363 FRONT Street
Belleville, Ontario
Multi-family
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.
Price History
Schools
Elementary
- St Michael Catholic School0.3 km
Catholic · Algonquin and Lakeshore CDSB · 560 students
Grade 3 reading: 73% met the provincial standard · Grade 6 math: 27% met the provincial standard
- Prince Charles Public School0.9 km
Public · Hastings & Prince Edward DSB · 315 students
Grade 3 reading: 75% met the provincial standard · Grade 6 math: 30% met the provincial standard
- Holy Rosary Catholic School1.1 km
Catholic · Algonquin and Lakeshore CDSB · 250 students
Grade 3 reading: 78% met the provincial standard · Grade 6 math: 28% met the provincial standard
Secondary
- Nicholson Catholic College0.3 km
Catholic · Algonquin and Lakeshore CDSB · 490 students
Grade 10 literacy: 87% met the provincial standard
- Centennial Secondary School2 km
Public · Hastings & Prince Edward DSB · 930 students
Grade 10 literacy: 81% met the provincial standard
- Sir James Whitney School for the Deaf2.5 km
Provincial · Provincial and Demonstration Schools
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area K8N
- Population
- 30,393
- Private dwellings
- 13,782
- Median age
- 48
- Average household size
- 2.3
- Median household income
- $79,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Multi-family in Belleville · last 12 months
- Median sold price
- $502,500
- Homes sold
- 755
- Median days on market
- 32
- Sale-to-list price
- 97.2%
Based on 755 recorded sales of multi-family properties in Belleville over the last 12 months.
Location
Mortgage Calculator
$415,000
Estimated Monthly Payment
$10,194
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $10,194/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $519/mo
Estimates only. Consult a financial advisor.
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