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:63285)
| Property Details | |
|---|---|
| DDF® Number | 40801889 |
| Property Type | Multi-family |
| Amenities Near By | Public Transit |
| Building | |
|---|---|
| Basement Type | None |
| Cooling Type | Ductless |
| Exterior Finish | Brick Veneer, Stone |
| Fireplace Present | No |
| Heating Type | Baseboard Heaters, Heat Pump |
| Stories Total | 3 |
| Size Interior | 7068 Sqft |
| Utility Water | Municipal Water |
| Parking | |
|---|---|
| Visitor Parking | |
| Land | |
|---|---|
| Access Type | Highway Access |
| Acreage | No |
| Land Amenities | Public Transit |
| Sewer | Municipal Sewage System |
| Size Depth | 99 Ft |
| Size Frontage | 33 Ft |
| Zoning Description | C2-6 |
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