240 College Street, Belleville, ON
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Belleville Ward. Expertly crafted featuring premium brick front and vinyl siding construction, this residence presents an exceptional opportunity offered at $635,000 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 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 700-1100 sqft on a premium 39.95 x 138.08 ft lot
- Features a apartment basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: In-Law Suite
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Conveniently located raised bungalow ideal for shared living or investment. Situated on a public transit route and at the gateway to Belleville's Industrial Park, this property offers excellent accessibility for commuters and tenants alike. The main level features three bedrooms, a full bathroom, a functional kitchen, and a spacious living/dining area filled with natural light. A washer and dryer hookup is located on this level for added convenience. The lower level offers a separate entrance leading to a one-bedroom in-law suite/apartment, complete with its own eat-in kitchen, large living room, and full bathroom. There is also a rough-in for a second washer/dryer. Additional highlights include parking for three vehicles and a layout that is perfectly suited for multi-generational living, rental income, or owner-occupied with supplementary income potential.
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Pricing & Value Insights
Data-driven valuation for 240 College Street E, Belleville, ON K8N 2V9
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About Purchasing a Home in Belleville, ON
For a property listed at $635,000 in Belleville, the legal minimum down payment is $38,500 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 $9,175 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 $9,175.
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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.