291 Front Street, Belleville, ON
Property Highlights
Welcome to this remarkable investment located in the coveted neighborhood of Belleville Ward. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $788,900 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 23.041 x 94.625 ft lot size
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
Looking for a turn-key investment property in the heart of downtown Belleville? Welcome to 291 Front Street, a well-maintained, fully tenanted two-story building offering a solid addition to any real estate portfolio. the main level features a reliable, long-term commercial tenant, while the second floor includes two beautifully finished one-bedroom apartments. Total yearly rental income of $77,362.32.
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Pricing & Value Insights
Data-driven valuation for 291 Front Street, Belleville, ON K8N 2Z6
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 $788,900 in Belleville, the legal minimum down payment is $53,890 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 $12,253 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 $12,253.
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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.