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***
Property Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
2-Storey
Approx. Age:
100+
Total Approx Floor Area:
700-1100
Lot Depth:
150'2"45.8 m
Lot Frontage:
74'2"22.6 m
Direction Faces:
East
Bedrooms:
4
Bathrooms:
2.0
Water supply:
Municipal
Kitchens:
1
Bedrooms Above Grade:
4
Kitchens Above Grade:
1
Rooms Above Grade:
3
Zoning:
R2
Heating type:
Radiant
Heating Fuel:
Gas
Foundation:
Stone
Roof:
Asphalt Shingle
Basement:
Unfinished
Fireplace/Stove:
Yes
Garage:
None
Garage Spaces:
0.0
Parking Features:
Front Yard Parking
Parking Spaces:
5
Total Parking Spaces:
5.0
Family Room:
No
Possession Details:
flexible
Pool:
None
Link:
No
HST Applicable To Sale Price:
Included In
Taxes:
$3,361 /
2025
Assessment:
$- /
-
Hastings
Belleville
Belleville Ward
Hospital, Level, Place Of Worship, School, School Bus Route
Data was last updated November 10, 2025 at 06:15 PM (UTC)
Area Statistics
Listings on market:
157
Avg list price:
$600,000
Min list price:
$199,900
Max list price:
$3,975,000
Avg days on market:
47
Min days on market:
2
Max days on market:
511
These statistics are generated based on the current listing's property type
and located in
Belleville Ward. Average values are
derived using median calculations. This data is not produced by the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.