Welcome to the smartest investment you'll make this year (6 figure net income) - 58 acres of prime waterfront real estate, two positive cashflow assets and your very own vineyard, private brook and breathtaking views of the Bay of Quinte. A stunning and updated 5 bedroom estate with a home gym that can be converted to your very own oasis or keep it as the current successful AirBNB asset earning over 6 figures annually. A commercial building resides on the property providing even further positive cash flow. This includes 5,600 sqft of office and vehicle bay space with 42,000 sqft of paved parking. Inquire for further details on all assets and property details. This is an opportunity of a lifetime. Book your private showing today. (See commercial listing) ** This is a linked property.** (id:28469)
Facts & features
Property
MLS® Number
X13604476
Property Type
Single Family
Community Name
Belleville Ward
Ownership
Freehold
Easement
Right Of Way, None
Features
Irregular Lot Size
Parking Space Total
5
View Type
Direct Water View
Water Front Name
Blessington Creek
Water Front Type
Waterfront On Creek
Building
Bathroom Total
4
Bedrooms Above Ground
5
Bedrooms Total
5
Age
100+ Years
Basement Development
Partially Finished,unfinished
Basement Type
N/a (partially Finished), N/a (unfinished)
Construction Style Attachment
Detached
Cooling Type
Central Air Conditioning
Exterior Finish
Brick, Vinyl Siding
Fireplace Present
Yes
Fireplace Total
1
Foundation Type
Stone
Half Bath Total
1
Heating Fuel
Propane
Heating Type
Forced Air
Stories Total
2
Size Interior
2,500 - 3,000 Sqft
Type
House
Parking
No Garage
—
Land
Acreage
Yes
Sewer
Septic System
Size Depth
1848 Ft
Size Frontage
1260 Ft
Size Irregular
1260 X 1848 Ft
Size Total Text
1260 X 1848 Ft|50 - 100 Acres
Monthly payment estimate
$
Estimated payment—per month
Mortgage amount
—
Total interest
—
Down payments under 20% typically require mortgage default insurance (CMHC), which is not included in this estimate.
Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.
Cost of ownership
Est. monthly payment
$8,855/mo
Ontario land transfer tax
$36,473 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.