8 Beds 4 Bath

5 Sienna Avenue, Belleville, ON K8P 0E5

Belleville K8P 0E5 Ontario

MLS: X12540074

$1,450,000

Added 1 hour ago | For Sale

Listed by: CENTURY 21 LANTHORN REAL ESTATE LTD.

About Property

INVEST IN POTTER'S CREEK! 5 Sienna is your best opportunity to own a wonderful, purpose-built, brand-new 4-plex right at the entrance of Potter's Creek. This location is so convenient for military personnel to get to the base, healthcare workers to get to the hospital, and access for everyone to all of Quinte's best amenities. PLUS! Being right on the corner of Dundas St, there is a prime opportunity to lease advertising space at a premium in the future. Each individual unit feature around 1,100 sq. ft of total living space, complete with 2 bedrooms, 1 bathroom, kitchen, laundry, and their own mechanical rooms and equipment. All utilities are separated and market rent for each unit is $2,200+utilities/month conservatively - giving you $105,600 in annual income! BONUS! Canada's new Purpose Built Rental Housing (PBRH) Rebate allow the buyer to apply for a FULL HST rebate, which would reduce the purchase price after closing to $1,283,186 - WOW, what a savings! Construction is under way now.

Features

  • House Style:Fourplex
  • Bathrooms:4
  • Land Size: 77.55 X 117.33
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Electric
  • Cross Street:Sienna Ave and Dundas Street West
  • Basement:None , None
  • Possession Date:To be Built
  • Annual Property taxes:
  • Bedrooms:8
  • Total Parking Spaces:4
  • Parking Places:4
  • Heating Type:Heat Pump
  • Pool Type:None
  • Exterior:
  • Direction Facing:North
  • Front Footage:
  • Listing ID:X12540074

About Agent
Get in Touch

By proceeding, you consent to receive calls and texts at the number you provided.

Powered by AgentEdge Inc

Terms & Conditions Privacy Policy

© Copyright All Rights Reserved.