$2,585,000
104 Cannifton Rd
, Belleville, Ontario, K8N 4V3
9
|
16
|
16
|
5,000 sq.ft.
|
Year Built: 51-99
|
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16-unit apartment building for sale listed at a 5.9% cap rate. The property is well located in close proximity to Belleville's downtown and has easy highway 401 access. Some apartments have been renovated on unit turnover and building common areas updated. The building's rent roll has close to 30% in upside to market rents. Current annual net operating income is $150,779 per year with future upside in rents still to capture. Environmental Opinion Letter regarding the sites environmental condition is available.
Property Info
MLS®:
X9018319
Listing Courtesy of
Rogers & Trainor Commercial Realty
Total Bedrooms
9
Total Bathrooms
16
Basement
Full
Floor Space
5000 sq.ft.
Lot Size
15470 sq.ft.
Style
Other
Last Updated
2024-07-08
Property Type
Fourplex
Listed Price
$2,585,000
Unit Pricing
$517/sq.ft.
Strata Fee
$
Tax Estimate
$33,271/Year
Year Built
51-99
Interior Features
Rooms
More Details
Sold History
MAP & Nearby Facilities
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School Catchments
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