$1,690,000
FOR SALE

Multiplex 2-Storey

Bedrooms: 18Bathrooms: 8Lot: 100 x 265.75 ft
2025 Taxes: $20,037.2

215 Victoria Ave
Belleville, ON K8N 2C2 | Belleville Ward | Hastings

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.
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Listed By Re/Max Quinte Ltd.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X13217592
Last Updated May 30, 2026
Property Summary
Property Type Multiplex

More like this:
PIN 405000033
Legal Description PT LT 19E, 20E PL 166 THURLOW AS IN QR230081 EXCEPT PT 3 21R6809; BELLEVILLE ; COUNTY OF HASTINGS
Possession Date Flexible
Taxes (2025) $20,037.2
Directions/Cross Streets Bleecker & Victoria
Neighbourhood Belleville Ward
Area Hastings
Price History

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Detailed Information
Fronting On South
Special Designations Unknown
Bedrooms 18
Bathrooms 8
Lot 100 x 265.75 ft
Exterior Brick
Air Conditioning None
Basement Unfinished, Full
Garage Type None
Parking Spaces 20
Heat Source Gas
Heat Type Water
Sewers Sewer

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