363 FRONT Street, Belleville, Ontario, K8N2Z9

Property Description

Royal LePage Commercial – The Investments Group is pleased to present 363 Front Street, Belleville, Ontario, a fully renovated mixed-use investment property located in Belleville’s downtown core. The property comprises one ground-floor commercial unit and seven legal one-bedroom residential apartments. The building has been comprehensively upgraded, including structural improvements, new plumbing, electrical, HVAC, windows, doors, kitchens, and modern finishes throughout, offering a true turnkey investment. The commercial unit is secured by a new five-year semi-gross lease with annual escalations, while all residential suites are leased at current market rents. The asset is well positioned for CMHC-insured financing, subject to lender approval. (id:64974)

Quick Facts

• Property Type: Multi-family
• Bedrooms: 0
• Bathrooms: 0
• Living Area: 7,068 sq ft (656.6 m²)
• Above Grade: 7,068 sq ft (656.6 m²)
• Ownership: Freehold
• Frontage: 33 ft (10.1 m)

Costs

• Annual Taxes: $8,326.66

Listing Provided by: Royal LePage Burloak Real Estate Services
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.