ON > Belleville (belleville Ward) > Belleville Ward
Belleville (belleville Ward), ON K8P4A3,485 SIDNEY STREET
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Belleville (belleville Ward), ON K8P4A3,485 SIDNEY STREET
Belleville (belleville Ward), ON K8P4A3,485 SIDNEY STREET
Belleville (belleville Ward), ON K8P4A3,485 SIDNEY STREET
Belleville (belleville Ward), ON K8P4A3,485 SIDNEY STREET
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Katharina Lenz

Katharina Lenz

+1(506) 269-3975
$ 449,900
Est. payment /mo
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485 SIDNEY STREET Belleville (belleville Ward), ON K8P4A3

4 Beds

2 Baths

700 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 700 sqft

Price per Sqft $642

Subdivision Belleville Ward

MLS® Listing ID X12517028

Bedrooms 4

Half Baths 1

Property Sub-Type Freehold

Source Central Lakes Association of REALTORS®

Property Description

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*** (id:24570)

Location

Province ON

Rooms

Kitchen 1.0

Extra Room 1 Second level 3.47 m X 3.89 m Primary Bedroom

Extra Room 2 Second level 3.52 m X 3.27 m Bedroom

Extra Room 3 Main level 3.25 m X 3.88 m Kitchen

Extra Room 4 Main level 5.84 m X 3.7 m Dining room

Extra Room 5 Main level 3.94 m X 5.75 m Living room

Interior

Heating Radiant heat

Cooling None

Flooring Laminate

Exterior

Parking Features No

Community Features School Bus

View Y/N No

Total Parking Spaces 5

Private Pool No

Building

Story 2

Sewer Sanitary sewer

Others

Ownership Freehold

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Listed by CENTURY 21 LANTHORN REAL ESTATE LTD.
Katharina Lenz

Katharina Lenz

+1(506) 269-3975

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485 SIDNEY STREET