356 Coleman Street, Belleville (Belleville Ward) - Vacant Land for Sale

356 Coleman Street, Belleville (Belleville Ward), Ontario, K8P3J4

1 ft²31,712 sq ft (0.72 ac) lotListed 167 days ago

Overview

This lot in Belleville is for sale offering roughly 1 sq ft of space.

Land for Sale in Belleville →All real estate in Belleville →

Description

MULTI STORY DEVELOPMENT SITE FOR SALE IN CENTRAL BELLEVILLE! Rare 0.728 acre mid-rise development opportunity in the heart of Belleville with over 200 ft of road frontage and MX-1 zoning, with permitted highest and best use of multi-story building with ground floor commercial and 33 residential units above. Alternative potential developments include commercial office building, medical building, long term care home or retirement home development. Exceptional opportunity for developers and investors to capitalize on the continued demand for housing and intensification within the city, with potential eligibility for attractive CMHC MLI Select government-backed financing programs offering up to 95% Loan-to-cost for qualifying projects. Centrally located just minutes to downtown Belleville, Belleville General Hospital, the waterfront, shopping, restaurants, and Highway 401. Rare opportunity to secure a large infill development site in one of Eastern Ontario's fastest growing markets. Full zoning package available. (id:66096)

Property Details

MLS®: X13156556
Property Type: Vacant Land
Business Type: Residential
Zoning: MX-1
Interior Size: 1 ft²
Lot Size: 31,712 sq ft (0.72 ac)
Frontage: 205 ft
Price per Acre: $1,304,932 per acre
Property Tax: $6,469.4/yr
Listed: 167 days ago

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

167d

Belleville (Belleville Ward) listings, avg age

79d

Price / ft²

$950,000

List price

$950K

Haho

This vacant land in Belleville (Belleville Ward) is available now. Want me to connect you with the agent or keep you posted on any price updates?

Set a price alert Book a showing

Listed by eXp Realty · George Wang

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K8P)

This home lists at $950,000, about 14.7× the local median household income of $64,500.

Carrying it typically needs a household income of about $185,568 (20% down, 25-yr amortization, stress-tested) — roughly 188% above the area median.

Median household income: $64,500
Population: 23,166
Median age: 44.4
Owner / renter: 52% / 48%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA K8P)

$950,000· $950,000/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Financing

Need a commercial mortgage?

Commercial lenders price on income, tenancy, and zoning rather than posted rates. Our partner mortgage brokers at iShopRates structure the file and shop lenders for you.

Inquire about financing →

Planning to build?

Before you offer on a development site, know what you can build. PreBuildIQ delivers zoning verdicts and required study scopes for any Ontario address in 60 seconds.

Check your site with PreBuildIQ →