104 Cannifton Rd

Belleville | | K8N 4V3
  • 9
  • 16
  • 0

$2,585,000

Est. Mtg $8,765 /mo
  • Days on market

    103

  • Status

    New

Listing Broker Rogers & Trainor Commercial Realty
Since listed: 1 views

Home details

MLS #:

X9018319

Property type:
Fourplex
Style:
Other
Taxes:
$33,271
Possession:
Flexible
Lot Front:
91.0   Feet
Lot Depth:
170.0   Feet
Basement:
Finished | Full
Driveway Pkg:
16
Heat:
Electric | Other

Description


104 Cannifton Rd, , Belleville, Ontario is a Fourplex property in Belleville and in the community in the K8N 4V3 postal code


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..

Extras

**Interboard Listing: Kingston and Area Real Estate Association**.


History

Sign in for full access
List Date End Date List Price End Price Status MLS #
2024-07 2024-07 $2,585,000 $2,585,000 New X9018319
2018-09 $1,399,900 $1,399,900 X4189809
2023-07 $599,000 $615,000 X6457041
2023-07 $660,000 $660,000 X6457833
2023-07 $699,000 $699,000 X6458229
2022-06 $2,799,900 $2,799,900 X5516427
2023-07 $1,085,000 $1,085,000 X6484726
2020-03 $1,479,000 $1,479,000 X4707820
2023-07 $699,000 $625,000 X6457571
2023-07 $1,085,000 $1,085,000 X6484813
2023-07 $829,000 $829,000 X6464764

Comparables

Sign in for full access
sold Date Address List Price sold Price DOM

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Belleville :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 104 Cannifton Rd

Based on available 3rd party data

$11672

Approximate costs per month

Mortgage
$8765 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$2772 p/m
Maintenance
$0 p/m

Amenities:

Features:

  • Other
Listing Broker Rogers & Trainor Commercial Realty
Data Source: TRREB

Payment calculator

$11537 monthly. In association with: TD Bank
%
  • Principal and Interest
    8765 /mo
  • Property Taxes
    $2772 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Amadore Zhao, Realtor

Similar properties you may like