5 STRATTON Drive, Belleville, ON
Property Highlights
Welcome to this remarkable vacant land 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 $999,900 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 176.71 x 174.46 ft lot size
- Notable attributes: None
Description
ATTENTION DEVELOPERS!!! One of the last infill building sites in all of Belleville's prime commercial district is now available!!!!! This future development site is currently zoned C3 but could be rezoned to accommodate up to 50 residential units. It could also be an excellent site for a multi story medical or commercial building. The site has had continuing legal non conforming residential use for its entire history so it is possible that no environmental site studies will be required if a potential buyer wanted to rezone it to residential. Set right in the heart of Belleville's main commercial district and one minute off of the 401, this site would be a highly desirable place to live or work.
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Property Summary
This vacant land located at 5 STRATTON Drive, Belleville is currently for sale and has been available on SousaSells for 343 days. This property is listed at $999,900 with an estimated mortgage of $3,328* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 5 STRATTON Drive, Belleville is in the Belleville Ward neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 5 STRATTON Drive, Belleville, ON K8P 2M8
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 $999,900 in Belleville, the legal minimum down payment is $74,990 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 $16,473 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 $16,473.
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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.