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421 Dundas Street W Belleville (Belleville Ward), Ontario K8P 1B6

0.768 ac
Other

$1,899,000

42 UNIT MULTI STOREY WATERVIEW DEVELOPMENT SITE FOR SALE!!! This Development site is zoned for a 42 unit 5 story building with one level of underground parking. Current floor plans have the fifth story stepped back from the road (mandated by the zoning) with four large penthouse units. The first four floors are a mix of large one and two bedroom units with the majority of large two bedrooms units on the water view side and upper floors, and the 1 bedroom units on the first floor and street side. A well known architectural firm has been contracted to complete all drawings necessary for final site plan approval. A preliminary set is attached to the listing along with elevations, a final storm water study, geo technical investigation, and a noise and vibration study. A pro forma with comparable rents is forthcoming. 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. (id:40227)

Business

BusinessType Residential
BusinessSubType Apartments

Property Details

MLS® Number X12034870
Property Type Multi-family
Community Name Belleville Ward
AmenitiesNearBy Public Transit

Building

HeatingFuel Natural Gas
HeatingType Other
SizeInterior 0.768 Ac
Type Multi-family
UtilityWater Municipal Water

Parking

Underground

Land

Acreage No
LandAmenities Public Transit
SizeDepth 296 Ft ,7 In
SizeFrontage 109 Ft ,6 In
SizeIrregular 109.55 X 296.62 Ft
SizeTotalText 109.55 X 296.62 Ft
ZoningDescription R7-14

https://www.realtor.ca/real-estate/28059017/421-dundas-street-w-belleville-belleville-ward-belleville-ward

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RE/MAX Quinte Ltd., Brokerage
106 North Front Street
Belleville, Ontario K8P 3B4

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