24 Russell Street, Belleville, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Belleville Ward. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $599,999 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 2 Bathrooms with 2 functional kitchens
- Premium 66 x 132 ft lot size
- Features a walk-up, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Are you looking for a turn-key investment, multi-generational living situation, or a property with a licensed short term accommodation space to contribute to your mortgage? Book your showing at 24 Russell Street today! This large east end lot features two homes. The first, a two bed, one bath with a finished basement and walk-up separate entrance. New AC, siding, sliding-patio door and upgraded insulation since 2020. The second dwelling, a two bedroom - one bathroom guesthouse, was completed in 2023. It has functioned as a licensed STA since its conception, has a 4.9 star rating and Super Host status on AirBnB. The heat-pump, strategically placed windows, and upgraded insulation in the ceiling combine for an incredibly energy efficient living space designed specifically to minimize utility costs. All licenses, permits, and earnings statements available upon request.
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Property Summary
This detached home located at 24 Russell Street, Belleville is currently for sale and has been available on SousaSells for 618 days. This property is listed at $599,999 with an estimated mortgage of $1,997* per month. It has 4 beds, 2 bathrooms, and is unknown square feet. 24 Russell Street, 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 24 Russell Street, Belleville, ON K8N 2N9
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 $599,999 in Belleville, the legal minimum down payment is $35,000 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 $8,475 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 $8,475.
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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.