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Welcome to this remarkable Bungalow multiplex located in the coveted neighborhood of Thurlow Ward. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $2,499,900 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.
Calling all investors and multi-generational families - this is an incredibly rare opportunity to own a unique 2.74-acre property offering 9 detached homes on one parcel, ideally located just minutes from Highway 401 on Black Diamond Road. Serviced with municipal water, municipal sewer, and natural gas, this fully rented investment property offers healthy income potential and has been proudly family owned since 1978. The property features a strong mix of rental units including 6- 2 bedroom homes, 2- 3 bedroom homes, and one 1-bedroom home, with many of the units having seen updates over the years. Several major improvements have already been completed, including five newer furnaces and nine separate 100-amp electrical panels. Also included are both a detached 2.5-car garage and a detached single car garage, adding excellent additional storage and functionality. The property fronts on two separate roads, offering exceptional access, flexibility, and future potential. One tenant currently handles snow removal and lawn maintenance, helping reduce operating expenses and making ownership even more manageable. Whether you are looking to expand your investment portfolio, secure a rare income-producing property with long-term rental stability, or create a unique opportunity for large or extended families wanting to live close together while maintaining privacy, this property offers extended incredible versatility in a prime location close to major routes, amenities, and services. Properties like this rarely come available. The owners have cherished this property for decades, and with retirement now approaching, are ready to pass this incredible opportunity on to its next chapter.
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The current listing price for 45 Black Diamond Road, Belleville, ON in Thurlow Ward, Belleville is $2,499,900.
This property features 0 bedrooms and 9 bathrooms across approximately 700-1100 sqft.
45 Black Diamond Road, Belleville, ON is a Multiplex (Bungalow) featuring a Crawl Space basement.
Interior highlights include: None.
Yes, this property offers parking space for 21.5 vehicles (Detached).
Heating is provided via Gas and cooling via None.
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Data-driven valuation for 45 Black Diamond Road, Belleville, ON K8N 0N6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Belleville.
About Purchasing a Home in Belleville, ON
For a property listed at $2,499,900 in Belleville, the legal minimum down payment is $499,980 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 $48,973 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 $48,973.
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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.