$889,000

For sale

640 Dundas Street East, Belleville (Belleville Ward) - Retail for Sale

640 Dundas Street East, Belleville (Belleville Ward), Ontario, K8N1G7

3,300 ft²50 × 240 ft (12,000 sq ft) lot sizeListed 61 days ago

Overview

This retail property in Belleville is for sale offering roughly 3,300 sq ft of space. It has been on the market 61 days, fresher than the Belleville average of 79 days.

Retail Space for Sale in Belleville →All real estate in Belleville →

Description

1.13 acre commercial property with 3,300 sf single story building with concrete roof deck, no interior structure. The building is currently a mix of office (3 private offices and 2 bathrooms) and warehouse. Sale is for two adjacent properties with access off of Haig Rd. Developments proceeding in the area: Proposed 599 residential units(with no commercial component) immediately to the South of 640 Dundas St E, Parkville Greens subdivision to the East is about to start phase 3 of 3. The commercial property immediately to the West of 640 Dundas St E has a newly constructed pad with national tenants (starbucks, popeyes, dominos). Fenced yard at the rear of the property could be converted to a building footprint or additional parking. (id:66096)

Property Details

MLS®: X13744614
Property Type: Retail
Zoning: C3 and R3
Interior Size: 3,300 ft²
Lot Size: 50 × 240 ft (12,000 sq ft)
Frontage: 50 ft
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $10,646/yr
Listed: 61 days ago

Services

Water: Municipal water
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

61d

Belleville (Belleville Ward) listings, avg age

79d

Price / ft²

$269

List price

$889K

Haho

This retail in Belleville (Belleville Ward) has been listed for 61 days, which is 18 days fresher than the city average of 79. Act while there is still low competition.

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Listed by Century 21 Lanthorn Real Estate Ltd · Tom Mcevoy

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K8N)

This home lists at $889,000, about 11.3× the local median household income of $79,000.

Carrying it typically needs a household income of about $173,653 (20% down, 25-yr amortization, stress-tested) — roughly 120% above the area median.

Median household income: $79,000
Population: 30,393
Median age: 48
Owner / renter: 70% / 30%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA K8N)

$889,000· $269/ft²

For sale

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Financing

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