FOR SALE | Multifamily/Sr. Housing Asset

Address
228 Dundas St E, Belleville, ON
Property Type
Under Contract
Size
±42,000 SF
  • Opportunity to capitalized on a partially completed seniors housing or multifamily repositioning initiative
  • High demand location in the Bay of Quinte, Belleville, steps from QHC Belleville General Hospital
  • 2.63 acres with 250 feet of frontage along Dundas Street East, a major east-west thoroughfare
  • Currently improved 3-storey building of approximately 42,000 square feet with 14,000 square foot floorplates
  • Parking for 80 vehicles
  • Potential for up to 64 units (with second occupant)
  • Realty Taxes at $19,018.81 (2019) / $18,189.64 (2018)
  • Potential for residential development with forms ranging from single family attached to various types of attached multiple dwellings and specialised housing for cognitive and physically impaired residents
  • Contact Broker for further information and pricing details
Raffaele Guglielmelli
Senior Vice President / Director, National Seniors Housing Group
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