221 Albert St is a 5-bedroom, 5-bathroom multiplex in Belleville, listed for $1,250,000. It has 5000 + sq ft of living space.
1Attention investors - 5-plex in belleville's old east hill with detached garage!
2Roof reshingled in May 2021 and the main floor unit in 219 Albert has over $60 k in renovations done with high end finishes and a gas fireplace. owner has owned the building for 20 years.
3There is a detached garage as well and lots of paved parking.
Attention investors - 5-plex in belleville's old east hill with detached garage! An exceptional investment opportunity awaits on historic Albert Street in Belleville's highly sought-after Old East Hill neighbourhood. This meticulously cared-for, fully tenanted 5-plex offers the ideal combination of timeless character, functional living spaces, and the convenience of a multi-unit property in one of the city's most established communities. Steeped in history, this century home showcases the architectural charm and character of its era, thoughtfully complemented by modern conveniences. With ample parking and a large detached 3 car garage (built in 2024) offering the potential to add an additional unit above, or a stay at home office, subject to approvals, the property presents both immediate functionality and exciting future possibilities for investors. Located in the heart of Old East Hill, residents enjoy mature streetscapes, established neighbourhoods, local amenities, and convenient access to all that Belleville has to offer. The area's enduring appeal makes it a desirable location for tenants and a compelling choice for investors seeking a well-positioned multi-residential property. Roof reshingled in May 2021 and the main floor unit in 219 Albert has over $60 k in renovations done with high end finishes and a gas fireplace. owner has owned the building for 20 years. There is a detached garage as well and lots of paved parking. New paved driveways in 2024 and parking for 20 cars. Stable tenancy with many tenants living there for over 10 years.
5 bedrooms, 5 bathrooms, about 5,000 sq ft, works out to roughly $250 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this multiplex fits your budget and timing.Ask Zara a follow-up
Inside 221 Albert St
Every detail from the listing, in one place.
Type
Multiplex
Style
2-Storey
Living space
5000 + sq ftas stated on the listing
Parking
23 spacesYes garage
Basement
Unfinished, Full
Features & systems
Parking & garage
Garage
Yes
Parking spaces
23
Interior
Basement
Unfinished · Full
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Multiplex
221 Albert St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13701732$1,250,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 221 Albert St Compares to the Belleville Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$6,141
/mo
based on the purchase price of $1,250,000
$250,000 cash
$1,000,000 financed
$842,262 total interest
Principal54%$1,000,000
Interest46%$842,262
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Similar homes for sale nearby in Belleville
Other 6-bed homes for sale in Belleville around $1.3M.
Average days on market41Homes sold in about 41 days on average.
Sale-to-list ratio97.1%On average, homes sold below asking.
Active listings393Homes for sale here right now.
Median vs prior 90 days+2.0%Compared with Apr 14 – Jul 13, 2026: prices up.
Based on 335 sales from Jul 13 – Oct 11, 2026 (201 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 221 Albert St
How much is 221 Albert St listed for?
221 Albert St is listed at $1,250,000 (MLS® X13701732). Summitly updates the price as soon as the MLS® record changes.
Is $1,250,000 a good price for 221 Albert St?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Belleville. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 221 Albert St changed?
No — 221 Albert St is still listed at its original asking price of $1,250,000.
How many bedrooms and bathrooms does 221 Albert St have?
221 Albert St has 5 bedrooms and 5 bathrooms, with about 5,000 square feet of living space. It is a multiplex in Belleville.
How much would the monthly mortgage be on 221 Albert St?
About $6,141 a month — principal and interest on $1,250,000 with 20% down ($250,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 221 Albert St compare with other homes in Belleville?
Its asking price of $1,250,000 is about 140% above the median sold price in Belleville over the last 90 days, $520,000, across 335 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 221 Albert St been sold before?
Summitly has no earlier MLS® sale or lease of 221 Albert St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 221 Albert St?
221 Albert St is in Belleville, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 221 Albert St been on the market?
51 days — 221 Albert St was listed on August 21, 2026.
What is the price per square foot of 221 Albert St?
About $250 per square foot: the asking price of $1,250,000 over the 5,000 sq ft the listing gives.
Does 221 Albert St have parking or a garage?
Yes — the listing gives 23 parking spaces. Garage: Yes.
Does 221 Albert St have a basement, and is it finished?
The listing describes the basement as: Unfinished, Full.
