249-253 Front Street Belleville, Ontario K8N 2Z6
$2,850,000
Introducing the Burrows Building, a turnkey mixed-use investment opportunity in the heart of Downtown Belleville. This fully renovated and fully tenanted property offers stable, diversified income streams through a mix of commercial and residential units, making it an attractive opportunity for private investors, real estate professionals, and portfolio landlords alike. The building features 2 commercial units and 11 residential apartments, including 8 bachelor units, 1 two-bedroom unit, and 2 one-bedroom units, all of which are currently leased and have a history of strong tenant demand and minimal vacancy. Extensive renovations and capital improvements have already been completed, including structural upgrades, new windows, new fire escapes, enhanced security systems, and significant interior renovations throughout the building. The building's historic character has been preserved with exposed brick walls, while modern upgrades provide functionality and comfort. Located in Belleville's growing Downtown Core, the property benefits from ongoing economic development, nearby amenities, and continued demand for both residential and commercial space. The Burrows Building presents an excellent opportunity to acquire a stabilized, income-producing asset with immediate cash flow and long-term appreciation potential. (id:47351)
Property Details
| MLS® Number | X13463854 |
| Property Type | Multi-family |
| Community Name | Belleville Ward |
Building
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Hot Water Radiator Heat |
| Size Exterior | 12722 Sqft |
| Size Interior | 12,722 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 172 Ft ,2 In |
| Size Frontage | 60 Ft ,9 In |
| Size Irregular | Bldg=60.75 X 172.24 Ft |
| Size Total Text | Bldg=60.75 X 172.24 Ft |
| Zoning Description | Mx1 |
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June 18 2026 08:32:57
Central Lakes Association of REALTORS®