243 George Street, Belleville, ON

$579,900
MLS#:X12198138
5 beds
4 baths
2500-3000 sqft
8.0 parking
Residential Freehold
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Property no longer active

This property was sold on June 12, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 1 1/2 Storey triplex located in the coveted neighborhood of Belleville Ward. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $579,900 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.

  • 5 Bedrooms and 4 Bathrooms with 3 functional kitchens
  • Generous living space spanning 2500-3000 sqft on a premium 82.6 x 132 ft lot
  • 8.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Nestled in the heart of Belleville's coveted Old East Hill, this unique 1.5-storey home blends timeless character with modern versatility. Situated on a beautifully landscaped double lot, this property offers space, privacy, and income-generating potential all in one of the city's most desirable neighbourhoods. The main floor features three bright and generously sized bedrooms, two full bathrooms, and a welcoming layout perfect for families or downsizers seeking single-level living. Natural light flows through the home, highlighting its original charm and warm atmosphere. Function meets convenience with a double car attached garage and two separate driveways, providing ample parking for residents, guests, or tenants an uncommon perk in this historic neighbourhood. Upstairs, you'll find two tenanted units with a shared hallway and entry providing steady rental income and excellent potential for investors or those looking to supplement their mortgage. The outdoor space is a true highlight, with a garden-like backyard that offers a peaceful retreat. Mature trees, perennial gardens, and open green space make this double lot perfect for relaxing, entertaining, or even expanding your gardening ambitions. Located just a short stroll from downtown Belleville, you're minutes from boutique shops, popular restaurants, the Empire Theatre, and scenic waterfront trails. Enjoy the walkable lifestyle with easy access to transit, parks, schools, and all the charm that Old East Hill has to offer. Whether you're an investor, a homeowner seeking additional income, or someone who simply appreciates history and location, this property is a rare find in a sought-after neighbourhood.

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Property Summary

This triplex located at 243 George Street, Belleville is currently for sale and has been available on SousaSells for 407 days. This property is listed at $579,900 with an estimated mortgage of $1,930* per month. It has 5 beds, 4 bathrooms, and is 2500-3000 square feet. 243 George 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

Bedrooms
5
Bathrooms
4
Kitchens
3
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 12, 2025
Sold price information is available to members only
Listed Date6/5/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeTriplex
Architectural Style1 1/2 Storey
ConstructionVinyl Siding
BasementNone
Lot Size82.6 × 132 Feet
CountyHastings
Annual Tax$4,887.44
Legal DescriptionLT 20 E/S GEORGE ST PL 1 THURLOW; BELLEVILLE ; COUNTY OF HASTINGS

Parking & Garage

Parking Spaces8.0
Garage Spaces6
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Other

Security Features

Community Features

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Location

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243 George Street, 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 243 George Street, Belleville, ON K8N 3H7

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$173,970 (30.0%)
* Minimum Canadian down payment required for this price is $32,990.
Amortization Period30 Years
Estimated Monthly Payment$1,930Based on a loan of $405,930 over 30 years.
Purchase Price$579,900
Loan Amount$405,930
Provincial Land Transfer Tax:$8,073
Total Estimated Closing Taxes:$8,073

About Purchasing a Home in Belleville, ON

For a property listed at $579,900 in Belleville, the legal minimum down payment is $32,990 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 $8,073 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 $8,073.

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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.