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$449,900
Available - For Sale
Listing ID: X12517028
485 Sidney Street , Belleville, K8P 4A3, Hastings


ATTENTION INVESTORS AND DEVELOPERS!!!! Prime 6-Unit Infill Development Opportunity! Exceptional opportunity to develop a 6-unit multi-residential building in a high demand, established neighbourhood. This property offers the ideal combination of location, approval readiness, and investment potential. A minor variance has been approved by the City, allowing for a 3.5-metre side yard setback, maximizing the buildable envelope and streamlining the path to construction. The approved building envelope is attached, providing a clear framework for design and permitting. Currently rented for $2,250 per month, the property carries itself while you complete design and permitting, making it an excellent buy-and-hold development opportunity. Investors and developers can also take advantage of the CMHC MLI Select program, offering favourable financing terms, higher loan to value ratios, and extended amortizations for qualifying projects. Situated in a prime infill location close to amenities, schools, and transit, this site presents an outstanding opportunity to deliver modern, efficient housing in a thriving community. Build your next profitable multi-unit project with confidence! All the groundwork has already been done for you! *** 3 Bedrooms missing in the iguide due to tenants***
Price $449,900
Taxes: $3361.00
Occupancy: Tenant
Address: 485 Sidney Street , Belleville, K8P 4A3, Hastings
Directions/Cross Streets: Sidney St
Rooms: 3
Bedrooms: 4
Bedrooms +: 0
Family Room: F
Basement: Unfinished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Main Kitchen 10.66 12.73
Room 2 Main Dining Ro 19.16 12.14
Room 3 Main Living Ro 12.92 18.86 Laminate
Room 4 Second Primary B 11.38 12.76 Laminate
Room 5 Second Bedroom 11.55 10.73
Washroom Type No. of Pieces Level
Washroom Type 1 4 Second
Washroom Type 2 2 Main
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 4 Second
Washroom Type 7 2 Main
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Washroom Type 11 4 Second
Washroom Type 12 2 Main
Washroom Type 13 0
Washroom Type 14 0
Washroom Type 15 0
Total Area: 0.00
Approximatly Age: 100+
Property Type: Detached
Style: 2-Storey
Exterior: Stucco (Plaster)
Garage Type: None
(Parking/)Drive: Front Yard
Drive Parking Spaces: 5
Park #1
Parking Type: Front Yard
Park #2
Parking Type: Front Yard
Pool: None
Approximatly Age: 100+
Approximatly Square Footage: 700-1100
Property Features: Hospital, Level
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: Y
Heat Type: Radiant
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
Utilities-Cable: Y
Utilities-Hydro: Y
$
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Years
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
CENTURY 21 LANTHORN REAL ESTATE LTD.
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At a Glance:
Type: Freehold - Detached
Area: Hastings
Municipality: Belleville
Neighbourhood: Belleville Ward
Style: 2-Storey
Lot Size: x 150.16(Feet)
Approximate Age: 100+
Tax: $3,361
Maintenance Fee: $0
Beds: 4
Baths: 2
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
Locatin Map:
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