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Investment signal

$195,000

BESIDE 71 STANLEY STREET

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Beds

Baths

Sqft

Year

Type

Vacant Land

Suite

Suite potential

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Belleville (Belleville Ward). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

An exceptional opportunity to secure one of only a few currently on market R1-zoned buildable city lots in Belleville's east end neighbourhoods. This property is well suited for a thoughtfully designed single-family home or multi-family. Located just minutes from Highway 401, the property provides seamless access for commuters, with Toronto approximately 2.5 hours west. The Hospital, shopping, dining, and everyday amenities are close by. This property represents a compelling blend of location, zoning, and growth potential. Opportunities like this are increasingly rare. Property is located beside 71 Stanley Street. (id:65958)

Subtype
Vacant Land
Community
Belleville Ward
Lot dimensions
71.09 x 131 FT
On market
Mar 23, 2026
Status changed
Apr 24, 2026
Annual tax
$1,526.12
Zoning
R1
Photos
5
MLS#
X12911536
Area
BELLEVILLE_(BELLEVILLE_WARD)

Features and systems

Utilities

SewerElectricityCable
Positive cash flow ~$1,076/mo at these assumptions

Cash on cash

33.12%

Cap rate

11.49%

GRM

6.8

Break-even rent

$1,267

Financing

Down payment$39,000
Loan amount$156,000
Mortgage$790/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$89
Insurance$80
Maintenance$163
CapEx reserve$81
Vacancy loss$120

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $790/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.

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