87 Gavey Street, Belleville, ON

$615,000
MLS#:X9049938
3 beds
2 baths
4.0 parking
Residential Freehold
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Property no longer active

This property was sold on August 1, 2024. This listing is for reference purposes only. to view the sold price.

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 $615,000 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.

  • 3 Bedrooms and 2 Bathrooms
  • Premium 39.37 x 101.73 ft lot size
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Central Vacuum, On Demand Water Heater
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 87 Gavey Street in Deerfield Park. This beautiful all-brick house, located in a highly sought-after neighbourhood, showcases pride of ownership and is completely move-in ready. Featuring 3 spacious bedrooms and 2 modern bathrooms, this home is perfect for families of all sizes.Step inside to find a cozy gas fireplace that adds warmth and charm to the living area with California Shutters throughout. The full finished basement includes 2 additional bedrooms and a recreation room, ideal for the kids to play and for hosting guests.The interior is beautifully decorated, highlighting the care and attention to detail that has been poured into every corner of this home. Outside, you'll discover a manicured private backyard that's fully fenced, providing a perfect oasis for relaxation and entertaining.Enjoy your morning coffee on the inviting front porch or take advantage of the 1.5 car garage for convenient parking and storage. Located close to all amenities, this home offers the perfect blend of comfort, style, and convenience.Don't miss your chance to own this exceptional property.

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Property Summary

This detached home located at 87 Gavey Street, Belleville is currently for sale and has been available on SousaSells for 724 days. This property is listed at $615,000 with an estimated mortgage of $2,047* per month. It has 3 beds, 2 bathrooms, and is unknown square feet. 87 Gavey Street, 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
2
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 1, 2024
Sold price information is available to members only
Listed Date7/22/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementFinished, Full
Lot Size39.37 × 101.73 Feet
CountyHastings
Annual Tax$3,865
Legal DescriptionCONSOLIDATION OF VARIOUS PROPERTIES LT 12 & BLK32 PL 21M182 THURLOW; T/W PT 2 21R20578 AS IN QR588795; BELLEVILLE; COUNTY OF HASTINGS

Parking & Garage

Parking Spaces4.0
Garage Spaces3
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Central Vacuum, On Demand Water Heater

Security Features

Community Features

Location

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87 Gavey Street, 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 87 Gavey Street, Belleville, ON K8N 0L8

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$184,500 (30.0%)
* Minimum Canadian down payment required for this price is $36,500.
Amortization Period30 Years
Estimated Monthly Payment$2,047Based on a loan of $430,500 over 30 years.
Purchase Price$615,000
Loan Amount$430,500
Provincial Land Transfer Tax:$8,775
Total Estimated Closing Taxes:$8,775

About Purchasing a Home in Belleville, ON

For a property listed at $615,000 in Belleville, the legal minimum down payment is $36,500 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 $8,775 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 $8,775.

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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.