215 Victoria Avenue, Belleville — For Sale in Belleville

18 bed · 8 bath · Multiplex for sale in Belleville.

215 Victoria Avenue, Belleville — photo 1 of 5
For Sale
$1,690,000
215 Victoria Avenue, Belleville — photo 2 of 5
215 Victoria Avenue, Belleville — photo 3 of 5
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MLS® #: X13217592
$1,690,000

215 Victoria Avenue, Belleville, ON K8N 2C2

Belleville, ON K8N 2C2
18
Bedrooms
8
Bathrooms
20
Parking
Residential Freehold
Type

About This Property

Now for sale at 215 Victoria Avenue in Belleville: a 18-bedroom, 8-bathroom multiplex listed at $1,690,000.

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.

Property Specifications

Specifications for 215 Victoria Avenue, Belleville, MLS® X13217592
MLS® NumberX13217592
StatusFor Sale
List Price$1,690,000
Property TypeResidential Freehold
Sub TypeMultiplex
Transaction TypeFor Sale
Bedrooms18
Bathrooms8
Parking20 spaces
Address215 Victoria Avenue, Belleville, ON K8N 2C2
CityBelleville
Postal CodeK8N 2C2

Listing Contracted With: Re/Max Quinte Ltd.

Listed By
Vaheesan Jeyaveerasingam
Vaheesan Jeyaveerasingam
RE/MAX Ace Realty Inc., Brokerage
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