MULTI STORY DEVELOPMENT SITE FOR SALE IN CENTRAL BELLEVILLE! Rare 0.728 acre mid-rise development opportunity in the heart of Belleville with over 200 ft of road frontage and MX-1 zoning, with permitted highest and best use of multi-story building with ground floor commercial and 33 residential units above. Alternative potential developments include commercial office building, medical building, long term care home or retirement home development. Exceptional opportunity for developers and investors to capitalize on the continued demand for housing and intensification within the city, with potential eligibility for attractive CMHC MLI Select government-backed financing programs offering up to 95% Loan-to-cost for qualifying projects. Centrally located just minutes to downtown Belleville, Belleville General Hospital, the waterfront, shopping, restaurants, and Highway 401. Rare opportunity to secure a large infill development site in one of Eastern Ontario's fastest growing markets. Full zoning package available.
- MLS®#:
- X13156556
- Property Type:
- Land
- Property Style:
- Area:
- Hastings
- Community:
- Belleville Ward
- Taxes:
- $6,469.4 / 2025
- Added:
- May 21 2026
- Lot Frontage:
- 205.2
- Lot Depth:
- 152
- Status:
- Active
- Outside:
- Year Built:
- Brokerage:
- eXp Realty
- Lot :
-
152
205
BIG LOT
- Intersection:
- COLEMAN / HARRIETT
- Rooms:
- Bedrooms:
- Bathrooms:
- Fireplace:
- Utilities
- Water:
- Municipal
- Cooling:
- Heating Type:
- Heating Fuel:
Listing Details
Insights
- Prime Development Opportunity: This property offers a rare 0.728-acre site in central Belleville, with MX-1 zoning that allows for a variety of mixed-use developments, including commercial spaces and residential units.
- Attractive Financing Options: Potential eligibility for CMHC MLI Select government-backed financing programs, allowing up to 95% loan-to-cost for qualifying projects, making it financially appealing for developers and investors.
- Strategic Location: Centrally located just minutes from downtown Belleville, hospitals, shopping, and major highways, enhancing accessibility and attractiveness for future tenants and customers.
Neighborhood Overview
Complete neighborhood profile for 356 Coleman Street
Belleville Ward home prices
Average sold price for Detached, Semi-Detached, Condo, Townhomes in Belleville Ward
* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)
