Opportunity awaits with this large lot in a desirable location! This former triplex offers endless potential for investors, builders, or buyers looking for their next project. Previously configured as three units (two 1-bedroom units and one 3-bedroom unit), the property features gas heating with two stand-alone furnaces(not working) while one unit was serviced by baseboard heating.One unit is currently tenant-occupied, while the remaining two units have been vacant for over 20 years and require significant restoration. Whether you choose to renovate and restore the existing structure, redevelop the property, or build your dream home, the possibilities are plentiful. This property is being sold in "as is, where is" condition with no representations or warranties by the Seller. Due to the condition of the building, extreme caution must be exercised when viewing. Entry is at your own risk. Buyers are encouraged to conduct their own due diligence regarding future use, redevelopment potential, and municipal requirements. (id:28469)
Facts & features
Property
MLS® Number
X13572154
Property Type
Multi-family
Community Name
Belleville Ward
Parking Space Total
2
Building
Bathroom Total
3
Bedrooms Above Ground
5
Bedrooms Total
5
Basement Development
Unfinished
Basement Type
N/a (unfinished)
Cooling Type
None
Exterior Finish
Vinyl Siding
Foundation Type
Unknown
Heating Fuel
Electric
Heating Type
Baseboard Heaters
Stories Total
2
Size Interior
2,000 - 2,500 Sqft
Type
Triplex
Utility Water
Municipal Water
Parking
No Garage
—
Land
Acreage
No
Sewer
Sanitary Sewer
Size Depth
75 Ft ,1 In
Size Frontage
87 Ft ,2 In
Size Irregular
87.2 X 75.1 Ft
Size Total Text
87.2 X 75.1 Ft
Monthly payment estimate
$
Estimated payment—per month
Mortgage amount
—
Total interest
—
Down payments under 20% typically require mortgage default insurance (CMHC), which is not included in this estimate.
Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.