49 Penny Lane, Belleville, ON

$899,900
MLS#:X12263422
3 beds
3 baths
2000-2500 sqft
6.5 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Thurlow Ward. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $899,900 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 3 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a premium 154.64 x 272.13 ft lot
  • Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.5 total parking spaces available with a convenient attached configuration
  • Notable attributes: Air Exchanger, Auto Garage Door Remote, Built-In Oven
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Estate Community-Private Retreat Minutes From Town. Find serenity in this private sanctuary on the desirable and exclusive Penny Lane. Custom built executive home with 3 bedroom plus study, 2.5 bath, 2.5 car garage on a 1-acre lot at the end of a cul-de-sac. Beautiful windows accentuated by elegant keystones highlight the exterior of this sophisticated bungalow. An open floor plan is the hallmark of the interior, beginning with the foyer that provides instant views of the study as well as the dining and living rooms. The spacious living room boasts a fireplace and a rear window wall open to a park-like view. Decorative crown moulding throughout with a minimum 10 feet ceilings and soaring ceilings in the foyer, dining room and bedrooms. The main bedroom features private access to a covered deck, plus a large walk-in closet. This home also offers peace of mind with a security system, exterior cameras and a home generator. Close to amenities and the hospital also make this a great location. Holding offers on July 10th, 2025

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Property Summary

This detached home located at 49 Penny Lane, Belleville is currently for sale and has been available on SousaSells for 377 days. This property is listed at $899,900 with an estimated mortgage of $2,995* per month. It has 3 beds, 3 bathrooms, and is 2000-2500 square feet. 49 Penny Lane, Belleville is in the Thurlow Ward neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 22, 2025
Sold price information is available to members only
Listed Date7/4/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementFull, Unfinished
Lot Size154.64 × 272.13 Feet
CountyHastings
Annual Tax$7,483.42
Legal DescriptionPlan-21M135 Lot #14

Parking & Garage

Parking Spaces6.5
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Hospital, Level, Park, School Bus Route, Wooded/Treed

Interior Features

Air Exchanger, Auto Garage Door Remote, Built-In Oven, Sump Pump, Water Heater, Water Softener, Water Treatment

Security Features

Alarm System, Carbon Monoxide Detectors, Smoke Detector

Community Features

Location

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49 Penny Lane, Belleville, ON
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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 49 Penny Lane, Belleville, ON K8N 4Z4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Belleville.

Configure Loan Settings

Interest Rate4.00%
Down Payment$269,970 (30.0%)
* Minimum Canadian down payment required for this price is $64,990.
Amortization Period30 Years
Estimated Monthly Payment$2,995Based on a loan of $629,930 over 30 years.
Purchase Price$899,900
Loan Amount$629,930
Provincial Land Transfer Tax:$14,473
Total Estimated Closing Taxes:$14,473

About Purchasing a Home in Belleville, ON

For a property listed at $899,900 in Belleville, the legal minimum down payment is $64,990 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 $14,473 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 $14,473.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Thurlow Ward, Belleville.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$699,133

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Georges Vanier
Public100 Tracey Street, Belleville, Ontario, K8P 2R8
5.5

Secondary Schools

St. Theresa
Catholic135 Adam Street, Belleville, Ontario, K8N 5S1
6.7

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.