Belleville’s bus routes are undergoing a transformation as the City Council approved a new master transit plan in August 2023. (Quinte News) The primary goal of this plan is to optimize end-to-end travel times, reducing them significantly from the current 45-60 minutes to just 30 minutes.

But what’s the connection to the real estate market? Shorter commute times spanning various neighbourhoods go beyond mere convenience. The ability for individuals to select from a diverse range of neighbourhoods without compromising accessibility has a direct impact on our real estate landscape.

Properties situated in areas with well-established transit options tend to be perceived as more attractive, potentially leading to higher property values.

Given that housing and transportation are among the most substantial financial burdens for the average household, investing in enhanced accessibility becomes crucial.

Stay informed about the evolving landscape! If you’re curious about how these changes might affect you, check out the updated transit map HERE.

Resources:

• Draft Plans
• Delays
• Council Approval
• New Fareboxes