363 Front Street, Belleville, ON K8N 2Z9
363 Front Street, Belleville, ON K8N 2Z9
363 Front Street, Belleville, ON K8N 2Z9
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Listed by Jacob Campagnaro • Royal LePage Burloak Real Estate Services
$2,075,000
Est. payment /mo
7,068 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi-6-9 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 7,068 sqft

Price per Sqft $293

MLS Listing ID 40801889

Abv Grd Liv Area 7,068

Annual Tax Amount $8,326

Property Sub-Type Multi-6-9 Unit

Source Cornerstone

Property Description

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.

Location

Province ON

County Hastings

Area Belleville

Zoning C2-6

Direction Dundas S E

Rooms

Basement None

Kitchen 0

Interior

Interior Features Separate Heating Controls, Separate Hydro Meters

Heating Baseboard, Heat Pump

Cooling Ductless

Fireplace No

Laundry In-Suite

Exterior

Roof Type Flat

Lot Frontage 33.49

Lot Depth 98.98

Garage No

Building

Lot Description City Lot, Highway Access, Public Transit

Faces Dundas S E

Story 3

Sewer Sewer (Municipal)

Water Municipal

Structure Type Brick Veneer,Stone

New Construction No

Others

Senior Community No

Tax ID 404750038

Ownership Freehold/None


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Isaac Rosebrugh

Isaac Rosebrugh

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