220 Foster Avenue, Belleville, ON

$430,000
MLS#:X9366655
4 beds
4 baths
2000-2500 sqft
5.0 parking
Residential Freehold
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Property no longer active

This property was sold on October 10, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Belleville Ward. Expertly crafted featuring premium concrete and brick construction, this residence presents an exceptional opportunity offered at $430,000 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.

  • 4 Bedrooms and 4 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a premium 50 x 132 ft lot
  • Features a unfinished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: None
  • Efficient forced air heating via gas

Description

Step back in time with this charming circa 1925 four-bedroom home in Belleville, brimming with character and original features in the best part of Old East Hill. From the moment you enter, you'll appreciate the vintage millwork, elegant French doors, and beautiful glass doorknobs that evoke the home's rich history. The inviting living room boasts a decorative fireplace framed by two exquisite leaded glass windows and seamlessly opens into a spacious dining room, perfect for hosting family and friends. The kitchen, with its classic wood cabinets and built-in appliances, offers ample space for a family dining table, while the bright west-facing family room addition at the back of the house features a cozy gas stove for relaxed evenings. Upstairs, you'll find four generously sized bedrooms along with an additional den or nursery, providing plenty of room for a growing family or the flexibility to create a home office or hobby space. Original hardwood floors lie hidden beneath most of the carpeting, ready to be restored to their former glory, offering a fantastic opportunity to modernize while preserving the homes historic charm. This property is ideal for those with a vision to blend the old with the new and make it their own. Situated on a deep 130-foot lot, the home includes a detached oversized garage and an open backyard, perfect for gardening, play, or outdoor gatherings. With its vintage appeal and potential for updates, this Belleville gem is a rare find that invites you to create lasting memories in a timeless setting.

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Property Summary

This detached home located at 220 Foster Avenue, Belleville is currently for sale and has been available on SousaSells for 661 days. This property is listed at $430,000 with an estimated mortgage of $1,431* per month. It has 4 beds, 4 bathrooms, and is 2000-2500 square feet. 220 Foster Avenue, Belleville is in the Belleville Ward neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
4
Bathrooms
4
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 10, 2024
Sold price information is available to members only
Listed Date9/25/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionConcrete, Brick
BasementUnfinished, Full
Lot Size50 × 132 Feet
CountyHastings
Annual Tax$4,274
Legal DescriptionPT LT 5 W/S REED ST, 6 W/S REED ST PL 87 THURLOW (AKA FOSTER AV) AS IN QR357687; BELLEVILLE; COUNTY OF HASTINGS

Parking & Garage

Parking Total5.0
Parking Space4
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingNone

Features

Property Features

Interior Features

None

Security Features

Community Features

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Location

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220 Foster Avenue, Belleville, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 220 Foster Avenue, Belleville, ON K8N 3R2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Belleville.

Configure Loan Settings

Interest Rate4.00%
Down Payment$129,000 (30.0%)
* Minimum Canadian down payment required for this price is $21,500.
Amortization Period30 Years
Estimated Monthly Payment$1,431Based on a loan of $301,000 over 30 years.
Purchase Price$430,000
Loan Amount$301,000
Provincial Land Transfer Tax:$5,075
Total Estimated Closing Taxes:$5,075

About Purchasing a Home in Belleville, ON

For a property listed at $430,000 in Belleville, the legal minimum down payment is $21,500 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 $5,075 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 $5,075.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Belleville Ward, Belleville.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$585,439

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

St Michael
Public273 Church Street, Belleville, Ontario, K8N 3C7
5.1
Queen Victoria
PublicBelleville, Ontario
4.7
Holy Rosary
Public10 Prince of Wales Drive, Belleville, Ontario, K8P 2T4
4.5
Prince of Wales
Public37 Prince of Wales Drive, Belleville, Ontario, K8P 2T6
2.6
Prince Charles
Public75 Ritchie Avenue, Belleville, Ontario, K8P 3W2
4.1

Secondary Schools

Nicholson
Public301 Church Street, Belleville, Ontario, K8N 3C7
6.6
St. Theresa
Catholic135 Adam Street, Belleville, Ontario, K8N 5S1
6.7
Centennial
Public160 Palmer Road, Belleville, Ontario, K8P 4E1
5.4
Moira
Public275 Farley Avenue, Belleville, Ontario, K8N 4M2
4.2

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.