19 & 21 Railway TER Active

Belleville,ON K8N 2R8

$ 199900

- Bed

0 Bath

- SqFt


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

Province 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

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