18 Union Street, Belleville, ON
Property Highlights
Welcome to this remarkable 2-Storey fourplex located in the coveted neighborhood of Belleville Ward. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $740,000 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.
- 7 Bedrooms and 4 Bathrooms with 4 functional kitchens
- Generous living space spanning 3500-5000 sqft on a premium 51 x 143 ft lot
- Features a apartment basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Income producing purpose built fourplex in an established neighbourhood. Good Tenants, well maintained, solid building. Three 2 bedroom units, one 1 bedroom with den. Unit #2 renovated extensively in 2025. Sprinklers and fire alarm panel installed last 5 years and recently inspected. Two Natural gas forced air furnaces(replaced in 2017 and 2020) and two central air units. Previous owner had the west side of the roof done in 2011 and current owner replaced the remaining roof in 2013. Windows were all replaced in 2015. Additional income from laundry. $52,758 net income.
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Pricing & Value Insights
Data-driven valuation for 18 Union Street, Belleville, ON K8P 2B6
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About Purchasing a Home in Belleville, ON
For a property listed at $740,000 in Belleville, the legal minimum down payment is $49,000 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 $11,275 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 $11,275.
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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.