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$2,075,000

363 FRONT STREET, Belleville, Ontario, K8N 2Z9

MLS® # X12753752

Belleville ON, K8N 2Z9

MLS® # X12753752

Property Information:

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:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Air Conditioning: Yes
  • Floor Space: 7068 sqft
  • Heating Type: Baseboard heaters, Other
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Multi-family
  • Floor Space (approx): 7068 Square Feet
  • Irregular: Yes
  • Lot Depth: 98.9 Feet
  • Lot Frontage: 33.4 Feet
  • Lot Size: 33.49 x 98.98 FT
  • Zoning: C2-6

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 363 FRONT STREET, Belleville, Ontario, K8N 2Z9

Demographic Information of 363 FRONT STREET, Belleville, Ontario, K8N 2Z9

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$111,909.01

Average Number of Children

1.54

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

12.91 %

High school certificate or equivalent

29.56 %

Apprenticeship trade certificate/diploma

7.96 %

College/non-university certificate

24.51 %

University certificate (below bachelor)

0.34 %

University Degree

24.72 %

Commuter

Travel To Work

By Car

81.71 %

By Public Transit

2.39 %

By Walking

6.99 %

By Bicycle

0.0 %

By Other Methods

8.91 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

53.86 %

Houses

46.14 %

Own Vs. Rent