421 DUNDAS Street W , Belleville

$1,600,000 / MLS® Listing #:40365680

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30 UNIT MULTI STOREY WATERVIEW DEVELOPMENT SITE FOR SALE!!! This Development site has been zoned for a 30 unit 5 storey building with one level of underground parking. Suitable for either a condominium or rental building. Current floor plans have the fifth storey stepped back from the road (mandated by the zoning) with two large penthouse units with outdoor amenity space. The first four floors are a mix of large one and two bedroom units and the vast majority have water views of the Bay of Quinte. There is currently a huge demand in the Quinte area for high end condominium's and rental units are also desperately needed . This building would be eligible for construction funding from the federal government under the RCFI program and eligible for municipal grants and tax rebates under Bellevilles community improvement plan. The Site plan is currently in process and the seller would potentially work with a buyer on completing an altered site plan of their choosing prior to closing depending on terms. (id:10452)

Property Details

Property Type Multi-family
Square Feet 30000.0000
Maintenance N/A
Days On Our Website 73
Basement Unfinished - Full (Unfinished)
Kitchens
Lot Dimensions 1/2 - 1.99 acres
Pool N/A
Area Belleville
Air Conditioning Central air conditioning
Heating Natural gas - Forced air
Exterior Brick
Sewers Municipal sewage system
Water Municipal water

Listing Office: Re/Max Quinte Ltd., Brokerage



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