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$1,690,000
Ontario,Belleville (Belleville Ward)
For Sale Active
215 VICTORIA AVENUE, Belleville (Belleville Ward), Ontario K8N2C2
  • 18
  • 8
  • 700 - 1100Square Feet
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Basic Details
Description

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. (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: X13217592
  • Price: $1,690,000
  • Bedrooms: 18
  • Bathrooms: 8
  • Square Footage: 700 - 1100 Sqft
  • Status: Active
  • Property Sub Type: Multi-family
  • Office Key: 52591
Features & Appliances
Features
  • Heating System: Natural gas
  • Cooling System: None
  • Basement: Full, Unfinished
  • Parking: No Garage
  • Exterior Features: Brick
  • Sewer: Sanitary sewer
Address Map
  • Location: CA, Ontario, Belleville (Belleville Ward), K8N2C2
  • Street: Victoria
  • Street Number: 215
  • Street Suffix: Avenue
  • Longitude: W78° 37' 44.5''
  • Latitude: N44° 10' 11.1''
Additional Information
  • Water Source:
  • Foundation Details:
  • Lot Features:
  • Lot Size Dimensions: 100 x 265.8 FT
  • Stories: 2.0
Financial
  • Tax Annual Amount: 20037.2
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Listing updated: 2026-06-17 06:08:30
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Listing Information
  • List Agent Key: 1433802
  • List Office Key: 52591
  • Modification Timestamp: 2026-05-31T12:10:44Z
  • Originating System Name: Central Lakes Association of REALTORS®
  • Status Change Timestamp: 2026-05-31T12:00:44Z
Powered by REALTOR.ca
Listing updated: 2026-06-17 06:08:31
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