EXEPTIONAL prime Development opportunity (369-371-373-375-377-381-385-391 Front St)( 2 PINS 404750033 And 404750034) Is located in the heart of Bellville , Ontario Fastest -Growing City center . Bellville is experiencing unprecedented growth ,making it attractive location for investors looking to capitalize on the expanding real estate market. The City strategic location along the highway 401 corridor ,combined with its thriving economy , growing population , and ongoing infrastructure and CITY INFILL improvement, position it as a key hub in eastern Ontario . DEVELOPMENT APPLICATION UNDERWAY for a 19-stories residential building including 1 stories Commercial , 4 Stories Parking ,And 14 Stories Residential .. ZONED HIGH DENSITY GFA 164828 Sqft Mix Use Total Bedrooms 166 Allowing Low To high rise Multi dwellings , including hotels , retails, restaurants, professional offices and many more uses . The project is Eligible for for AFFORDABLE HOUSING FUND PROGRAM through CMHC ,offering significant financial benefits and support for developers committed to creating accessible and affordable housing solutions . property is APPRAISED BY A REPUTABLE APPRAISAL FIRM BY OVER 5 MILion AS IS .. Presently 100% OCCUPIED generating good income ,please refer to Marketing brochure attached .
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Detailed Information
Freestanding
Y
Lot
227.1 x 188 ft
Lot Irregularities
IRR
Retail Area
14,000 ft2
Total Area
25,370 ft2
Approximate Age
51-99
Elevator
None
Air Conditioning
Part
Basement
Y
Garage Type
Other
Heat Type
Baseboard
Sprinklers
N
Utilities
Y
Water
Municipal
UFFI
No
Lot/Bldg/Unit Code
Lot
Zoning
mx1
Seller Property Info Statement
N
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