Button CopyPathCircle CloseCircle Left ArrowArrow Down Icon GreyClosecirclecircleBurger
Royal LePage
Royal LePage
Image 1
Image 2
Image 3
$449,900

4 Beds

2 Baths

700 - 1100 FEETSQ

QuickQuoteTM: $416K - $507K

Belleville (Belleville Ward) ON, K8P 4A3

MLS® # X12517028

Property Information:

ATTENTION INVESTORS AND DEVELOPERS!!!! Prime 6-Unit Infill Development Opportunity! Exceptional opportunity to develop a 6-unit multi-residential building in a high demand, established neighbourhood. This property offers the ideal combination of location, approval readiness, and investment potential. A minor variance has been approved by the City, allowing for a 3.5-metre side yard setback, maximizing the buildable envelope and streamlining the path to construction. The approved building envelope is attached, providing a clear framework for design and permitting. Currently rented for $2,250 per month, the property carries itself while you complete design and permitting, making it an excellent buy-and-hold development opportunity. Investors and developers can also take advantage of the CMHC MLI Select program, offering favourable financing terms, higher loan to value ratios, and extended amortizations for qualifying projects. Situated in a prime infill location close to amenities, schools, and transit, this site presents an outstanding opportunity to deliver modern, efficient housing in a thriving community. Build your next profitable multi-unit project with confidence! All the groundwork has already been done for you! *** 3 Bedrooms missing in the iguide due to tenants*** (id:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Basement Development: Unfinished
  • Basement Type: N/A
  • Construction Style - Attachment: Detached
  • Exterior Finish: Stucco
  • Fireplace: Yes
  • Floor Space: 700 - 1100 sqft
  • Flooring Type: Laminate
  • Foundation Type: Stone
  • Heating Type: Radiant heat
  • Heating Fuel: Natural gas
  • Cooling Type: None

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 4
  • Bathrooms: 2
  • Half Bathrooms: 1
  • Amenities Nearby: Hospital, Schools
  • Community Features: School Bus
  • Features: Level lot
  • Floor Space (approx): 700 - 1100 Square Feet
  • Irregular: Yes
  • Lot Depth: 150.2 Feet
  • Lot Frontage: 74.2 Feet
  • Lot Size: 74.2 x 150.2 FT
  • Utility Type: Sewer - Installed, Cable - Installed, Hydro - Installed
  • Zoning: R2
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 5

Rooms:

  • Primary Bedroom 2nd Level 3.47 m x 3.89 m
  • Bedroom 2nd Level 3.52 m x 3.27 m
  • Kitchen Main Level 3.25 m x 3.88 m
  • Dining Main Level 5.84 m x 3.70 m
  • Living Main Level 3.94 m x 5.75 m

Convert Measurement to:


Courtesy of: CENTURY 21 LANTHORN REAL ESTATE LTD.

REALTOR.ca  

More Detail
Less Detail
QuickQuoteTM Powered by RPS
Approximate value for 4 bed, 2 bath house in this area is:
List Price
below Estimate List Price
above Estimate
List Price
QuickQuoteTM provides an estimated range of a property's current value and is based on recent historical data and neighbourhood sales. QuickQuoteTM may vary from the list price as a result of market dynamics, or if the property has changed substantially since its last sale. Click below to connect with an expert. By using QuickQuoteTM you acknowledge that you have read and agree to the Terms of Use and the Privacy Policy.

Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 485 SIDNEY STREET, Belleville (Belleville Ward), Ontario, K8P 4A3

Demographic Information of 485 SIDNEY STREET, Belleville (Belleville Ward), Ontario, K8P 4A3

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$97,299.64

Average Number of Children

1.67

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

14.7 %

High school certificate or equivalent

33.12 %

Apprenticeship trade certificate/diploma

5.73 %

College/non-university certificate

30.48 %

University certificate (below bachelor)

1.03 %

University Degree

14.94 %

Commuter

Travel To Work

By Car

88.3 %

By Public Transit

3.43 %

By Walking

5.32 %

By Bicycle

0.1 %

By Other Methods

2.85 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

30.61 %

Houses

69.39 %

Own Vs. Rent

More Detail
Less Detail