Sold for:Sold May 8, 2025
$349,900

40 Gilbert Street

Belleville (Belleville Ward), ON K8P 3H2

Detached House SoldNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for 40 Gilbert Street, Belleville, Belleville Ward

2025-04-30
2025-05-08
Sold
Price
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MLS#
x12112259

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 40 Gilbert Street, Belleville, Belleville Ward

Situated on a generous city lot, this 3+1 bedroom bungalow presents an exciting opportunity for those looking to renovate and restore its full potential. The spacious living room is highlighted by an east-facing picture window, bringing in plenty of natural light, and a charming barn-style door adds character. The functional and efficient kitchen includes a cozy breakfast area, while the three main-floor bedrooms are conveniently serviced by a full family bathroom. The lower level extends the home's living space with a rec room featuring a wet bar and a gas stove, offering a comfortable gathering space despite its lower ceiling height. A fourth bedroom, a full bathroom combined with the laundry room, and an additional hobby room provide plenty of versatility for various needs. With some updates, this level could become a valuable extension of the homes functionality. Outside, the large yard is partially fenced and shaded by mature trees. A detached workshop offers space for projects or could be used as a greenhouse, with ample room remaining for storing a lawn tractor and snow blower. With its prime location and endless possibilities, this property is ideal for buyers looking to invest in a home with great potential. Home inspection available. Offers will be presented on May 7th.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,139
Land Transfer Tax Fee
$3,724

Rental Items

Rental Equipment
Hot water tank (Reliance $345 annual cost)
Under Contract
Hot Water Heater

Basement Type
Full

Interior Features

Laundry Level
Lower Level
Interior Extras
Primary Bedroom - Main Floor
Fireplace/Stove
Yes
Fireplace Features
Natural Gas
Elevator
No

Exterior Features

Exterior Extras
Year Round Living
Pool
None
Other Structures
Workshop

Building

Building Type
Detached
Building Style
Bungalow
Approx Age
51-99

Construction

Exterior Finish
Brick, Vinyl Siding
Roof
Metal
Foundation Details
Concrete Block
Special Designation
Unknown

Lot

Lot Front
50.00 ft
Lot Depth
140.00 ft

Inclusions

Inclusions
Fridge, stove, washer and dryer, garage shelves, pool table, BBQ

Exclusions

Exclusions
None

Parking & Garages

Garage Type
None
Garage Spaces
8
Parking Spaces
8
Total Garage And Parking Spaces
8

Heating & Cooling

Heat Source
Gas
Heat Type
Fan Coil
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer

Bedrooms
3 + 1
Washrooms
2
Kitchens
1

Room sizes

  • Living Room—
    Main level
  • Kitchen—
    Main level
  • Dining Room—
    Main level
  • Primary Bedroom—
    Main level
  • Bedroom 2—
    Main level
  • Bedroom 3—
    Main level
  • Bathroom—
    Main level, 4 Pc Bath
  • Recreation—
    Basement level, Wet Bar
  • Bedroom 4—
    Basement level
  • Bathroom—
    Basement level, 3 Pc Bath, Combined w/Laundry
  • Utility Room—
    Basement level

Washrooms

  • 4-piece, Main
  • 3-piece, Basement

Municipality
Belleville
Neighbourhood
Belleville Ward
Main cross streets
College St W
Zoning
R2 Residential
Directions
College St W to Gilbert St

MLS® number
X12112259
Data source
Toronto Regional Real Estate Board
Status change
2025-05-08
Listed on
2025-04-30
Days on market
8 days
Possession type
Immediate
Co-op commission
2%
Seller
Listed by
GORDON`S DOWNSIZING & ESTATE SERVICES LTD.

Home Market Value

Current home valuation for 40 Gilbert Street, Belleville, Belleville Ward, Belleville, ON. Listed for $349,900

HOMEH Estimate

?

$410,705

Estimated Sales Range

?

$287,494 - $533,917

HOMEH Estimate for 40 Gilbert Street, Belleville, Belleville Ward

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$410,705Low confidence
Based on 3 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Belleville, ON
Minimum Down Payment Required:5.0%

5% of purchase price for homes $500K or less

Minimum down payment

$17,495

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
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%
$
+CMHC insurance
$13,296$9,762$8,328$0
=Total mortgage
$345,701$324,672$305,743$279,920
Amortization
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%
%
%
%
Payment frequency
=Mortgage payment
$1,688monthly$1,585monthly$1,493monthly$1,367monthly
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Land Transfer Tax

Provincial

$3,724

Total Land Transfer Tax

$3,724

Around this home

6/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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