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25,370 SqFt
$ 1
Est. payment | /mo
25,370 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 25,370 sqft
Price per Sqft $0
MLS Listing ID X9371459
Annual Tax Amount $28,165
Tax Year 2023
Property Description
EXEPTIONAL prime Development opportunity (369-371-373-375-377-381-385-391 Front St)( 2 PINS 404750033 And 404750034) Is located in the heart of Bellville , Ontario Fastest -Growing City center . Bellville is experiencing unprecedented growth ,making it attractive location for investors looking to capitalize on the expanding real estate market. The City strategic location along the highway 401 corridor ,combined with its thriving economy , growing population , and ongoing infrastructure and CITY INFILL improvement, position it as a key hub in eastern Ontario . DEVELOPMENT APPLICATION UNDERWAY for a 19-stories residential building including 1 stories Commercial , 4 Stories Parking ,And 14 Stories Residential .. ZONED HIGH DENSITY GFA 164828 Sqft Mix Use Total Bedrooms 166 Allowing Low To high rise Multi dwellings , including hotels , retails, restaurants, professional offices and many more uses . The project is Eligible for for AFFORDABLE HOUSING FUND PROGRAM through CMHC ,offering significant financial benefits and support for developers committed to creating accessible and affordable housing solutions . property is APPRAISED BY A REPUTABLE APPRAISAL FIRM BY OVER 5 MILion AS IS .. Presently 100% OCCUPIED generating good income ,please refer to Marketing brochure attached .
Location
Province ON
County Hastings
Interior
Cooling Partial
Exterior
Utilities Available Yes
Parking Type Other
Others
Security Features No
Listed by HOMELIFE/BAYVIEW REALTY INC.
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