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$1,450,000

Belleville (Belleville Ward) ON, K8P 0E5

MLS® # X12540074

Property Information:

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. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Basement Type: None
  • Exterior Finish: Vinyl siding
  • Floor Space: 3500 - 5000 sqft
  • Foundation Type:
  • Heating Type: Heat Pump, Not known
  • Heating Fuel: Electric, Electric
  • Cooling Type: Central air conditioning

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 8
  • Bathrooms: 4
  • Floor Space (approx): 3500 - 5000 Square Feet
  • Irregular: Yes
  • Lot Depth: 117.3 Feet
  • Lot Frontage: 77.6 Feet
  • Lot Size: 77.6 x 117.3 FT
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 4

Courtesy of: CENTURY 21 LANTHORN REAL ESTATE LTD.

REALTOR.ca  

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 5 SIENNA AVENUE, Belleville (Belleville Ward), Ontario, K8P 0E5

Demographic Information of 5 SIENNA AVENUE, Belleville (Belleville Ward), Ontario, K8P 0E5

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$118,525.80

Average Number of Children

1.72

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

11.83 %

High school certificate or equivalent

28.09 %

Apprenticeship trade certificate/diploma

5.82 %

College/non-university certificate

28.82 %

University certificate (below bachelor)

2.59 %

University Degree

22.85 %

Commuter

Travel To Work

By Car

92.77 %

By Public Transit

2.9 %

By Walking

0.83 %

By Bicycle

0.83 %

By Other Methods

2.67 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

13.36 %

Houses

86.64 %

Own Vs. Rent