Moving has always been an inevitable part of life. Every year thousands of people move from one city or country to another, looking for better opportunities. Lately, Belleville, ON, has been the preference of young adults seeking stability in life.
Are you also planning to move to Belleville? Or are you still considering the place? This article can guide you about the benefits of living in Belleville. We will also inform you about the average living costs in Belleville and the current situation of the real estate market.
Although, our readers must do their research before making a final decision. Our purpose is to inform you solely, as we don’t provide any advice.
An Overview of Belleville
Belleville is one of the leading cities of Canada, situated in its fourth-largest province Ontario. It is located towards Canada’s east-central side and borders the United States. Belleville is surrounded by significant natural landmarks, including Lake Ontario, Moira River, and the Bay of Quinte. It enhances the city’s importance, making it an ideal tourist attraction.
Benefits of Living in Belleville
Following are some of the most worth mentioning benefits of living in Belleville!
Manufacturing Hub
Belleville is a prosperous industrial and manufacturing hub. It is most known for packaging, warehousing, food processing, developing automobile parts, and plastics. It also has a growing biotechnical industry. Moreover, many prominent companies, such as Vantage Food, have set up factories in Belleville.
Beautiful Scenery
The matchless natural landscape of Belleville makes it one of the most beautiful living places in the world. One of the most famous scenic points of the city is the Bay of Quinte. It offers the city’s worth-watching waterfront view that attracts tourists worldwide.
Education & Health Services
The demand for a house in Belleville has drastically increased in the last few years due to population overflow. One of the foremost factors is the city’s top-notch education and health services. Belleville offers a full range of schools, medical laboratories, home medical suppliers, and so on.
Good Weather
Compared to the rest of the cities of Canada, the Belleville weather is quite pleasant. You don’t have to experience freezing winters here, as Belleville is towards the southern part of Ontario. Moreover, the city looks especially beautiful in the fall season as the leaves change color. The whole town gives a fine impression of fairytale land.
Entertainment
There is no sort of entertainment you can’t enjoy at Belleville, whether outdoor activities, nature, adventure, or festivals. The most common among locals is fishing, boating, and sailing at the bay Quinte. You can also go ice fishing in winters as the bay freezes. Moreover, the city is close to other metropolises. You can also go to Prince Edward County for beaches.
Transportation
Belleville leaves the rest of the cities far behind when the matter narrows down to public transportation. It is connected to Highway 401, which has interchanged at Wallbridge Loyalist Road, Highway 6, and Highway 37. In addition, the city is also connected via rail routes as the VIS Rail stops here many times a day.
Living Costs in Belleville
In Belleville, the living cost is comparatively higher than in other cities of Canada. It is expensive to buy a house in Belleville these days. Moreover, other facilities, including food and services, can add to the financial burden. Since the city is located in Ontario, it follows a strict taxation policy. The lowest income rate can get as high as 20%. However, transportation and health facilities are relatively affordable.
Real Estate Market Trends
Here are the real estate market trends of Belleville for the last five years.
Years |
Average Sale Price |
2021 | $607,647 |
2020 | $457,137 |
2019 | Over 350K |
2018 | Over 300K |
2017 | Over 250K |
As you can see, the average home prices have constantly increased in the past five years, and there are strong chances these prices may keep growing. Therefore, if you desire to live in Belleville, don’t wait too long to purchase a house in Belleville. Moreover, considering these statistics, the real estate market appears promising for investment. However, make sure to do detailed research before investing.
Current Pre-Construction Projects in Belleville
Given below are ongoing pre-construction projects in Belleville. Have a look if you are planning to buy a house in Belleville!
Project Name | Location | Developed By | Facilities |
Sand Cherry Court | 340 Palmer Road, Belleville, ON | Bosseini Living | 39 Units
Townhouse Nearby Casino, Marriot, and future Costco |
Project Name | Location | Developed By | Facilities |
Rossmore Commons | 5568 Ontario 62, Belleville, ON | Belleterre Real Estate Partners | 48 Units
Townhouse & Single Family Home Semi-Detached & Detached Dwellings Highly Affordable Market Apartments |
Project Name | Location | Developed By | Facilities |
Stonecrest Estates – Phase 4 | Old Highway 2 & Aikins Road, Quinte West, ON | Geertsma Homes Ltd. | Single Family Home
Multiple Units Between Belleville and Trenton Large Lots and Beautiful Parkland |
Conclusion
In conclusion, we can say that Bellville is indeed one of the great places to live, considering the benefits it offers. Although, there are also some downsides, especially housing expenses and taxes. Yet the final call is always yours as only you can tell which city is ideal for your loved ones to settle.