421 DUNDAS ST W Active

Belleville,ON K8P 1B6

$ 1899000

0 Bed

0 Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Belleville Ward

MLS Listing ID X12034875

Annual Tax Amount $8,500

Tax Year 2024

Lot Size 0.500 Acres

Property Sub-Type Vacant Land

Property Description

42 UNIT MULTI STOREY WATERVIEW DEVELOPMENT SITE FOR SALE!!! This Development site is zoned for a 42 unit 5 story building with one level of underground parking. Current floor plans have the fifth story stepped back from the road (mandated by the zoning) with four large penthouse units. The first four floors are a mix of large one and two bedroom units with the majority of large two bedrooms units on the water view side and upper floors, and the 1 bedroom units on the first floor and street side. A well known architectural firm has been contracted to complete all the drawings necessary for final site plan approval. A preliminary set is attached to the listing along with elevations, a final storm water study, geo technical investigation, and a noise and vibration study. A pro forma with comparable rents is forthcoming. The seller is a licensed realtor and the LA. The federal government has eliminated the GST on all new multi-unit construction and this site is eligible for low interest construction funding from the CMHC.

Location

Province ON

County Hastings

Community Belleville Ward

Area Hastings

Rooms

Kitchen 0

Exterior

Waterfront Description None

Building

New Construction false

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