363 Front Street, Belleville — For Sale in Belleville
0 bed · 0 bath · Investment for sale in Belleville.
363 Front Street, Belleville, ON K8N 2Z9
About This Property
Now for sale at 363 Front Street in Belleville: a 0-bedroom, 0-bathroom investment listed at $2,075,000.
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.
Property Specifications
| MLS® Number | X12753752 |
|---|---|
| Status | For Sale |
| List Price | $2,075,000 |
| Property Type | Commercial |
| Sub Type | Investment |
| Transaction Type | For Sale |
| Bedrooms | 0 |
| Bathrooms | 0 |
| Living Area | 7068 sq ft |
| Address | 363 Front Street, Belleville, ON K8N 2Z9 |
| City | Belleville |
| Postal Code | K8N 2Z9 |
Listing Contracted With: ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
