Business For Sale · Land

0 BRIDGE STREET, Belleville (Belleville Ward)

0 BRIDGE STREET, Belleville (Belleville Ward), ON K8N4Z2

$3.5M total

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Asset Class

Land

Size

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Building class

A

Zoning

AG — Agricultural

$ / SF

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Occupancy

94%

Lot Size

12.5 ac

About this property

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)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$3.50M
Down payment30% · $1.05M
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

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.

Area demographics

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.

Secure deal room

Confidential diligence documents for 0 BRIDGE STREET, Belleville (Belleville Ward).

NDA required
  • 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.