Welcome to this remarkable commercial retail located in the coveted neighborhood of Belleville Ward. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,100,000 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.
Rare opportunity to acquire a unique mixed-use investment property in the heart of Downtown Belleville, combining stable commercial income with an established boutique hospitality business.This offering includes two adjoining properties operating as Wind Rose Destinations, a professionally managed boutique motel featuring four fully furnished short-term and mid-term rental suites with a proven rental history and strong guest appeal. The property also includes commercial space currently occupied by The Cat's Meow Salon, with the Seller willing to lease back the salon and office space for five years, providing immediate and predictable income for the new owner.Located in Belleville's vibrant downtown core, the property benefits from year-round demand from tourists, business travellers, wedding guests, extended-stay visitors, and those exploring Belleville and Prince Edward County. Guests enjoy walking access to restaurants, shopping, entertainment, waterfront attractions, and a popular wedding and event venue located next door.Property highlights include: Four fully furnished boutique hospitality suites operating as an established business Multiple income streams from hospitality and commercial tenants. Seller leaseback opportunity providing stable income. Boutique motel zoning already in place. Character stone buildings with historic charm. Thirteen on-site parking spaces. Established brand, systems, and operating history Prime downtown Belleville location Close proximity to Prince Edward County and Bay of Quinte tourism attractions. This is an exceptional opportunity for investors seeking a turnkey hospitality property with existing revenue, commercial tenancy, and long-term growth potential in one of Eastern Ontario's growing tourism and business markets.
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Data-driven valuation for 20-30 Victoria Avenue, Belleville, ON K8N 1Z4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Belleville.
About Purchasing a Home in Belleville, ON
For a property listed at $1,100,000 in Belleville, the legal minimum down payment is $220,000 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 $18,475 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 $18,475.
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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.