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    For Sale - 363 Front Street, Belleville, Ontario

    Est payment $9,964/mo
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    Views   1
    Time on Jump  146 day

    AI Summary *

    • Fully renovated mixed-use investment property in downtown Belleville.
    • One ground-floor commercial unit and seven residential apartments available.
    • All units leased at current market rents for consistent income.
    • Upgraded systems throughout, ensuring smooth operation and maintenance.
    • Assumable property management with automated rent collection for ease.




    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.
    Listing IDX12753752
    Address363 Front Street
    CityBelleville, Ontario
    Price$2,075,000
    StyleInvestment
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentHeating / Cooling Baseboard

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    Listing Agency:  ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    363 Front Street
    Belleville , Ontario
    $2,075,000
    Get more info