
Multi-family For Sale
$2,075,000
MLS® Number: 40801889
Bedrooms
0
Bathrooms
0
Floor Area
7,068
Multi-family For Sale
$2,075,000
Bedrooms
0
Bathrooms
0
Floor Area
7,068
363 FRONT Street, Belleville, Ontario
About This Property
Royal LePage Commercial – The Investments Group is pleased to present The Front St. Lofts at 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 one-bedroom residential apartments. The building has been upgraded with structural improvements, new plumbing, electrical, HVAC, windows, doors, kitchens, and modern finishes throughout, offering a true turnkey investment. The asset is MLI qualified, with a VTB options available, and includes a five-year structural warranty by Cento Capital. The commercial unit is secured by a five-year semi-gross lease with annual escalations, and all residential suites are leased at current market rents. In place property management can be assumed, featuring onsite management, automated rent collection software, and a fully automated management system, allowing for seamless ownership. The asset is well positioned for CMHC-insured financing, subject to lender approval.
Property Details
Interior Details
Basement
None
Bathrooms Total
0
Bedrooms Total
0
Cooling
Ductless
Heating
Heat Pump, Baseboard heaters
Living Area
7068 sqft
Building & Exterior
Exterior Features
Stone, Brick Veneer
Number Of Units Total
0
Parking Features
Visitor Parking
Stories
3.0
Land & Location
Frontage Length
33.0 feet
Postal Code
K8N2Z9
Subdivision Name
Belleville Ward
Listing & Financials
Listing Office
Royal LePage Burloak Real Estate Services
Originating System Name
Cornerstone Association of REALTORS®
Other Specifications
Common Interest
Freehold
Country
Canada
Listed By
Royal LePage Burloak Real Estate Services
Mortgage Calculator
Estimated Monthly Payment
$10,194
Principal and interest only. Actual rates may vary.
Mortgage Calculator
Estimated Monthly Payment
$10,194
Principal and interest only. Actual rates may vary.