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Renanza Realty
For sale

389 COUNTY RD 48 ROAD

Havelock-Belmont-Methuen (Belmont-Methuen), Ontario

MLS® X13577022

$1,000,000

Status
Active
Property type
Business
MLS® number
X13577022
Bedrooms
Bathrooms
Year built

Listing description

This unique 166-acre property minutes from Havelock combines substantial land with versatile buildings, offering strong appeal as an investment and land-banking opportunity. The 4-bedroom, 2-bathroom home provides comfortable accommodation, featuring an enclosed front porch with direct entry into the dining room, a bright living room with stairs leading to the second floor, and a well-laid-out kitchen with adjoining laundry room. The second-floor foyer/sitting area creates additional usable space between bedrooms, enhancing the home's functionality for tenants or owner-occupiers.

**Modern mechanicals include a furnace, water softener, and hot water tank installed in November 2019, plus 100-amp electrical service in the residence. A double car garage with an additional shed behind it can function as a third indoor parking bay, adding value for storage or tenant use. The standout feature is the two-level barn, approximately 1,900 sq ft per level with 400-amp service, ideal for a car collection, woodworking or metalworking shop, storage for landscaping and snow equipment, adult "toys" such as boats, RVs, dirt bikes and jet skis, seasonal household storage, or potential event and hobby space (subject to approvals).

**Situated on County Rd 48 with over 5,000 ft of frontage, the property benefits from excellent road exposure and convenient access for future commercial-style rural uses. A preliminary indication suggests the possibility of severing the land into up to four lots, with the prospect for more subject to buyer due diligence and municipal approvals, giving investors room to explore future subdivision or phased disposal strategies. With multiple permitted uses including agricultural, home occupation, home industry, recreational and other rural operations, this property offers an attractive blend of current utility and long-term appreciation potential in a growing rural corridor.

Property summary

MLS® number
X13577022
Property type
Business
Square footage
166 sq ft
Land size
166.033 acres
Annual property taxes
$3,886.74
Parking
13 spaces
Days on market
42 days

Features & details

Cooling
None
Appliances
Washer, Water softener, Dryer, Water Heater
Lot features
Irregular lot size

What would this home cost you?

Based on the $1,000,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$4,653 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of KELLER WILLIAMS PORTFOLIO REALTY, TORONTO.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.