305 Front Street, Belleville, ON
Property Highlights
Welcome to this remarkable sale of business 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 $189,000 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.
- 0 Bedrooms and 3 Bathrooms
- Spacious lot size measured in Feet
- Convenient plaza garage included
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
NON-FRANCHISE RESTAURANT for sale in a busy, high-traffic spot on Front Street in Belleville. This 2,500 sq ft space is fully set up with quality equipment and a clean, modern interior. It comes with an LLBO for 70 indoor seats plus an approved patio with 40 seats, and a drive-thru window is also available. Located in a popular plaza with strong anchor tenants and plenty of parking, bringing steady traffic throughout the day. Rent is $8,136, including TMI and HST, with 4.5 years left on the lease plus a 5-year renewal option. Easy to rebrand and run your own concept without starting from scratch.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 305 Front Street N 1, Belleville, ON K8P 3C3
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About Purchasing a Home in Belleville, ON
For a property listed at $189,000 in Belleville, the legal minimum down payment is $9,450 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 $1,615 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 $1,615.
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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.