Property Description

30-42 UNIT MULTI STOREY WATERVIEW DEVELOPMENT SITE FOR SALE!!! This Development site has been zoned for a 30 unit 5 story building with one level of underground parking. A zoning by law change in Belleville that is pending will allow the addition of at least another 10 units, possibly more. Current floor plans have the fifth story stepped back from the road (mandated by the zoning) with two large penthouse units. The first four floors are a mix of large one and two bedroom units and the vast majority have water views of the Bay of Quinte. The Site plan is currently in process and the seller would accept an offer conditional upon final site plan approval and the addition of more units after the ZBL has come into affect. The seller is a licensed realtor and the LA. The federal government has eliminated the GST on all new multi-unit construction and this site is eligible for low interest construction funding from the CMHC. Please see the attached pro forma based on 30 units being

Features
: Gas Forced Air Open
: N
: N
Address Map
CA
Ontario
Belleville
K8P 1B6
Dundas
421
0
W78° 35' 30.6''
N44° 8' 49.3''
More info
RE/MAX QUINTE LTD.
0
2023-11-14 13:17:37.0
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Investment For Sale

421 Dundas St, Belleville, Ontario K8P 1B6

  • Area: 0.77 Sqft
  • Visits : 26 in 371 days
$2,100,000
Listing ID#X7297592
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Basic Details
Property Type : Investment
Listing Type : For Sale
Listing ID : X7297592
Price : $2,100,000
Area : 0.77 Sqft
Year Built : 0
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Firas Al-Rifay
Ontario Real Estate @JDF Realty.LTD Brokerage
Ontario Real Estate @JDF Realty.LTD Brokerage
999 Edgeley Blvd. Units 5-6 Vaughan, Ontario, Canada L4K 4R7
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