267 Foster Avenue, Belleville, ON
Property Highlights
Welcome to this remarkable 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 $559,900 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.
- 7 Bedrooms and 3 Bathrooms with 3 functional kitchens
- Generous living space spanning 3000-3500 sqft on a premium 66 x 133 ft lot
- Features a partial basement, unfinished 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: Water Heater Owned
- Efficient forced air heating via gas
Description
Welcome to a turn-key investment opportunity in Belleville's highly sought-after East Hill neighbourhood. This beautifully maintained century triplex perfectly blends historic charm with modern updates, offering a seamless addition to your real estate portfolio. Featuring three side by side, 2 story units, the property is fullyt enanted with excellent, reliable tenants who maintain a harmonious, community-minded living environment and show true pride of ownership. There are two 3-bedroom units and one 1-bedroom unit, all separately metered for hydro. Situated on an extra-wide lot, the property features a detached double garage with power, that provides excellent potential for additional rental income or owner use. Peace of mind comes standard with recent capital updates, including upgraded insulation, newer windows, nicely updated interiors across all three units, and a roof replaced with new shingles in 2021. The building's heating systems are well-optimized for comfort, featuring efficient forced-air gas heat in two of the units and a reliable gas wall furnace in the third. Properties of this caliber, combining an unbeatable location, an immaculate tenant history, and immediate upside potential, rarely stay on the market long. Don't miss out on this hassle-free, character-filled gem!
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Pricing & Value Insights
Data-driven valuation for 267 Foster Avenue, Belleville, ON K8N 3R6
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About Purchasing a Home in Belleville, ON
For a property listed at $559,900 in Belleville, the legal minimum down payment is $30,990 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 $7,673 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 $7,673.
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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.