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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision Belleville Ward
MLS Listing ID X12753752
Annual Tax Amount $8,326
Tax Year 2025
Property Sub-Type Investment
Property Description
Royal LePage Commercial - The Investments Group is pleased to present The Front St. Lofts at 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 one-bedroom residential apartments. The building has been upgraded with structural improvements, new plumbing, electrical, HVAC, windows, doors, kitchens, and modern finishes throughout, offering a true turnkey investment. The asset is MLI qualified, with a VTB options available, and includes a five-year structural warranty by Cento Capital. The commercial unit is secured by a five-year semi-gross lease with annual escalations, and all residential suites are leased at current market rents. In place property management can be assumed, featuring onsite management, automated rent collection software, and a fully automated management system, allowing for seamless ownership. The asset is well positioned for CMHC-insured financing, subject to lender approval.
Location
Province ON
County Hastings
Area Hastings
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 33.49
Lot Depth 98.98
Building
Building Age 100+
Others
Security Features No
ParcelsYN No
Listed by ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
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