For Sale

421 DUNDAS Street, Belleville, Ontario K8P 1B6

$1,899,000

421 DUNDAS Street, Belleville, Ontario K8P 1B6 is For Sale and has a listing price of 1,899,000. The property is located in the Belleville . It's been on the website for 59 Days.

  • Investment
    Property Type
  • MLS ID: X12034870
  • Office Name RE/MAX QUINTE LTD.
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 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.

Property Details
  • MLS ID: X12034870
  • Price: $1,899,000
  • Lot Depth: 296.62
  • Transaction Types: For Sale
  • Ref ID: X12034870
  • Year Built: N/A
  • Dir / Cross St: Wrighht Ave/Dundas St W
  • Status: Active
  • Tax Year: 2024
  • Property Type: Investment
  • Property Type: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
03/21/2025 X12034875 $1,899,000 For Sale - -
03/21/2025 X12034870 $1,899,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Belleville
  • $717,263 Average List Price
    based on 1 year
  • 47 New Listings
    based on 30 days
  • 163 Median Days on Market
    based on 1 year
  • List vs. Selling Price 58.3 % Up
  • Sold (12mo) 439
  • Rented (12mo) 136

  • 1 Month Change -10.1%
  • 3 Month Change -17.7%
  • 6 Month Change +11.4%
Walkscore
  • 26 Walk Score
    Car-Dependent
  • 40 Bike Score
    Somewhat Bikeable
Property Type Distribution
  • All Houses
    80.98%
  • All Houses/Commercial
    0.01%
  • Commercial
    10.71%
  • Condo
    7.65%
  • Land for Sale
    0.65%
Additional Details
  • Heat Type Gas Forced Air Open
  • Garage Type Underground
  • Kitchen Y
  • Taxes: $8,500
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Immediate
  • Listing Entry Date: 21/03/2025 18:21:05
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