4 Bedroom
2 Bathroom
700 - 1100 sqft
Fireplace
None
Radiant Heat
$449,900
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:49187)
Property Details
|
MLS® Number
|
X12517028 |
|
Property Type
|
Single Family |
|
Community Name
|
Belleville Ward |
|
Amenities Near By
|
Hospital, Place Of Worship, Schools |
|
Community Features
|
School Bus |
|
Features
|
Level Lot |
|
Parking Space Total
|
5 |
Building
|
Bathroom Total
|
2 |
|
Bedrooms Above Ground
|
4 |
|
Bedrooms Total
|
4 |
|
Age
|
100+ Years |
|
Basement Development
|
Unfinished |
|
Basement Type
|
N/a (unfinished) |
|
Construction Style Attachment
|
Detached |
|
Cooling Type
|
None |
|
Exterior Finish
|
Stucco |
|
Fireplace Present
|
Yes |
|
Flooring Type
|
Laminate |
|
Foundation Type
|
Stone |
|
Half Bath Total
|
1 |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Radiant Heat |
|
Stories Total
|
2 |
|
Size Interior
|
700 - 1100 Sqft |
|
Type
|
House |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Land Amenities
|
Hospital, Place Of Worship, Schools |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
150 Ft ,2 In |
|
Size Frontage
|
74 Ft ,2 In |
|
Size Irregular
|
74.2 X 150.2 Ft |
|
Size Total Text
|
74.2 X 150.2 Ft |
|
Zoning Description
|
R2 |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Second Level |
Primary Bedroom |
3.47 m |
3.89 m |
3.47 m x 3.89 m |
|
Second Level |
Bedroom |
3.52 m |
3.27 m |
3.52 m x 3.27 m |
|
Main Level |
Kitchen |
3.25 m |
3.88 m |
3.25 m x 3.88 m |
|
Main Level |
Dining Room |
5.84 m |
3.7 m |
5.84 m x 3.7 m |
|
Main Level |
Living Room |
3.94 m |
5.75 m |
3.94 m x 5.75 m |
Utilities
|
Cable
|
Installed |
|
Electricity
|
Installed |
|
Sewer
|
Installed |
https://www.realtor.ca/real-estate/29075077/485-sidney-street-belleville-belleville-ward-belleville-ward
