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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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389 County Rd 48 Road Havelock-Belmont-Methuen
For SalePrice DropHavelock-Belmont-Methuen

389 County Rd 48 Road Havelock-Belmont-Methuen, Investment for Sale

MLS® X13577022

Havelock-Belmont-Methuen, ON

114 days on market
$749,000
Previously $1,000,000
Show on Map
Show on Map
N/ABeds
N/ABaths
166Sqft
N/AParking
Investment

Overview· 389 County Rd 48 Road Havelock-Belmont-Methuen

MLS® #X13577022

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.

Inclusions

Fridge, Stove, Washer/Dryer. All electric light fixtures. Propane Furnace, water softener, hot water tank installed in November 2019. (All in As-Is Where Is Condition)

Exclusions

2 Propane Tanks

Broker

KELLER WILLIAMS PORTFOLIO REALTY

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Walk Score®1Car-DependentCar-Dependent
Transit Score®—No transit agency data for this addressNo transit agency data for this address
Bike Score®—Not rated for cyclingNot rated for cycling
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Highlights & Amenities· 389 County Rd 48 Road Havelock-Belmont-Methuen

Source: MLS® listing data
389 County Rd 48 Road Havelock-Belmont-Methuen

Investment

389 County Rd 48 Road Havelock-Belmont-Methuen

Havelock-Belmont-Methuen

Type

Investment

Parking

Double Detached

Property Tax

~$3,887/yr

Heating

Propane Gas

Buying Essentials

Square Feet

166 sqft

Parking

Double Detached

Finances

List Price

$749,000

Price per SQFT

$4,512/sqft

Property Tax

~$3,887/yr

Property Specs

Property Type

Investment

MLS Size

166 sqft

Living & Amenities

Heating Type

Propane Gas

Policies & Utilities

Neighbourhood

Havelock-Belmont-Methuen

Listed On

Jul 16, 2026

Major Highway

Price & Listing History

Days on Market

Current: 114 days

0306090120+

Rooms

Room information is not available for this listing.

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$3,013/mo
Property Tax$324/mo
Total Monthly$3,337

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0