Who’s looking for a stable, low-drama property?
Here’s a well-maintained detached bungalow sitting on a deep 50 x 160 lot, plus an oversized side/backyard area (an additional 65’ x 150’!) that gives you rare land at this price point. The bonus lot cannot be severed, but it creates serious yard space, privacy, and long-term land value. The house is rent-ready as-is, vacant on closing, and priced below typical resale value for detached homes in this range.
How can you profit?
1) Single Family Rental – The existing house is rent-ready as-is. Estimated market rent for the full home is around $2,500-$2,900/month based on comparable rentals.
2) Move In With Equity – This works very well for an end user who wants a detached home with an unusually large backyard at a below-market entry point. Convert the main floor back to its original 3-bedroom layout over time if desired. Realtors, add your commission on top and bring your buyers looking for detached value in the $300s with real outdoor space.
SUMMARY:
– LOCATION: Belleville, ON (N Front St between 401 and College St)
– PURCHASE PRICE: $315,000 Or Best Offer. First Come, First Served!
– CLOSING: April 2, 2026 (Likely somewhat flexible. This is an assignment sale.)
– TYPE: Detached Bungalow
– BEDS/BATHS:
– MAIN FLOOR: Currently 1 bed. (Used to be 3! Conversion to 2 beds would be easy, if you give up some living space.) 1 full bath.
– BASEMENT: 2 beds. Shower/sink combo (no toilet). Rec area.
– PARKING: LOTS of parking in the long double-wide driveway.
– BASEMENT: Finished, approx. 6+ ft in most areas (buyer to verify). No separate entrance.
– SQFT: 924
– MAIN LOT: 50’ x 160’
– BONUS LOT: 65’ x 150’ (approx.) No severance potential. Some builds may be limited as well.
– AGE: 1953
– PROPERTY TAX: $2,782 (2025)
– POSSESSION: Vacant
RENOVATIONS NEEDED:
– This house is rent-ready as is. Light cosmetic updates if desired (paint, minor finish touch-ups).
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– Massive combined yard footprint, rare at this price point
– House in rent-ready condition as-is
– Metal roof, done about 6 years ago. Windows updated within the last 10 years
– Finished basement with two large bedrooms and an extra bath area
– Close to the river (property-specific location advantage)
– Wide driveway parking, practical for tenants and future plans
LISTING ID: 0226-BEL-F01
Please let us know if you want to view it or if you want the info package. (Comparable solds, MPAC info, and more…)
Thank you,
Aaron Moore, Tomomi Wang, Josea Dussard, Sarah Budden & Tobias King
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
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PS. Email us today for your info package. Who wants to make money on this one?