incredible versatility in a prime location close to major routes, amenities, and services. Properties like this rarely come available. The owners have cherished this property for decades, and with retirement now approaching, are ready to pass this incredible opportunity on to its next chapter. Financial information available upon request.
Address
45 Black Diamond Road
List Price
$2,499,900
MLS® Status
New
Property Type
Residential Freehold
Type of Dwelling
Multiplex
Style of Home
Bungalow
Transaction Type
Sale
Area
Belleville
Sub-Area
Thurlow Ward
Region
Hastings
Bathrooms
9
Floor Area
700-1100 Sq. Ft.
Lot Size Source
GeoWarehouse
Lot Depth
480.44
Lot Shape
Irregular
Lot Size Range (Acres)
2 - 4.99
Lot Size Units
Feet
Lot Width
608.65
Parcel Number
404330117
Occupant Type
Tenant
Cross Street
Cannifton Road / Black Diamond Road
MLS® Number
X13105266
Listing Brokerage
ROYAL LEPAGE PROALLIANCE REALTY
Basement Area
Crawl Space
Postal Code
K8N 0N6
Posession Details
Flexible
Parking
Front Yard Parking
Parking Places (Total)
21.5
Parking Spaces
18
Tax Amount
$12,503.94
Tax Year
2025
Interior Features
None
Cable
Available
Central Vacuum
No
Family Room
No
Hydro
Yes
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Senior Community
No
Board Or Association
Central Lakes Association of REALTORS
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
None
Construction Materials
Vinyl Siding
Direction Faces
North
Fireplace
No
Foundation Details
Unknown
Garage
Yes
Garage Type
Detached
Covered Spaces
3.5
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
LT 1 E/S CENTRE ST PL 36 THURLOW; LT 97 W/S THIRD ST, 98 W/S THIRD ST, 99 W/S THIRD ST, 100 W/S THIRD ST, 101 W/S THIRD ST PL 278 THURLOW EXCEPT PT 2 21R3066; PT THIRD ST PL 278 THURLOW PT 5 21R3066; PT LT 59 E/S THIRD ST, 60 E/S THIRD ST, 96 W/S THIRD ST PL 278 THURLOW PT 6 21R3066, PT 1 21R5851; S/T EXECUTION 80-00022, IF ENFORCEABLE; BELLEVILLE ; COUNTY OF HASTINGS
Waterfront
No
Sewer
Sewer
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