363 Front Street, Belleville
- Living area: 5800 square feet
- Type: Commercial
- Added: 2 months ago
- Updated: 1 month ago
- Last Checked: 18 hours ago
- Listed by: RE/MAX ESCARPMENT REALTY INC., BROKERAGE
AI Summary
- Secure $160,800 in annual income from this fully tenanted property.
- This property is completely rebuilt to modern standards.
- Each tenant is responsible for their own utilities.
- Located in a high-demand area, 363 Front Street is a rare opportunity.
- The property offers immediate cash flow and long-term appreciation.
Listing description
This Commercial listing at 363 Front Street Belleville, ON with the MLS Number x12440543 listed by Kayla Smith - RE/MAX ESCARPMENT REALTY INC., BROKERAGE on the Belleville market 2 months ago at $2,299,900.
25% DOWN FOR A CASH FLOWING 8 UNIT ON A TRANSFERABLE 40 YEAR MLI SELECT LOAN. Over 6% Cap. Secure $160,800 in annual income from this exceptional, fully tenanted, turn-key commercial property in the heart of Bellevilles dynamic downtown. Ductless Splits recently installed all res units. Completely rebuilt to modern standards, this property boasts brand-new construction, including framing, walls, flooring, plumbing, electrical panel, wiring, windows, doors, and lighting all designed to meet current building codes and minimize future maintenance. Each tenant is responsible for their own utilities, providing low overhead and strong net returns for investors. Positioned in a high-demand location, 363 Front Street is a rare opportunity offering both immediate cash flow and long-term appreciation potential. Properties of this caliber are in short supply. New Buyer must qualify for MLI loan. (id:1945)
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Property Details
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Price History
October 2, 2025
by RE/MAX ESCARPMENT REALTY INC., BROKERAGE
$2,299,900
