363 FRONT St, Belleville, ON K8N2Z9
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Overview
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. (id:58180)
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of stories
- 3
Utilities
- Heating
- Heat Pump
- Cooling
- Ductless
- Sewer
- Septic System
- Water
- Water
Taxes
- Tax Annual Amount
- $8,326.66
Public schools
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Sourced from: Canadian Real Estate Association MLS®#: 40801889 Last checked: …
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