$1,690,000
215 Victoria Avenue, Belleville, ON K8N 2C2
18 Beds
8 Baths
20 Parking
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 Summary

Property Type Residential Freehold
Property Sub Type Multiplex
Transaction Type For Sale
Style 2-Storey
Bedrooms Above Grade 18
Bathrooms 8
Basement Unfinished, Full
Exposure South
Possession Flexible

Building

Building Type Multiplex
Square Footage 700-1100
Exterior Brick
Foundation Poured Concrete, Stone
Roof Membrane
Heating Water
Heat Source Gas
Cooling None
Fireplace No

Measurements

Lot Size 100 x 265.75
Lot Size Units Feet
Frontage 100
Depth 265.75
Total Living Area 700-1100

Land

Address 215 Victoria Avenue, Belleville, ON K8N 2C2
City Belleville
Community Belleville Ward
County / Area Hastings
Cross Street Bleecker & Victoria
Sewer Sewer
Pool None
Parcel Number 405000033

Parking and Garage

Total Parking 20
Garage Spaces 0
Garage Type None
Parking Features Lane, Available

Taxes and Listing Info

List Price $1,690,000
Annual Taxes $20,037
Tax Year 2025
Status Active
Listing Date 2026-05-30T12:02:02Z
MLS Number X13217592
Local Market Insight

What Buyers Should Know About 215 Victoria Avenue, Belleville, ON K8N 2C2

This editorial summary helps buyers look beyond the headline price and review the neighbourhood, transit, schools, rental demand, long-term value, and due-diligence items that often matter before booking a showing or submitting an offer.

Neighbourhood Analysis

215 Victoria Avenue, Belleville, ON K8N 2C2 is positioned in Belleville Ward, a part of Belleville where buyers should compare the street setting, nearby amenities, daily travel routes, and surrounding housing stock. For a 2-Storey, the strongest fit often depends on whether the location supports everyday routine as well as the numbers on paper.

School And Family Considerations

Families reviewing this Multiplex should confirm school boundaries directly with the local school boards before relying on listing notes. It is also worth checking walkability to parks, childcare, recreation centres, libraries, and community facilities because these details can influence both lifestyle value and future resale demand.

Transit And Access

The location should be assessed around commute patterns, access to Bleecker & Victoria, public transit options, parking availability, and drive times to employment areas. A property with 20 parking and practical road access can appeal to buyers who need convenience without giving up neighbourhood quality.

Investment Potential

At $1,690,000, buyers should compare recent nearby sales, days on market, condition, lot utility, and the cost of future repairs or upgrades. The property shows 18 bedrooms, 8 bathrooms, basement details marked as Unfinished, Full, and a lot size of 100 x 265.75, all of which can affect value.

Rental Demand

If this property is being reviewed as a rental or investment, demand should be measured by bedroom count, transit access, employment access, nearby schools, parking, and the condition of the unit or home. In Belleville, rental appeal usually improves when a property is easy to maintain and simple for tenants to live in.

Local Attractions And Amenities

Buyers should look at grocery access, restaurants, trails, parks, shopping, medical services, and weekend amenities around Belleville Ward. These features do not always appear in the MLS data, but they can make a major difference in how the home feels after move-in and how future buyers compare it.

Builder, Condition, And Due Diligence

For resale homes, review renovations, permits, roof and mechanical age, exterior condition, inclusions, and rental items. For condo or newer properties, review building history, maintenance fees, reserve fund information, rules, amenities, and future cost exposure. A showing and document review should confirm anything not visible in the listing.

Nearby Infrastructure

Infrastructure matters because transit improvements, road projects, schools, parks, commercial growth, and employment nodes can change how an area performs over time. For 215 Victoria Avenue, Belleville, ON K8N 2C2, buyers should check municipal plans, nearby construction, zoning context, and future projects that may affect enjoyment or resale value.

This section is informational only. Buyers should verify schools, measurements, rental rules, taxes, zoning, and property condition with the appropriate professionals before making a decision.

Listing data is provided through PropTx/MLS data services and is deemed reliable but not guaranteed. Listings are subject to change without notice.