haho.ca
$749,000
For sale

389 County Rd 48 Road, Havelock-Belmont-Methuen (Belmont-Methuen) - Business for Sale

389 County Rd 48 Road, Havelock-Belmont-Methuen (Belmont-Methuen), Ontario, K0L1Y0

13 parking166 ft²Listed 111 days ago
Overview

This business in Havelock-Belmont-Methuen is for sale offering roughly 166 sq ft of space.

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. (id:66096)

Property Details

MLS®
X13577022
Property Type
Business
Zoning
EP-RU (see attached Zoning document)
Parking
13
Interior Size
166 ft²
Lot Size
166 acres
Frontage
5,060 ft
Cooling
None
Property Tax
$3,886.74/yr
Listed
111 days ago

Features

Appliances
Washer, Water softener, Dryer, Water Heater
Lot Features
Irregular lot size

Services

Sewer
Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
111d
Havelock-Belmont-Methuen (Belmont-Methuen) listings, avg age
89d
Price / ft²
$4,512
List price
$749K

Long Listed: 111 days on market, against an average age of 89 days across the listings currently for sale in this city

Haho

This business in Havelock-Belmont-Methuen (Belmont-Methuen) is available now. Want me to connect you with the agent or keep you posted on any price updates?

Listed by KELLER WILLIAMS PORTFOLIO REALTY · ROBERT WONG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0L)

This home lists at $749,000, about 9.5× the local median household income of $79,000.

Carrying it typically needs a household income of about $146,306 (20% down, 25-yr amortization, stress-tested) — roughly 85% above the area median.

Median household income
$79,000
Population
78,142
Median age
54
Owner / renter
88% / 12%
Avg. household size
2.3

Source: Statistics Canada, 2021 Census (FSA K0L)

$749,000· $4,512/ft²
For sale

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$749,000

Havelock-Belmont-Methuen

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