Listed by Royal Lepage Proalliance Realty.

19 & 21 Railway Terrace is a Vacant Land and is currently for Sale @ $199,900. Taxes in 2024 were $2,501.58.

More homes for sale under 200k in Belleville

Looking for the ideal spot for your next multi-family development? This 47. The home on 19 & 21 Railway Terrace has 0 bedrooms, 0 bathrooms, and is located on a 111.19 x 47.60 ft loton < .50 acres in the community of .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.

The address 19 & 21 Railway Terrace was listed for sale (MLS# X9385548) on Monday, October 07, 2024.