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Investment signal

$2,075,000

363 FRONT Street

Save this home

Beds

0

Baths

Sqft

Year

Type

Multi-family

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Belleville. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

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. (id:65958)

Subtype
Multi-family
Community
Belleville Ward
Common interest
Freehold
Living area
7,068 square feet
Stories
3
On market
Feb 3, 2026
Status changed
Apr 20, 2026
Annual tax
$8,326.66
Zoning
C2-6
Photos
16
MLS#
40801889
Area
BELLEVILLE

Features and systems

Parking

Visitor Parking

Basement

None

Heating

Heat PumpBaseboard heaters

Cooling

Ductless

Exterior

StoneBrick Veneer
Negative cash flow ~$2,180/mo at these assumptions

Cash on cash

-6.30%

Cap rate

3.60%

GRM

16.7

Break-even rent

$12,669

Financing

Down payment$415,000
Loan amount$1,660,000
Mortgage$8,411/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$951
Insurance$80
Maintenance$1,729
CapEx reserve$865
Vacancy loss$519

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $8,411/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 20, 2026.

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