Sold

19 & 21 Railway Terr, Belleville, Ontario K8N 2R8

$199,900 $160,000

19 & 21 Railway Terr, Belleville, Ontario K8N 2R8 is Sold and has a listing price of 199,900. The property is located in the Belleville neighbourhood . It's been on the website for 257 Days.

  • Vacant Land
    Property Type
  • Residential
    Building Type
  • 6
    Parking Spaces
  • MLS ID: 27512482
  • Office Name ROYAL LEPAGE PROALLIANCE REALTY
Property Description

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.

Property Details
  • MLS ID: 27512482
  • Price: $199,900
  • Lot Depth: 111.19
  • Lot Front: 47.6
  • Transaction Types: Sold
  • Ref ID: 27512482
  • Year Built: N/A
  • Bonus Room: N/A
  • Dir / Cross St: Station St & Starling St
  • Status: U
  • Tax Year: 2024
  • Municipality District: Belleville
  • Building Type: Residential
  • Property Type: Vacant Land
  • Property Type: Commercial
  • Property Sub Category: Vacant land
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Belleville
  • $714,901 Average List Price
    based on 1 year
  • 38 New Listings
    based on 30 days
  • 124 Median Days on Market
    based on 1 year
  • List vs. Selling Price 58.89 % Up
  • Sold (12mo) 421
  • Rented (12mo) 136

  • 1 Month Change -19.2%
  • 3 Month Change -26.3%
  • 6 Month Change +0.1%
Walkscore
  • 60 Walk Score
    Somewhat Walkable
  • 51 Bike Score
    Bikeable
Property Type Distribution
  • All Houses
    80.99%
  • All Houses/Commercial
    0.01%
  • Commercial
    10.64%
  • Condo
    7.73%
  • Land for Sale
    0.63%
Additional Details
  • Sewers Other
  • Lot Irregularities Y
  • Parking Spaces: 6
  • Water Other
  • Total Parking Spaces: 6
  • Garage: N/A
  • Waterfront: None
  • Area Code: 28
  • Washrooms Type 1 # Pcs: N/A
  • Washrooms Type 2 # Pcs: N/A
  • Washrooms Type 3 # Pcs: N/A
  • Washrooms Type 4 # Pcs: N/A
  • Washrooms Type 5 # Pcs: N/A
  • Washrooms Type 2: N/A
  • Washrooms Type 3: N/A
  • Washrooms Type 4: N/A
  • Washrooms Type 5: N/A
  • Taxes: $2,502
  • Sold Date: 16/11/2024
  • Last Status Sld
  • Original Price: $199,900
  • Sold Price: $160,000
  • Addl Monthly Fees: $0
  • Telephone A
  • Days On Market2: 40
  • Type: .v.
  • % Listing Price: 80
  • Possession Remarks: Flexible
  • Listing Entry Date: 07/10/2024 12:55:32
  • First Open House Date:
  • Possession Date:
  • Zoning Em2
  • Zoning Residential
  • Agent Name: JOEY RUFO,Scott Duncan
  • Closed Date: 05/12/2024
  • Last Updated: 18/11/2024 13:55:07
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