363 Front Street Belleville, Ontario K8N 2Z9
$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:50964)
Property Details
| MLS® Number | 40775800 |
| Property Type | Other |
| Amenities Near By | Public Transit |
Building
| Basement Type | None |
| Stories Total | 3 |
| Size Exterior | 5800.0000 |
| Size Interior | 5,800 Ft2 |
| Utility Water | Municipal Water |
Land
| Access Type | Highway Access |
| Acreage | No |
| Land Amenities | Public Transit |
| Sewer | Municipal Sewage System |
| Size Depth | 99 Ft |
| Size Frontage | 33 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | C2-6 |
https://www.realtor.ca/real-estate/28941059/363-front-street-belleville
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October 03 2025 04:29:36
REALTORS® Association of Hamilton-Burlington
RE/MAX Escarpment Realty Inc