Belleville Real Estate

Listings last updated 07/08/2020
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Real estate roundup: Belleville, ON housing market overview

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Belleville is a city located in the southern region of Ontario.

It has a population of around 92,000 people and occupies around 740 square kilometers of land.

Officially incorporated as a city in 1877, it was an integral part of the Grand Trunk Railway that was completed in 1855.

Belleville has also developed a stellar reputation for being extremely friendly towards immigrants and newcomers, donning the well-deserved nickname “The Friendly City”.

One of the fascinating things about Belleville is the fact that homes are not overly expensive.

Many individuals and families have commented that price was not a deciding factor in their decision to purchase a house.

It all came down to location and personal preferences for the type of neighbourhood they wanted to live in.


Belleville, Ontario

Belleville, Ontario
  • Country: Canada

  • Province: Ontario

  • Nickname(s): The Friendly City

  • Population: 49,454

  • Area:

    Land: 247.21 km2 

    Metro: 741.36 km2 

Entertainment & Tourism

Some of Belleville’s highest tourist activity comes from the annual festivals that are hosted at nearly every month of the calendar year. For example, the Quinte Ribfest invites the best rib-cooking establishments in North America to prove that they can make the best ribs around. Over a few days, visitors will have the option of trying numerous samples and several awards are handed out to the competitors. Given that these awards boost their business reputation, you can bet that entrants will do everything in their power to make ribs like they never have before! When you aren’t waiting for the next event to come by, you can participate in the overwhelming number of outdoor activities. With more than 15 golf courses, 26 kilometers worth of hiking & cycling trails, 500 acres of park space, and numerous recreational centers, there will always be something for you to do. Many of these centers host intramural events where friends can form a team and compete against other local teams for fun. It’s a great way to meet new people while getting some exercise.


Main Sections of the City

Due to Belleville’s small size, it is not divided into distinct neighbourhoods or communities. Rather, people agree that there is an urban area and a rural area of Belleville. The urban area is located in the southern region of the city while the rural area is located up north.


The urban zone

The urban zone of Belleville is home to several internationally-recognized companies that have operations in Belleville. They are all aggregated in this area to have easier access to a large base of potential customers and workers. You will also find Belleville’s two shopping malls in this area: The Quinte Mall and the Bay View Mall. Each of these have several stores for purchasing retail items and grabbing a quick bite to eat.

The rural zone

In sharp contrast, rural Belleville is where you can expect to find all of the outdoor amenities that were previously mentioned. The large amount of green space available is what allows for this arrangement. Many of its inhabitants have commented on how clean the air is due to being located far away from the downtown area and any other potential site of pollution. During the winter time, there are new activities that open up. These include skiing, snowmobiling, snowshoeing, hockey and ice fishing.

Real Estate Market

One of the fascinating things about Belleville is the fact that homes are not overly expensive. Many individuals and families have commented that price was not a deciding factor in their decision to purchase a house. It all came down to location and personal preferences for the type of neighbourhood they wanted to live in. With several houses available at affordable prices, anyone looking to live in Belleville will be able to find the home of their dreams!

In urban Belleville, inhabitants are less focused on the size of their home and more on the convenience of getting to work. They tend to opt for the nearby low-rise condos or the apartments available for rent if they are operating on a tight budget. While the condos are not the high-end luxury homes that you would see in other cities, they do provide a comfortable living space for those who are getting their careers started.

Rural Belleville is primarily home to several fully detached residential properties that are adequately spaced out. You can expect to find homes with front yards and backyards that exceed the size of the house itself. Many of these homes have a traditional design to them with the exception of some newly built properties that have a post-modern look to them.

  • Average Home Price: $272,025
  • Average Rent Price: $1,063
  • Average Condo Price: $219,900
  • Average Detached Home Price: $319,900
Home Style Average Price
2 storey $241,537
Bungalow $230,434
Condo $219,900

The following table, based on data taken from the Canadian Real Estate Association (CREA’s) National MLS® Report for April 2016 (the latest information available), demonstrates how homes in LSTAR’s jurisdiction continue to maintain their affordability compared to other major Ontario and Canadian centers.



Belleville is home to two public colleges: The Academy of Learning College and the Loyalist College. The Academy of Learning College is focused on providing diploma and certificate programs in the IT, Law, Healthcare and Business sectors. There are online options available for those unable to physically attend classes. The Loyalist College is geared towards those who want to go into the trades and get a head start on starting a new career path. Belleville is currently home to 13 public elementary schools (K-8) under the Hastings & Prince Edward District School Board, and 5 Catholic schools that are managed by the Algonquin & Lakeshore Catholic District School Board. Top-ranked schools in the areas of reading, writing and mathematics include (but are not limited to) Susanna Moodie, Sir John A. Macdonald, St. Joseph and Harry J. Clarke.


Economic Overview & Outlook

Belleville is currently undergoing a “Build Belleville” program that will oversee massive expansion of its infrastructure. This will lead to greater opportunities for business while providing additional support to the industries that are already thriving in this small city. Its financial stability can be attributed to the fact that it has borrowed a small amount of money relative to other cities. Some have gone as far as to say that their credit rating is sufficient to withstand a nation-wide economy crash. The industries that contribute the most to Belleville’s economic well-being are health care, pharmaceutical, sales, manufacturing and trade. This can be attributed to many smaller companies like Bioniche Life Sciences choosing to set up shop in this city. Belleville has demonstrated itself as a competitive area for attracting new businesses and employees who will become permanent residents in order to work there.

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