19 & 21 Railway Terrace Belleville, Ontario K8N 2R8
$199,900
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. (id:51737)
Property Details
| MLS® Number | X9385548 |
| Property Type | Vacant Land |
| Features | Irregular Lot Size |
| ParkingSpaceTotal | 6 |
Building
Land
| Acreage | No |
| SizeDepth | 111 Ft ,2 In |
| SizeFrontage | 47 Ft ,7 In |
| SizeIrregular | 47.6 X 111.19 Ft ; Approx. 4 Foot Jog On South Lot Line. |
| SizeTotalText | 47.6 X 111.19 Ft ; Approx. 4 Foot Jog On South Lot Line.|under 1/2 Acre |
| ZoningDescription | R2 |
Utilities
| Cable | Available |
| Sewer | Available |
https://www.realtor.ca/real-estate/27512482/19-21-railway-terrace-belleville
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October 16 2024 02:41:39
Durham Region Association of REALTORS®
Royal LePage Proalliance Realty