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Royal LePage
Royal LePage
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$2,075,000

363 FRONT Street, Belleville, Ontario, K8N 2Z9

MLS® # 40801889

Belleville ON, K8N 2Z9

MLS® # 40801889

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
  • Air Conditioning: Yes
  • Basement Type: None
  • Exterior Finish: Stone
  • Floor Space: 7068 sqft
  • Heating Type: Baseboard heaters, Heat Pump
  • Cooling Type:

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Access Type: Highway access
  • Amenities Nearby: Public Transit
  • Floor Space (approx): 7068 Square Feet
  • Lot Depth: 99 Feet
  • Lot Frontage: 33 Feet
  • Zoning: C2-6
  • Sewer: Municipal sewage system
  • Parking Type: Visitor parking

REALTOR.ca  

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⚠ Potential Investment Performance

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

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

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/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

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