6
See all 6 photos
$1,450,000
Est. payment /mo
8 Beds
4 Baths
New
5 Sienna AVE Belleville, ON K8P 0E5
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
Subdivision Belleville Ward
MLS Listing ID X12540074
Style 2-Storey
Bedrooms 8
Tax Year 2025
Property Sub-Type Fourplex
Property Description
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
Province ON
County Hastings
Community Belleville Ward
Area Hastings
Rooms
Family Room Yes
Basement None
Kitchen 4
Interior
Interior Features None
Cooling Central Air
Fireplace No
Heat Source Electric
Exterior
Pool None
Roof Type Asphalt Shingle
Lot Frontage 77.55
Lot Depth 117.33
Total Parking Spaces 4
Building
Foundation Slab
Others
ParcelsYN No
Listed by CENTURY 21 LANTHORN REAL ESTATE LTD.