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Investment Highlights

  • ? 100% Leased Plaza – Immediate and stable income stream
  • ? 9,756 SF of Rentable Space
  • ? 55 On-Site Parking Spaces
  • ? NOI Exceeding $140,000 Annually
  • ? 1.065 Acres (46,392 SF) Freehold Site
  • ? C3 Commercial Zoning

Executive Summary

Attractive and well-maintained commercial plaza ideally situated on one of Belleville's main traffic corridors. This fully leased investment property offers approximately 9,756 sq. ft. of rentable space on a 1.065-acre (46,392 sq. ft.) freehold lot, providing investors with stable cash flow and long-term growth potential.
The plaza features a diverse mix of commercial tenants and is suitable for professional offices, retail businesses, service providers, Medical and specialty shops. With 55 on-site parking spaces, the property offers excellent convenience for both tenants and customers.
The property currently generates a net operating income exceeding $140,000 annually and is 100% occupied, making it an attractive turnkey investment opportunity.
Strategically located within a thriving commercial and residential area, the property is just steps from the local hospital, the waterfront trail system, and a wide range of amenities. The plaza also benefits from proximity to established residential neighbourhoods and is within walking distance of Belleville's exciting new waterfront development, supporting continued economic growth and tenant demand.
Property Highlights:
Fully leased commercial plaza
Approx. 9,756 sq. ft. rentable area
Lot size: 46,392 sq. ft. (1.065 acres)
55 on-site parking spaces
Net Operating Income (NOI) exceeding $140,000 annually
C3 Commercial Zoning
High-visibility location on a major traffic route
Steps to hospital, waterfront trail, and amenities
Walking distance to residential neighbourhoods
Near Belleville's expanding waterfront redevelopment area
An excellent opportunity to acquire a stabilized, income-producing commercial asset in a growing Eastern Ontario market with strong fundamentals and future upside potential.

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
9,785 SF
Building Class
B
Year Built/Renovated
1994/2005
Price
$2,700,000 CAD
Price Per SF
$275.93 CAD
Cap Rate
5.19%
NOI
$140,000 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
1.07 AC
Zoning
C3 - PCL BLOCK 27-1 SEC 21M88; BLK 27 PL 21M88 THURLOW T/W PT LT 1 PL 21M88 OVER PT 6 21R8640 AS IN LT32411; T/W LT60269; BELLEVILLE ; COUNTY OF HASTINGS
Parking
55 Spaces (5.62 Spaces per 1,000 SF Leased)
Frontage
167’ on Dundas St E

Amenities

  • Signage
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Nearby Major Retailers

Starbucks
Independent Grocer
Loblaw
CIBC
Tim Hortons
  • Listing ID: 40964681

  • Date on Market: 2026-06-17

  • Last Updated:

  • Address: 600 Dundas St E, Belleville, ON K8N 5P9

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