265 College Street, Belleville, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Belleville Ward. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $539,900 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.
- 3 Bedrooms and 1 Bathroom
- Generous living space spanning 1100-1500 sqft on a premium 60 x 115 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: Carpet Free, Guest Accommodations, In-Law Capability
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Prime Investment Opportunity in West Park Village! Discover the perfect blend of lifestyle and income potential in one of the city's most desirable neighbourhoods. Welcome to this charming 3-bedroom, 1-bathroom home nestled in the heart of the safe, friendly, and inclusive West Park Village. This property isn't just a home-it's a smart financial move.This property features one of the city's first detached garage conversions, transformed into a fully self-contained 2-bedroom, 1-bathroom Additional Dwelling Unit (ADU). The hard work is done! The unit is almost complete, just waiting for your finishing touches. Many appliances and building materials are included in the sale. Once completed, this unit is projected to generate $20,000+ in annual income, effectively helping to pay down your mortgage! The main home features a light-filled, 1,218 sq. ft. main floor with an open-concept kitchen and dining room layout perfect for entertaining. There are three well-sized bedrooms and a convenient 4-piece main floor bathroom. The lower-level laundry features a washer purchased in2025 and a dryer from 2020.There is incredible basement potential! The expansive 1,188 sq. ft. unfinished basement is a blank canvas awaiting your creative vision. Fully waterproofed in July 2024, the basement remains completely dry and includes a transferable lifetime warranty certificate. Plumbing is already roughed-in, making the addition of a second bathroom a breeze. Step outside to enjoy professionally executed landscaping, featuring interlocking brick, durable paver stones, and an array of healthy, mature perennials that bring beauty to every season. The backyard provides ample space for furry friends to enjoy and is fenced. Don't miss out on this rare opportunity to own a home that pays for itself!
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Fenced Yard, Public Transit, School Bus Route
Interior Features
Carpet Free, Guest Accommodations, In-Law Capability, Primary Bedroom - Main Floor, Rough-In Bath, Storage, Sump Pump, Workbench
Security Features
Carbon Monoxide Detectors, Smoke Detector
Community Features
Location
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 265 College Street W, Belleville, ON K8P 2H7
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 $539,900 in Belleville, the legal minimum down payment is $28,990 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 $7,273 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 $7,273.
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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.