MULTI STORY DEVELOPMENT SITE FOR SALE IN CENTRAL BELLEVILLE! Rare 0.728 acre mid-rise development opportunity in the heart of Belleville with over 200 ft of road frontage and MX-1 zoning, with permitted highest and best use of multi-story building with ground floor commercial and 33 residential units above. Alternative potential developments include commercial office building, medical building, long term care home or retirement home development. Exceptional opportunity for developers and investors to capitalize on the continued demand for housing and intensification within the city, with potential eligibility for attractive CMHC MLI Select government-backed financing programs offering up to 95% Loan-to-cost for qualifying projects. Centrally located just minutes to downtown Belleville, Belleville General Hospital, the waterfront, shopping, restaurants, and Highway 401. Rare opportunity to secure a large infill development site in one of Eastern Ontario's fastest growing markets. Full zoning package available.
| MLS # | X13156556 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 160 |
| Listing Provided By | eXp Realty | X13156556 285449 |
| SQ Feet | 31,711 |
|---|---|
| Acreage | 0.73 |
| Security Features | No |
|---|
| Utilities | Available |
|---|---|
| Sewer | Sanitary |
| Tax Annual Amount | 6469.4 |
|---|---|
| Tax Type | Annual |
| Tax Legal Description | LT 3 W/S COLEMAN ST, 4 W/S COLEMAN ST, 5 W/S COLEMAN ST, 6 W/S COLEMAN ST PL 23 THURLOW; PT LT 3 E/S ALBERT ST, 4 E/S ALBERT ST, 5 E/S ALBERT ST, 6 E/S ALBERT ST PL 23 THURLOW PT 1 & 2 21R9669 EXCEPT 21R19708; BELLEVILLE ; COUNTY OF HASTINGS |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| County | Hastings |
| City | Belleville |
| Postal Code | K8P 3J4 |
| Area | Belleville Ward |
| Listing VS Median (in K8P 3J4) | |
Price: $950,000 low | high Med: $950,000 sqft: 31,711 low | high Med: 31,711 $ / sqft: $30 low | high Med: $30 On site: 160 low | high Med: 160 | |
| Province | ON |
|---|---|
| County | Hastings |
| City | Belleville |
| Postal Code | K8P 3J4 |
| Area | Belleville Ward |
| Listing VS Median (in K8P 3J4) | |
Price: $950,000 low | high Med: $950,000 sqft: 31,711 low | high Med: 31,711 $ / sqft: $30 low | high Med: $30 On site: 160 low | high Med: 160 | |