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$2,599,000
Available - For Sale
Listing ID: X11966547
8 UNIT - Secure $160,800 in annual income from this exceptional, fully tenanted, turn-key commercial property in the heart of Bellevilles dynamic downtown. MLI SELECT POTENTIAL - Ductless Splits Roughed In. 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.
Price $2,599,000
Taxes: $12,638
Tax Type: Annual
Occupancy by: Tenant
Address: 363 Front St , Belleville, K8N 2Z9, Ontario
Postal Code: K8N 2Z9
Province/State: Ontario
Lot Size: 33.49 x 98.98 (Feet)
Directions/Cross Streets: Dundas S E
Zoning: C2-6
Category: Apartment
Use: Apts-6 To 12 Units
Building Percentage: Y
Total Area: 5,800
Total Area Code:  Sq Ft
Taxes Expense: $12638
Insurance Expense: $4500
 Management Expense: 0
Maintenance: 0
 Heat Expenses: $0
 Hydro Expense:  $2846
Water Expense: $0
Other Expenses: $0
Gross Income/Sales: $160800
Operating Expenses: $0
Vacancy Allowance: 0
Net Income Before Debt: $140816
Estim Inventory Values At Cost : 0
Common Area Upcharge: 0
Percentage Rent: 0
Expenses Actual/Estimated: $Act
Sprinklers: N
Heat Type: Baseboard
Central Air Conditioning: N
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX ESCARPMENT REALTY INC., BROKERAGE

363 Front St , Belleville, K8N 2Z9, Ontario


 
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At a Glance:
Type: Com - Investment
Area: Hastings
Municipality: Belleville
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Lot Size: 33.49 x 98.98(Feet)
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Tax: $12,638
Maintenance Fee: $0
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