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Maria Tompson
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Your Company Name, Brokerage
Independently owned and operated.
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$1,690,000
Available - For Sale
Listing ID: X13217592
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.
Price $1,690,000
Taxes: $20,037.2
Assessment Year: 2025
Occupancy by: Tenant
Address: 215 Victoria Avenue , Belleville, K8N 2C2, Hastings
Directions/Cross Streets: Bleecker & Victoria
Rooms: 42
Bedrooms: 18
Bedrooms +: 0
Washrooms: 8
Family Room: F
Basement: Unfinished
Full
No. of Pieces Level
Washroom 1:  4 Second
Washroom 2:  4 Main
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Property Type: Multiplex
Style: 2-Storey
Exterior: Brick
Garage Type: None
(Parking/)Drive: Lane, Avai
Drive Parking Spaces: 20
Park #1
Parking Type: Lane, Avai
Park #2
Parking Type: Lane
Park #3
Parking Type: Available
Pool: None
Approximatly Square Footage: 700-1100
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: N
Heat Type: Water
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Asking Price: $ Heating: $ /Year  
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Taxes:   $ /Year Other Debt: $ /Year  
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CMHC/GE $ $ $ $
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Re/Max Quinte Ltd.

215 Victoria Avenue , Belleville, K8N 2C2, Hastings

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Maria Tompson
Sales Representative
Dir:
416-548-7854
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416-548-7854
Fax:
416-981-7184

 
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Type: Freehold - Multiplex
Area: Hastings
Municipality: Belleville
Neighbourhood: Belleville Ward
Style: 2-Storey
Lot Size: x 265.75(Feet)
Approximate Age:
Tax: $20,037.2
Maintenance Fee: $0
Beds: 18
Baths: 8
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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