Message Number423291
statusActive
Subject Line2 hours East of Toronto, Development land in Belleville. 36 acres of land FOR SALE.
Business area
Canada
Ontario
Central and Eastern Ontario
Belleville
Location, CityBelleville
Have/WantHave
Business categorySubdivision Potential/Condo Sites/Townhouse Sites/Building Lots
Residential estates, single family homes, condos, cottages, vacation homes
Date of ListingFebruary 12 2024
Type DescriptionDevelopment land FOR SALE in Belleville. 36 acres of prime residential land!
Location71-155 Sunningdale Drive, Belleville
Price$4,900,000.00
CommentsFuture Residential Development Opportunity! Located at the North end of Belleville - one of Eastern Ontario's fastest growing cities. The site is 4 minutes from the 401. The property is 36 acres between Vermilyea Road and Sunningdale Drive, with approx. 1000 ft of lot frontage. Current zoning is RU. Once introduced to the urban serviced area, based only total lot size and official plan policies the following maximum unit counts are possible: low density = 364 units, medium density = 874 units, and high density = 1,676 units. There is an agreement in place with the development lands south-west of the subject property known as Settlers Ridge, to extend sewer water services to Sunningdale Drive (subject to cost recover agreements, etc). City of Belleville currently considering expansion of the official plan due to the rapid growth and overwhelming demand for new homes in the region.
Internet Links

Drone Video - Sunningdale Drive, Belleville ON.

NameJamie Troke, CCIM
TitleBroker of Record
Company NameEkort Realty Ltd., Brokerage
Address Line One258 Front Street
CityBelleville
State/ProvinceOntario
Zip/Postal CodeK8N 2Z2
CountryCanada
Business Phone Number(613)969-9901
Cell Number(613)967-7208
Home Number(613)967-7208
FAX Number(613)968-1950
Email AddressSend Email
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