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$449,900 CAD
485 Sidney Street
Belleville, Ontario K8P 4A3
Canada
Belleville, Ontario K8P 4A3
Canada
Remarks:
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***
Features:
- Location: Neighborhood: Belleville Ward
Location:
485 Sidney Street, Belleville, Ontario K8P 4A3, Canada
Listed By CENTURY 21 Lanthorn Real Estate Ltd. Brokerage
The Residential For Sale, Single Family located at 485 Sidney Street, Belleville, Ontario K8P 4A3, Canada is currently for sale. 485 Sidney Street, Belleville, Ontario K8P 4A3, Canada is listed for $449,900 CAD. This property has 4 bedrooms, 2 bathrooms. If the property located at 485 Sidney Street, Belleville, Ontario K8P 4A3, Canada isn't what you're looking for, search Ontario Real Estate to see other Homes For Sale in Belleville.





