










1/120 BRIDGE STREET, Belleville (Belleville Ward), ON K8N4Z2
$3.5M total
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Asset Class
Land
Size
—
Building class
A
Zoning
AG — Agricultural
$ / SF
—
Occupancy
94%
Lot Size
12.5 ac
This exceptional 12.5-acre development property offers a rare opportunity for residential growth in a highly desirable location, with frontage on both Bridge Street West and Marshall Road. The seller is open to providing a VTB at an attractive interest rate for qualified buyers! Currently zoned DC, the property has draft plan approval in place for 36 residential building lots, providing developers with the ability to move forward with a well-positioned project in an established and growing area. In addition to the approved phase, the lands offer significant future upside potential, with the possibility of expanding to approximately 68 residential lots, subject to future servicing capacity and municipal approvals. With strong access, dual road frontage, and long-term development potential, this property represents an outstanding investment opportunity for builders, developers, and investors seeking a scalable residential project in a strategic location. (id:66811)
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Monthly debt service
$16K
Projected NOI
$136K
Annual cash flow
$-58K
Cash-on-cash
-5.54%
DSCR
0.70
Going-in cap
3.88%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
110,435
Households
48,732
Median income
$86,500
Median age
44.7
Daytime population
153,007
5-yr growth
6.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 0 BRIDGE STREET, Belleville (Belleville Ward).
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.