19 & 21 Railway Terrace, Belleville, ON

$199,900
MLS#:X9385548
0 beds
0 baths
6.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable [] vacant land located in the coveted neighborhood of Belleville Ward. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $199,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 0 Bathrooms
  • Premium 47.6 x 111.19 ft lot size
  • Features a [] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available
  • Notable attributes: None
  • equipped with [] central cooling

Looking for the ideal spot for your next multi-family development? This 47.6' x 111' corner lot in Belleville's East end is a prime opportunity. Situated in a community with strong rental demand, this property offers the perfect setting for an investment build or custom home. The existing red brick duplex (footprint of 1,500sqft), damaged by fire, is ready for demolition, with utilities (Gas, Electrical, and Water) already disconnected. This lot is being sold in as is condition for land value only. Belleville's updated Zoning by-law, combined with Ontario's Bill 23, makes this an excellent time to capitalize on the growing demand for densification and multi-family construction. The driveway, conveniently located off the side street, maximizes lot space and parking potential. Only a 2-minute walk to the Via Rail station, a 5-minute drive to Highway 401, and conveniently located on a bus route, this property provides excellent access for commuters and Loyalist College students alike.

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Key Features

000
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 18, 2024
Sold price information is available to members only
Listed Date10/7/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land
Lot Size47.6 × 111.19 Feet
CountyHastings
Annual Tax$2,501.58
Legal DescriptionPT LT 14 PL 91 THURLOW AS IN QR513878; BELLEVILLE

Parking & Garage

Parking Spaces6.0
Garage Spaces6
Garage TypeNone

Heating & Cooling

Cooling[]

Features

Property Features

Community Features

Location

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19 & 21 Railway Terrace, Belleville, ON
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Property History

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This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 19 & 21 Railway Terrace, Belleville, ON K8N 2R8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.
Financial Audit

Estimated Costs

Loan Amount$159,920
Monthly Mortgage$929
Property Tax (Est.)$208
Utilities & Maint.$350
Total Monthly Cost$1,487

Strategic Fiscal Clarity

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