4184 Old Hwy 2 Highway E

Belleville, Ontario K8N 4Z4

5,600 sqft Interior

Bldg=1260 X 1899.08 Ft Lot size

2 days ago Listed

Fully Air Conditioned

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About this home

Welcome to the smartest investment you'll make this year (6 figure NET Income) - 58 acres of prime waterfront real estate, two positive cash flow assets and breathtaking views of the Bay of Quinte. A tenanted commercial building resides on the property including 5,600 sqft of office and vehicle bay space with 42,000 sqft of paved parking. A stunning and updated 5 bedroom estate with a home gym can be converted to your very own oasis or keep it as the current successful AirBNB asset earning over 6 figures annually. Inquire for further details on all assets, property details, and financials. ***CAP RATE 7.4%*** (id:28469)

Facts & features

Property

MLS® Number: X13604532
Property Type: Industrial
Community Name: Belleville Ward

Building

Cooling Type: Fully Air Conditioned
Size Exterior: 5600 Sqft
Size Interior: 5,600 Sqft
Utility Water: Dug Well

Land

Acreage: No
Size Depth: 1899 Ft
Size Frontage: 1260 Ft
Size Irregular: Bldg=1260 X 1899.08 Ft
Size Total Text: Bldg=1260 X 1899.08 Ft
Zoning Description: Ru & Ap

Monthly payment estimate

Home price

Down payment 20%

Interest rate (%)

Amortization

Frequency

Estimated payment — per month

Mortgage amount: —
Total interest: —

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Cost of ownership

Est. monthly payment: $8,855/mo
Ontario land transfer tax: $36,473 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

The Belleville Ward market

20 Active listings

$608,000 Median asking price

229% above median This home

29 days Avg. time on market

Browse all Belleville Ward listings →

Location

4184 Old Hwy 2 Highway E, Belleville, Ontario K8N 4Z4 · Get directions