228 Dundas St
Belleville, ON K8N 1E4
Health Care Property For Sale · 42,000 SF

• Opportunity to capitalized on a partially completed seniors housing or multifamily repositioning initiative • High demand location in the Bay of Quinte, Belleville, steps from QHC Belleville General Hospital • Previously operated as a retirement residence prior to 2017 • 2.63 acres with 250 feet of frontage along Dundas Street East, a major east-west thoroughfare and 386 feet of frontage along Bleeker Avenue • Currently improved 3-storey building of approximately 42,000 square feet with 14,000 square foot floorplates • Parking for 80 vehicles • Potential for up to 64 units (with second occupant) • Fully serviced including water, sewer, natural gas, electricity, and telephone/cable • Constructed with a basement level cast-in-place concrete slab on grade and with cast-in-place concrete foundation wall and a concrete roof deck • Exterior brick masonry cladding with south west and portions of the north elevations finished with Exterior Insulation and Finishing Systems (EIFS) • Renovations in various stages of completion include new architectural and mechanical drawings, roof and thermal windows, elevator and lobby lifts, electrical panels/boxes/breakers and wiring, plumbing, sprinkler and standpipe system, unit heat pumps, boilers, domestic hot way and chiller • Full mold and asbestos abatement program completed in 2017 • ESA Phase 1 completed August 2018 • Building Property Condition Assessment completed August 2019 • Realty Taxes at $19,018.81 (2019) / $18,189.64 (2018) • Zoned NH – Nursing Home Zoning but according to the City of Belleville Official Plan, adopted by council in June 2001, the site is designated as being in a Residential Land Use area • Residential development permitted with forms ranging from single family attached to various types of attached multiple dwellings • Specialised housing for cognitive and physically impaired residents could also be permitted