12 Follwell Crescent, Belleville, ON
Property Highlights
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Belleville Ward. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $499,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 5 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 42.32 x 95.14 ft lot
- Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient attached configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 12 Follwell Crescent, Belleville beautifully updated and fully finished bungalow ideally located on a quiet cul-de-sac in one of Belleville's most sought-after neighborhoods. Featuring 3+2 spacious bedrooms and 2 full bathrooms, this property is a standout opportunity for investors seeking strong rental income, premium location, and future development potential. Lower level includes a generous rec room with oversized windows, a 3-piece bathroom, and two additional bedrooms perfect for maximizing rental space. A coin-operated laundry adds an additional revenue stream. Located near key amenities and post-secondary institutions. This home is capable of generating top rents in the area. There's also potential for further development, making it a valuable long-term asset. Best of all, this property will cashflow from day one. To top it off, this home is fully furnished, offering turnkey convenience and immediate rental potential. Don't miss your chance to secure this low-maintenance, high-return investment at 12 Follwell Crescent! Appliances are included AS IS.
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Property Summary
This detached home located at 12 Follwell Crescent, Belleville is currently for sale and has been available on SousaSells for 352 days. This property is listed at $499,000 with an estimated mortgage of $1,661* per month. It has 5 beds, 2 bathrooms, and is 1100-1500 square feet. 12 Follwell Crescent, Belleville is in the Belleville Ward neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 12 Follwell Crescent, Belleville, ON K8N 5Z5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Belleville, ON
For a property listed at $499,000 in Belleville, the legal minimum down payment is $24,950 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,455 for this transaction. As this listing is in Belleville (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,455.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.