Belleville · Quinte area
Mortgages in Belleville, compared across lenders
We compare banks, credit unions and monoline lenders for your Belleville purchase, renewal or refinance, and explain the trade-offs in plain English.
We help Belleville households buy, renew and refinance by comparing banks, credit unions, trust companies and monoline lenders. In September 2026 the median Belleville sale was $492,000, across 55 sales (Central Lakes Association of REALTORS, checked October 2026). Every mortgage is subject to lender approval; we arrange mortgages for properties in Ontario only.
Belleville in numbers
These are the latest published figures we could check for Belleville, each with its source and date. They describe the market, not your mortgage.
Home sales, September 2026
- Median sale price
- $492,000
- Average sale price
- $516,912
- Sales
- 55
Detached homes: 48 sales, median $483,000. Hastings County as a whole: 138 sales, median $480,500.
Residential property tax rate, 2026
- Total rate, urban area
- 2.030312%
Made up of City core 1.109757% + fire 0.232865% + police 0.441024% + transit 0.084423% + streetlights 0.009243% + education 0.153000%. The rate applies to the assessed value set by MPAC (the Municipal Property Assessment Corporation), not to the price you pay.
Renting, October 2025
- Average two-bedroom rent
- $1,484 a month
- Vacancy rate
- 3.4%
A year earlier the rent was $1,448 and vacancy 3.5%. The survey covers purpose-built rental apartments in private buildings of three or more units.
Households, 2021 Census
- Households that own
- 62.5%
- Median household income (2020)
- $73,000
City of Belleville (census subdivision 3512005): 23,535 households, population 55,071. Income is for 2020, the year before the census.
What's different about borrowing in Belleville
- Belleville is outside the City of Toronto, so a purchase pays Ontario's land transfer tax only. Our land transfer tax calculator shows the amount.
- Belleville's 2026 residential property tax rate is 2.030312% of the home's assessed value in the urban area, counting the City, fire, police, transit, streetlight and education parts (City of Belleville, 2026 tax rates, checked October 2026). MPAC sets the assessed value, and it is not the price you pay, so ask for the seller's current tax bill. Lenders count property tax in the housing costs they qualify you on (CMHC debt-service rules, checked October 2026).
- A two-bedroom apartment in the Belleville-Quinte West census metropolitan area (CMA), which includes Belleville, rented for $1,484 a month on average in October 2025, up from $1,448 a year earlier (CMHC, checked October 2026). Vacancy was 3.4%. If you rent now, set that rent against a mortgage payment plus property tax, heat and upkeep.
- In the 2021 Census, 62.5% of households in the City of Belleville owned their home, and the median household income in 2020 was $73,000 (Statistics Canada, checked October 2026).
Outside Toronto you pay Ontario's land transfer tax only — work it out with the land transfer tax calculator. Also useful: Ontario closing costs · down payment rules.
Who we help in Belleville
We help Belleville households buy a first home, move up, renew or refinance. We compare banks, credit unions and monoline lenders (lenders that only do mortgages and work through brokers) first.
If you are moving up, we compare porting your mortgage with breaking it and starting again. Alternative lenders are the next step when a bank's rules don't fit, at a higher cost. Private money is a short bridge only, and we explain its cost first.
Questions from Belleville borrowers
Do I pay Toronto's land transfer tax in Belleville?
No. Belleville is outside the City of Toronto, so only Ontario's land transfer tax applies.
Illustrative, not a quote: on the September 2026 median Belleville sale of $492,000, Ontario's tax is $6,315, or $2,315 if you qualify for the full $4,000 first-time buyer refund (Central Lakes Association of REALTORS median and ontario.ca brackets, checked October 2026).
This is our arithmetic. 0.5% of the first $55,000 is $275, and 1% of the next $195,000 is $1,950. Then 1.5% of the next $150,000 is $2,250, and 2% of the last $92,000 is $1,840.
Your lawyer works out the exact amount at closing.
Can I get pre-approved before I start looking in Belleville?
Yes. A pre-approval gives you a price range and usually holds a rate for a set period. It is subject to lender approval of the home you choose and your final documents, and it is not a commitment to lend.
Can I work with you if I live in Belleville?
Yes. We work with borrowers across Ontario by phone and online; our office is in Richmond Hill.
Nearby: Kingston · Peterborough
General information for Ontario borrowers, not advice. Stonefield Mortgage is a trade name of Stonefield Capital Inc., FSRA mortgage brokerage licence #13722.
Sources
- Central Lakes Association of REALTORS, Hastings housing report, September 2026, checked October 2026.
- City of Belleville, 2026 tax rates, 2026 tax year, checked October 2026.
- CMHC Rental Market Survey, Ontario tables 1.1.1 and 1.1.2, published 11 December 2025, October 2025, checked October 2026.
- Statistics Canada, 2021 Census of Population, Census Profile, City of Belleville (census subdivision 3512005), 2021 Census, checked October 2026.
- Ontario, Calculating land transfer tax, page updated 22 April 2026, checked October 2026.
- Ontario, Land transfer tax refunds for first-time homebuyers, page updated 10 February 2026, checked October 2026.
- CMHC, Calculating GDS and TDS, debt-service rules for insured mortgages, checked October 2026.
- Land transfer tax example: our arithmetic, Ontario's brackets applied to the Central Lakes Association of REALTORS September 2026 median, less the $4,000 first-time buyer refund, checked October 2026.
No cost to talk
Talk to a broker about your Belleville mortgage
Tell us what you're planning for a home in Ontario and a good number to reach you. We call back within one business day, usually sooner. We ask for documents only once we know which ones your mortgage needs.
You can also call us at (416) 371-2077.