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$449,900
Available - For Sale
Listing ID: X12517028
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***
Price $449,900
Taxes: $3,361
Occupancy by: Tenant
Address: 485 Sidney Street , Belleville, K8P 4A3, Hastings
Directions/Cross Streets: Sidney St
Rooms: 3
Bedrooms: 4
Bedrooms +: 0
Washrooms: 2
Family Room: F
Basement: Unfinished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Kitchen 10.66 12.73
Room 2: Main Dining Ro 19.16 12.14
Room 3: Main Living Ro 12.92 18.86 Laminate
Room 4: Second Primary B 11.38 12.76 Laminate
Room 5: Second Bedroom 11.55 10.73
No. of Pieces Level
Washroom 1 4 Second
Washroom 2 2 Main
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 4 Second
Washroom 7 2 Main
Washroom 8 0
Washroom 9 0
Washroom 10 0
Washroom 11 4 Second
Washroom 12 2 Main
Washroom 13 0
Washroom 14 0
Washroom 15 0
Property Type: Detached
Style: 2-Storey
Exterior: Stucco (Plaster)
Garage Type: None
(Parking/)Drive: Front Yard
Drive Parking Spaces: 5
Park #1
Parking Type: Front Yard
Park #2
Parking Type: Front Yard
Pool: None
Approximatly Age: 100+
Approximatly Square Footage: 700-1100
Property Features: Hospital
Level
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: Y
Heat Type: Radiant
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
Utilities-Cable: Y
Utilities-Hydro: Y
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
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CMHC/GE $ $ $ $
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
CENTURY 21 LANTHORN REAL ESTATE LTD.

485 Sidney Street , Belleville, K8P 4A3, Hastings

Personal Picture
MD Ashraful Bari
Broker
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647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Detached
Area: Hastings
Municipality: Belleville
Neighbourhood: Belleville Ward
Style: 2-Storey
Lot Size: x 150.16(Feet)
Approximate Age: 100+
Tax: $3,361
Maintenance Fee: $0
Beds: 4
Baths: 2
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
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Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229


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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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