Neerajan Realtor
Description
Price: $ 1,450,000.00 MLS®: X12540074 Location : 5 Sienna Avenue, Belleville, ON K8P 0E5
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.
Location Description
Sienna Ave and Dundas Street West
Property Details
- Community: Belleville Ward
- Property Type: Vacant/Residential Freehold
- Bedrooms: 8
- Bath: 4
- Garages: None
Building Features
- Foundation Type: Slab
- Construction Material: Vinyl Siding
- Total Parking Space: 4
Features
- Heating: Heat Pump Electric
- Sewer: Sewer ,
Listing Contracted With: CENTURY 21 LANTHORN REAL ESTATE LTD.
