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363 Front Street Belleville, Ontario K8N 2Z9

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$2,075,000

MLS® Number: 40801889

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. (id:59126)

Property Details

MLS® Number 40801889
Property Type Multi-family
Amenities Near By Public Transit

Building

Basement Type None
Cooling Type Ductless
Exterior Finish Brick Veneer, Stone
Heating Type Baseboard Heaters, Heat Pump
Stories Total 3
Size Interior 7,068 Ft2
Utility Water Municipal Water

Land

Access Type Highway Access
Acreage No
Land Amenities Public Transit
Sewer Municipal Sewage System
Size Depth 99 Ft
Size Frontage 33 Ft
Size Total Text Under 1/2 Acre
Zoning Description C2-6

Parking

Visitor Parking

https://www.realtor.ca/real-estate/29318378/363-front-street-belleville

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    Lakeridge Property International

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