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Key Facts
Key facts for 19 & 21 Railway Terrace
Property Type
Lots/Land
Parking
None , 6 parking
MLS #
X9385548
Size
-
Basement
-
Listed on
2024-10-07
Lot size
48 x 111.19
Tax
$2,501.58 /yr
Days on Market
40
Approximate Age
-
Maintenance Fee
-
Description
Looking for the ideal spot for your next multi-family development? This 47.6' x 111' corner lot in Belleville's East end is a prime opportunity. Situated in a community with strong rental demand, this property offers the perfect setting for an investment build or custom home. The existing red brick ...duplex (footprint of 1,500sqft), damaged by fire, is ready for demolition, with utilities (Gas, Electrical, and Water) already disconnected. This lot is being sold in as is condition for land value only. Belleville's updated Zoning by-law, combined with Ontario's Bill 23, makes this an excellent time to capitalize on the growing demand for densification and multi-family construction. The driveway, conveniently located off the side street, maximizes lot space and parking potential. Only a 2-minute walk to the Via Rail station, a 5-minute drive to Highway 401, and conveniently located on a bus route, this property provides excellent access for commuters and Loyalist College students alike.
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