249-253 Front Street
Belleville, ON
12,722 sqft • Investment • 71 days on market
Introducing the Burrows Building, a turnkey mixed-use investment opportunity in the heart of Downtown Belleville. This fully renovated and fully tenanted property offers stable, diversified income streams through a mix of commercial and residential units, making it an attractive opportunity for private investors, real estate professionals, and portfolio landlords alike. The building features 2 commercial units and 11 residential apartments, including 8 bachelor units, 1 two-bedroom unit, and 2 one-bedroom units, all of which are currently leased and have a history of strong tenant demand and minimal vacancy. Extensive renovations and capital improvements have already been completed, including structural upgrades, new windows, new fire escapes, enhanced security systems, and significant interior renovations throughout the building. The building's historic character has been preserved with exposed brick walls, while modern upgrades provide functionality and comfort. Located in Belleville's growing Downtown Core, the property benefits from ongoing economic development, nearby amenities, and continued demand for both residential and commercial space. The Burrows Building presents an excellent opportunity to acquire a stabilized, income-producing asset with immediate cash flow and long-term appreciation potential.
Listing Details
- Taxes (2025)
- $26,753
- Listed
- June 17, 2026
Price History
Listing history
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Property
- Lot Size
- 60.75 x 172.24 Feet
Location & Legal
- Cross Street
- Front Street And Campbell St
- Zoning
- MX1
- Parcel Number
- 404750122
- Possession
- Immediate
Commercial
- Occupancy
- Tenant
Community
Postal area K8N
- Population
- 30,393
- Private dwellings
- 13,782
- Median age
- 48
- Average household size
- 2.3
- Median household income
- $79,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Belleville · last 12 months
- Median sold price
- $505,000
- Homes sold
- 757
- Median days on market
- 32
- Sale-to-list price
- 97.3%
Based on 757 recorded sales of commercial properties in Belleville over the last 12 months.
Listed by
EKORT REALTY LTD.
Location
Commercial figures
- Building area
- 12,722 sq ft
- Price per sq ft
- $224.02
- Annual property tax
- $26,753
- Tax per sq ft
- $2.10
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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