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421 Dundas Street W Belleville, Ontario K8P 1B6

$1,850,000

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. 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 to accommodate the large amount of retirees and transplants moving from the GTA. Preliminary projections show sales would total between 21-25 million dollars when all units were completed. 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. A rental building may also be built on this site. (id:28587)

Property Details

MLS® Number 40332595
Property Type Vacant Land
Amenities Near By Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Communication Type Fiber
Community Features School Bus
Features Park/reserve

Building

Basement Type None
Utility Water Municipal Water

Land

Access Type Road Access
Acreage No
Land Amenities Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 297 Ft
Size Frontage 110 Ft
Size Total Text 1/2 - 1.99 Acres
Zoning Description R7-14

Utilities

Electricity Available
Natural Gas Available
Telephone Available

https://www.realtor.ca/real-estate/24937392/421-dundas-street-w-belleville

Interested?

Contact us for more information


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Andrew Walmsley
Salesperson

(613) 969-9907
(613) 969-4447

RE/MAX Quinte Ltd., Brokerage
106 North Front Street
Belleville, Ontario K8P 3B4

(613) 969-9907
(613) 969-4447
www.remaxquinte.com

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