$1,049,900
Available - For Sale
Listing ID: X12041194
326 Front Stre , Belleville, K8N 2Z8, Hastings


An established business since 1968, this property features a thriving Italian/Canadian restaurant with 91 seats, licensed for delivery/take-out. The main floor spans 3156 sq ft, and the second floor covers 2330 sq ft. It is strategically located across from the renowned Empire Theatre for Performing Arts and next to three high-rise condo buildings, offering a prime downtown location in Belleville. This turnkey operation boasts high profitability and low overheads, making it an excellent opportunity for ownership. Full training is provided, and the second floor can be converted into four to six rental units for additional income.
Price $1,049,900
Taxes: $10465.32
Tax Type: Annual
Assessment Year: 2024
Occupancy: Owner
Address: 326 Front Stre , Belleville, K8N 2Z8, Hastings
Postal Code: K8N 2Z8
Province/State: Hastings
Directions/Cross Streets: Front St & Victoria Ave
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 0
Washroom Type 7 0
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Category: With Property
Use: Pizzeria
Total Area: 0.00
Retail Area Code: Sq Ft
Financial Statement: F
Chattels: T
Franchise: F
Hours Open: Sunday
Employees #: 7
Seats: 96
Washrooms: 0
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
Schools

5 public & 3 Catholic schools serve this home. Of these, 8 have catchments. There are 2 private schools nearby.

Parks & Rec

1 playground, 1 basketball court and 1 other facilities are within a 20 min walk of this home.

Transit

Rail transit stop less than 2 km away.

$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $52,495 $104,990 $157,485 $209,980
First Mortgage $997,405 $944,910 $892,415 $839,920
CMHC/GE $39,896.2 $29,292.21 $24,987.62 $0
Total Financing $1,037,301.2 $974,202.21 $917,402.62 $839,920
Monthly P&I $5,118.89 $4,807.51 $4,527.22 $4,144.85
Expenses $0 $0 $0 $0
Total Payment $5,118.89 $4,807.51 $4,527.22 $4,144.85
Income Required $191,958.52 $180,281.69 $169,770.6 $155,432

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
$2,590.53
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX COMMUNITY REALTY INC.
Personal Picture
Sharon Soltanian
Broker Of Record
Dir:
416-892-0188
Bus:
416-901-8881
 
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At a Glance:
Type: Com - Sale Of Business
Area: Hastings
Municipality: Belleville
Neighbourhood: Belleville Ward
Style:
Lot Size: x 115.69(Feet)
Approximate Age:
Tax: $10,465.32
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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