640 Dundas Street, Belleville, ON
Property Highlights
Welcome to this remarkable commercial retail 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 $900,000 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 45 x 330 ft lot size
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
1.13 acre commercial property with 3,300 sf single story building with concrete roof deck, no interior structure. The building is currently a mix of office (3 private offices and 2 bathrooms) and warehouse. Sale is for two adjacent properties with access off of Haig Rd. Developments proceeding in the area: Proposed 599 residential units(with no commercial component) immediately to the South of 640 Dundas St E, Parkville Greens subdivision to the East is about to start phase 3 of 3. The commercial property immediately to the West of 640 Dundas St E has a newly constructed pad with national tenants (starbucks, popeyes, dominos). Fenced yard at the rear of the property could be converted to a building footprint or additional parking.
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Pricing & Value Insights
Data-driven valuation for 640 Dundas Street E, Belleville, ON K8N 1G7
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About Purchasing a Home in Belleville, ON
For a property listed at $900,000 in Belleville, the legal minimum down payment is $65,000 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 $14,475 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 $14,475.
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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.