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Eddy Pybus

edward.pybus@exprealty.com +1(289) 219-4111

Est. payment | -/mo

18 Beds

8 Baths

Save Virtual Tour

Est. payment | -/mo

Save Virtual Tour

18 Beds

8 Baths

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 700-1100

Subdivision Belleville Ward

MLS Listing ID X13217592

Style 2-Storey

Bedrooms 18

Annual Tax Amount $20,037

Tax Year 2025

Property Sub-Type Multiplex

Property Description

ATTENTION INVESTORS - Rare 8-Plex Opportunity in Belleville's East End. Positioned on a generously sized lot in one of Belleville's established east-end neighborhoods, this tenanted and well-maintained multi-residential property offers immediate cash flow with a significant future upside. Featuring 8 existing residential units, this is the kind of investment opportunity that combines stability today with development potential for tomorrow. What truly sets this property apart is the future expansion opportunity. Zoned R3, the property may permit up to 7 more residential units based on current lot size and zoning provisions - subject to required approvals. The City of Belleville Planning Department recently confirmed this potential in writing, and supporting documentation is available. A planning and development firm was previously retained to prepare conceptual site plans and conduct pre-consultation discussions with the city, laying important groundwork for future development possibilities. Extensively cared for over the years, the property has seen numerous major capital improvements including updated plumbing and windows (2012), paved driveway (2012), boiler and hot water holding tank (2022), water and sewer lines (2023), and brand-new sidewalks (2024). Several units have also undergone significant renovations, including updated kitchens and bathrooms in Apartments 2, 3, 4, and 8. Located close to amenities, transit, schools, and downtown Belleville, this is an exceptional opportunity for investors looking to strengthen their portfolio with a proven income-producing property while securing long-term development potential in a growing market. Opportunities like this are rarely available - invest in cash flow today while planning for the possibilities of tomorrow.

Location

Province ON

County Hastings

Area Hastings

Rooms

Family Room No

Basement Unfinished, Full

Kitchen 8

Interior

Interior Features None

Cooling None

Inclusions Apartment 1: Fridge, Stove & Dishwasher / Apartment 2: Stove / Apartment 3: Fridge, Stove, Washer/Dryer (Combo) / Apartment 4: Fridge, Stove / Apartment 5: Fridge / Apartment 6: Fridge Stove / Apartment 7: Fridge, Stove / Apartment 8: Fridge, Stove, Dishwasher / 2x Coin Washers, 2x Coin Dryers, Heating Boiler, Hot Water Tank (Storage Tank for Boiler)

Exterior

Parking Features Lane, Available

Pool None

Roof Type Membrane

Lot Frontage 100.0

Lot Depth 265.75

Total Parking Spaces 20

Building

Foundation Poured Concrete, Stone

Others

Senior Community No

ParcelsYN No

Virtual Tour https://youtu.be/drRe0ovEKVI

Listed by Re/Max Quinte Ltd.

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(289) 219-4111

edward.pybus@exprealty.com

215 Victoria AVE Belleville, ON K8N 2C2

Eddy Pybus

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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215 Victoria AVE

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