363 Front st
Property Description
Royal LePage Commercial – The Investments Group is pleased to present 363 Front Street, Belleville, Ontario, a mixed-use investment property located in Belleville’s downtown core. The property consists of one ground-floor commercial unit and seven legal one-bedroom residential apartments. The building has been fully improved to modern standards, including new structural elements, plumbing, electrical, HVAC, windows, doors, kitchens, and finishes throughout, offering a turnkey investment. The commercial unit is secured by a new five-year semi-gross lease with annual escalations, and all residential units are leased at current market rents, supporting immediate eligibility for CMHC-insured financing, subject to lender approval.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $2,075,000 |
| No. of Units: | 8 |
| Year Built: | 1895 |
| Lot Size: | 0.07 Acres |
| Opportunity Zone: | No |
| Price per unit: | $259,375 |
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