$199,900
19 & 21 Railway TER Belleville, ON K8N 2R8
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$199,900
Est. payment /mo
Active
19 & 21 Railway TER Belleville, ON K8N 2R8
UPDATED:
10/07/2024 04:55 PM
Key Details
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID X9385548
Annual Tax Amount $2,501
Tax Year 2024
Property Description
Looking for the ideal spot for your next multi-family development? This 47.6' x 111' corner lot in Belleville's East end is a prime opportunity. Situated in a community with strong rental demand, this property offers the perfect setting for an investment build or custom home. The existing red brick duplex (footprint of 1,500sqft), damaged by fire, is ready for demolition, with utilities (Gas, Electrical, and Water) already disconnected. This lot is being sold in as is condition for land value only. Belleville's updated Zoning by-law, combined with Ontario's Bill 23, makes this an excellent time to capitalize on the growing demand for densification and multi-family construction. The driveway, conveniently located off the side street, maximizes lot space and parking potential. Only a 2-minute walk to the Via Rail station, a 5-minute drive to Highway 401, and conveniently located on a bus route, this property provides excellent access for commuters and Loyalist College students alike.
Location
State ON
County Hastings
Rooms
Kitchen 0
Interior
Interior Features None
Exterior
Garage Private Double
Garage Spaces 6.0
Waterfront No
Waterfront Description None
Parking Type None
Total Parking Spaces 6
Listed by ROYAL LEPAGE PROALLIANCE REALTY
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