Exceptional Development Opportunity in the Heart of Belleville. As Belleville continues to experience unprecedented growth, opportunities to acquire large, strategically located vacant land parcels are becoming increasingly rare. This exceptional commercial-industrial property offers over 1.4 acres of prime development land with an impressive 315 feet of frontage on busy Station Street, providing outstanding exposure, accessibility, and redevelopment potential. The property dimensions and frontage are reflected in the available property information. Currently zoned DC (Development Control), the site presents a wide range of possibilities for investors, developers, and owner-users. The City of Belleville may be receptive to alternative development concepts, including **mixed-use commercial and residential projects**, subject to municipal approvals. This flexibility creates an opportunity to capitalize on one of the city's most active growth corridors. Adding further value, CN has agreed to remove the existing utility poles from the property, enhancing the site's development potential and improving future design flexibility. Whether you're planning a commercial plaza, employment lands, a mixed-use development, or another innovative project, this property offers the size, frontage, and location to bring your vision to life.
works out to roughly $713 per square foot. Chat with Zara if you'd like a deeper read on whether this land fits your budget and timing.
Inside 218 Station St
Every detail from the listing, in one place.
Type
Land
Living space
< 700 sq ftas stated on the listing
Features & systems
Lot & land
Lot size (sqft)
1.413
Listing & possession
Property class
Vacant Land
218 Station St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13592158$499,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 218 Station St Compares to the Belleville Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,451
/mo
based on the purchase price of $499,000
$99,800 cash
$399,200 financed
$336,231 total interest
Principal54%$399,200
Interest46%$336,231
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market40Homes sold in about 40 days on average.
Sale-to-list ratio96.9%On average, homes sold below asking.
Active listings368Homes for sale here right now.
Median vs prior 90 days−2.2%Compared with May 15 – Aug 13, 2026: prices down.
Based on 304 sales from Aug 13 – Nov 11, 2026 (244 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 218 Station St
How much is 218 Station St listed for?
218 Station St is listed at $499,000 (MLS® X13592158). Summitly updates the price as soon as the MLS® record changes.
Is $499,000 a good price for 218 Station St?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Belleville. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 218 Station St changed?
No — 218 Station St is still listed at its original asking price of $499,000.
How many bedrooms and bathrooms does 218 Station St have?
218 Station St has about 700 square feet of living space. The listing doesn't publish a bedroom or bathroom count. It is a lot in Belleville.
How much would the monthly mortgage be on 218 Station St?
About $2,451 a month — principal and interest on $499,000 with 20% down ($99,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 218 Station St compare with other homes in Belleville?
Its asking price of $499,000 is about the same as the median sold price in Belleville over the last 90 days, $508,600, across 304 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 218 Station St been sold before?
Summitly has no earlier MLS® sale or lease of 218 Station St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 218 Station St?
218 Station St is in Belleville, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 218 Station St been on the market?
112 days — 218 Station St was listed on July 22, 2026.
What is the price per square foot of 218 Station St?
About $713 per square foot: the asking price of $499,000 over the 700 sq ft the listing gives.
What is the lot size of 218 Station St?
The lot is 25.995 acres, as published in the listing.
What is the land transfer tax on 218 Station St?
About $6,455 in Ontario land transfer tax at the asking price of $499,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
