7 Ritchie Avenue, Belleville, ON
Property no longer active
This property was sold on November 28, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey duplex located in the coveted neighborhood of Belleville Ward. Expertly crafted featuring premium vinyl siding and brick construction, this residence presents an exceptional opportunity offered at $399,900 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.
- 5 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 45.12 x 115 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Separate Hydro Meter
- equipped with window unit(s) central cooling and highly efficient forced air heating via gas
Description
ATTENTION ALL INVESTORS AND FIRST TIME HOME BUYERS!!!!! This turn-key duplex is an ideal opportunity for investors or first-time home buyers looking to generate income while building equity. The main floor offers a bright two-bedroom, one-bath unit with a spacious living area that opens to a large deck and a deep backyard. Perfect for entertaining or relaxing outdoors. Upstairs, the three-bedroom, one-bath unit has been recently renovated with a new countertop and backsplash, fresh paint throughout, and numerous other updates. For buyers wanting to offset their mortgage, you could live in one unit and rent the other; investors can place their own tenant in the vacant upper unit. The basement level provides valuable storage space and a shared laundry area for both tenants. Recent upgrades including a five-year-old roof and a one-year-old furnace mean peace of mind with no major expenses on the horizon. Under Belleville's new housing initiatives the large detached double garage has the potential to be turned into an additional dwelling unit. ****The rent is currently $1319.18 for the lower unit. The tenants pay their own hydro and it is separately metered. The main floor tenant maintains the grass and the snow removal as part of their rent. Landlord pays gas($2,048.39) and water ($1,974.60)*****
Schedule a Tour
Contact us to schedule a private viewing of this property.
Contact Agent
Property Summary
This duplex located at 7 Ritchie Avenue, Belleville is currently for sale and has been available on SousaSells for 247 days. This property is listed at $399,900 with an estimated mortgage of $1,331* per month. It has 5 beds, 2 bathrooms, and is 1500-2000 square feet. 7 Ritchie Avenue, Belleville is in the Belleville Ward neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Interior Features
Separate Hydro Meter
Security Features
Community Features
Location
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 7 Ritchie Avenue, Belleville, ON K8P 3V8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Mortgage & Affordability Audit
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Belleville.
Configure Loan Settings
About Purchasing a Home in Belleville, ON
For a property listed at $399,900 in Belleville, the legal minimum down payment is $19,995 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 $4,474 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 $4,474.
Similar Listings Nearby
City & Neighborhood Guide
Comprehensive city-wide demographics, local real estate stats, and school rankings for Belleville Ward, Belleville.
People & Families
Age Distribution
Household Composition
Top Ethnic Origins
Local Schools Guide
Elementary Schools
Secondary Schools
Homes & Housing
Structural Home Types
Tenure (Ownership vs Rental)
Need more details or a custom CMA?
Generate a full market evaluation or explore city guides using the sidebar links.
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.