19 & 21 Railway Terrace, Belleville, ON

$199,900
MLS#:X9385548
0 beds
0 baths
6.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable [] vacant land located in the coveted neighborhood of Belleville Ward. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $199,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 0 Bathrooms
  • Premium 47.6 x 111.19 ft lot size
  • Features a [] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available
  • Notable attributes: None
  • equipped with [] central cooling

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.

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Key Features

000
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 18, 2024
Sold price information is available to members only
Listed Date10/7/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land
Lot Size47.6 × 111.19 Feet
CountyHastings
Annual Tax$2,501.58
Legal DescriptionPT LT 14 PL 91 THURLOW AS IN QR513878; BELLEVILLE

Parking & Garage

Parking Spaces6.0
Garage Spaces6
Garage TypeNone

Heating & Cooling

Cooling[]

Features

Property Features

Community Features

Location

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19 & 21 Railway Terrace, Belleville, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 19 & 21 Railway Terrace, Belleville, ON K8N 2R8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$159,920
Monthly Mortgage$929
Property Tax (Est.)$208
Utilities & Maint.$350
Total Monthly Cost$1,487

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Belleville.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Belleville Ward, Belleville.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$550,764

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

St Michael
Public273 Church Street, Belleville, Ontario, K8N 3C7
5.1
Queen Victoria
PublicBelleville, Ontario
4.7
Holy Rosary
Public10 Prince of Wales Drive, Belleville, Ontario, K8P 2T4
4.5
Prince of Wales
Public37 Prince of Wales Drive, Belleville, Ontario, K8P 2T6
2.6
Prince Charles
Public75 Ritchie Avenue, Belleville, Ontario, K8P 3W2
4.1

Secondary Schools

Nicholson
Public301 Church Street, Belleville, Ontario, K8N 3C7
6.6
St. Theresa
Catholic135 Adam Street, Belleville, Ontario, K8N 5S1
6.7
Centennial
Public160 Palmer Road, Belleville, Ontario, K8P 4E1
5.4
Moira
Public275 Farley Avenue, Belleville, Ontario, K8N 4M2
4.2

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.