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249-253 FRONT STREET, Belleville, Ontario, K8N 2Z6

MLS® # X9391504
Investment For Sale In Belleville, Ontario
$3,950,000
249-253 Front Street, Belleville, ON - Outdoor
249-253 Front Street, Belleville, ON - Outdoor
249-253 Front Street, Belleville, ON - Indoor Photo Showing Bedroom
249-253 Front Street, Belleville, ON - Indoor Photo Showing Bedroom
249-253 Front Street, Belleville, ON - Indoor Photo Showing Bedroom
249-253 Front Street, Belleville, ON - Indoor Photo Showing Living Room With Fireplace
249-253 Front Street, Belleville, ON - Indoor Photo Showing Kitchen
249-253 Front Street, Belleville, ON - Outdoor
249-253 Front Street, Belleville, ON - Outdoor With Exterior
249-253 Front Street, Belleville, ON - Indoor Photo Showing Laundry Room
249-253 Front Street, Belleville, ON - Indoor Photo Showing Bathroom
249-253 Front Street, Belleville, ON - Indoor Photo Showing Bathroom
249-253 Front Street, Belleville, ON - Indoor
249-253 Front Street, Belleville, ON - Indoor
249-253 Front Street, Belleville, ON - Indoor
249-253 Front Street, Belleville, ON - Indoor
249-253 Front Street, Belleville, ON - Outdoor
249-253 Front Street, Belleville, ON - Indoor
249-253 Front Street, Belleville, ON -
249-253 Front Street, Belleville, ON - Indoor Photo Showing Other Room
249-253 Front Street, Belleville, ON - Indoor Photo Showing Other Room
249-253 Front Street, Belleville, ON - Indoor
249-253 Front Street, Belleville, ON - Indoor
249-253 Front Street, Belleville, ON - Outdoor
249-253 Front Street, Belleville, ON - Other
249-253 Front Street, Belleville, ON - Outdoor
249-253 Front Street, Belleville, ON - Outdoor
249-253 Front Street, Belleville, ON  - Outdoor
249-253 Front Street, Belleville, ON  - Outdoor
249-253 Front Street, Belleville, ON  - Indoor Photo Showing Bedroom
249-253 Front Street, Belleville, ON  - Indoor Photo Showing Bedroom
249-253 Front Street, Belleville, ON - Indoor Photo Showing Bedroom
249-253 Front Street, Belleville, ON - Indoor Photo Showing Living Room With Fireplace
249-253 Front Street, Belleville, ON - Indoor Photo Showing Kitchen
249-253 Front Street, Belleville, ON - Outdoor
249-253 Front Street, Belleville, ON - Outdoor With Exterior
249-253 Front Street, Belleville, ON - Indoor Photo Showing Laundry Room
249-253 Front Street, Belleville, ON - Indoor Photo Showing Bathroom
249-253 Front Street, Belleville, ON - Indoor Photo Showing Bathroom
249-253 Front Street, Belleville, ON - Indoor
249-253 Front Street, Belleville, ON - Indoor
249-253 Front Street, Belleville, ON - Indoor
249-253 Front Street, Belleville, ON - Indoor
249-253 Front Street, Belleville, ON - Outdoor
249-253 Front Street, Belleville, ON - Indoor
249-253 Front Street, Belleville, ON -
249-253 Front Street, Belleville, ON - Indoor Photo Showing Other Room
249-253 Front Street, Belleville, ON - Indoor Photo Showing Other Room
249-253 Front Street, Belleville, ON - Indoor
249-253 Front Street, Belleville, ON - Indoor
249-253 Front Street, Belleville, ON - Outdoor
249-253 Front Street, Belleville, ON - Other
249-253 Front Street, Belleville, ON - Outdoor
249-253 Front Street, Belleville, ON - Outdoor
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249-253 FRONT STREET, Belleville, Ontario, K8N 2Z6
$3,950,000

Property Information:

Introducing your next investment opportunity, the Burrows Building! Located in Downtown Belleville, this multi-use building offers a blend of commercial and residential spaces, ensuring a diverse revenue stream. Among its highlights are 3 commercial and 11 residential units: 8 bachelors, 1 two-bedroom, and 2 one-bedroom apartments. With two of the commercial spaces being currently leased, an additional vacant 2161 sqft open concept unit awaits customization to meet tenants or owners needs. The residential units have undergone extensive recent renovations, showcasing contemporary amenities with the building's unique architectural charm. Some units are furnished and licensed for short-term accommodation, catering to both long and short term tenants. The Burrows Building has been completely upgraded and renovated within the last 3 years, including a total rebuild with structural upgrades, a new lower roof, new windows, new fire escapes, and security enhancements with surveillance cameras. Boasting stable rental income and promising growth potential, the Burrows Building presents an exceptional opportunity to expand your investment portfolio. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Air Conditioning: Yes
  • Heating Type: Hot water radiator heat
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Multi-family
  • Irregular: Yes
  • Lot Depth: 172.2 Feet
  • Lot Frontage: 60.8 Feet
  • Lot Size: Bldg=60.75 x 172.24 FT
  • Zoning: MX1

Courtesy of: EKORT REALTY LTD.

REALTOR.ca  

Location of 249-253 FRONT STREET, Belleville, Ontario, K8N 2Z6

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

35 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

35 hot days expected in 2050

55/100

Moderate

ClimateCheck®

Current data

This property, 249-253 FRONT STREET , experiences 7 hot days per year at around 30.3 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 35 hot days at 34 degrees Celsius.

Projected Avg. Temperature

Past
30.3℃
2050
34℃

# Hot Days Per Year

Past
7
2050
35

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

63/100

Moderate-High

ClimateCheck®

Current data

This property, 249-253 FRONT STREET , experiences 11 significant 2-day storms per year, with about 324.3mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 408mm of precipitation per year.

Precipitation Per Storm

Past
324.3mm
2050
408mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 249-253 FRONT STREET, Belleville, Ontario, K8N 2Z6

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$111,909.01

Average Number of Children

1.54

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

12.91 %

High school certificate or equivalent

29.56 %

Apprenticeship trade certificate/diploma

7.96 %

College/non-university certificate

24.51 %

University certificate (below bachelor)

0.34 %

University Degree

24.72 %

Commuter

Travel To Work

By Car

81.71 %

By Public Transit

2.39 %

By Walking

6.99 %

By Bicycle

0.0 %

By Other Methods

8.91 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

53.86 %

Houses

46.14 %

Own Vs. Rent