99 Bay Drive, Belleville, ON
Property Highlights
Welcome to this remarkable 1 1/2 Storey duplex located in the coveted neighborhood of Belleville Ward. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $650,000 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.
- 5 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Premium 50 x 100 ft lot size
- Features a apartment basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: None
- equipped with wall unit(s) central cooling and highly efficient baseboard heating via electric
Description
You might have 99 problems but this property on Bay Drive in Belleville won't be one of them. This turn-key legal duplex is already producing $4250 a month in rental income. With qualified tenants in place, this truly is a plug and play investment purchase. Alternatively, choose to occupy the upper unit while the lower unit generates additional income for you. Recently renovated in 2022, this property is sure to attract with its modern upgrades, neutral finishes and beautiful outdoor space (including large deck, sheds for storage and direct access to public green space). Ideally situated close to both Belleville General Hospital and Loyalist College, this property holds potential for personal or investment purchasing options.
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Property Summary
This duplex located at 99 Bay Drive, Belleville is currently for sale and has been available on SousaSells for 681 days. This property is listed at $650,000 with an estimated mortgage of $2,164* per month. It has 5 beds, 2 bathrooms, and is unknown square feet. 99 Bay 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 99 Bay Drive, Belleville, ON K8N 1B4
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 $650,000 in Belleville, the legal minimum down payment is $40,000 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 $9,475 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 $9,475.
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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.