40 Elmwood Drive, Belleville, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Thurlow Ward. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $385,000 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 0 Bathrooms
- Premium 304.16 x 618.9 ft lot size
Description
Large, estate sized, building lot, very in city of Belleville just outside of Urban Area. Quite a rare find!4 acres in rural setting, with 300 ft frontage on city-maintained road. Ready for building permit application. Entrance culvert in place. Good existing well, with tested pure 0.0 quality water. And 10 Gal/min+, flow rate. Treed with natural terrain, undisturbed. Close to Bay of Quinte!
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Property Summary
This vacant land located at 40 Elmwood Drive, Belleville is currently for sale and has been available on SousaSells for 296 days. This property is listed at $385,000 with an estimated mortgage of $1,282* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 40 Elmwood Drive, Belleville is in the Thurlow Ward neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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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 40 Elmwood Drive, Belleville, ON K8N 4Z4
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 $385,000 in Belleville, the legal minimum down payment is $19,250 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 $4,250 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 $4,250.
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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.