389 County Rd 48 Road, Havelock-Belmont-Methuen, ON K0L 1Y0
Belmont-Methuen, Havelock-Belmont-Methuen · Near CR48 & Mid-Belmont 7th Line · View map
About this home
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.
The home
- Type
- Investment
- Square footage
- 166.033 sq ft
- Lot size
- 5059.5 x 2613.8 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Propane Gas
Garage & parking
- Garage
- Double Detached
- Driveway spaces
- 13
- Total parking
- 13
Taxes & other
- Property taxes
- $3,887/yr
- Tax year
- 2026
- Occupancy
- Vacant
- Possession
- T.B.D
- Cross street
- CR48 & Mid-Belmont 7th Line
- Neighbourhood
- Belmont-Methuen
More
- MLS® number
- X13577022
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
389 County Rd 48 Road, Havelock-Belmont-Methuen, ON K0L 1Y0
Belmont-Methuen, Havelock-Belmont-Methuen · Near CR48 & Mid-Belmont 7th Line
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Listing history for 389 County Rd 48 Road
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 389 County Rd 48 Road
Answers come straight from this home’s MLS® listing.
How much is 389 County Rd 48 Road listed for, and what would it cost each month?
389 County Rd 48 Road is listed for $749,000. With 20% down ($149,800), the mortgage payment would be roughly $3,021 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $3,345 a month, all in. That figure is an illustration, not a quote.
Is 389 County Rd 48 Road freehold or a condo, and is there a monthly fee?
389 County Rd 48 Road is a investment in Belmont-Methuen, Havelock-Belmont-Methuen. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 389 County Rd 48 Road have a garage and parking?
Yes. The listing shows the garage as double detached. The driveway adds 13 spaces. In total the listing counts 13 parking spaces.
What style of home is 389 County Rd 48 Road?
389 County Rd 48 Road is an investment. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 389 County Rd 48 Road, and what is the lot size?
The lot is listed as 5059.5 x 2613.8 ft.
How is 389 County Rd 48 Road heated and cooled?
Heating is propane gas. The listing does not show air conditioning.
What are the property taxes for 389 County Rd 48 Road?
Property taxes are $3,887 a year (2026), or about $324 a month.
Where is 389 County Rd 48 Road?
389 County Rd 48 Road is in the Belmont-Methuen community of Havelock-Belmont-Methuen. The nearest main intersection is CR48 & Mid-Belmont 7th Line. The postal code is K0L 1Y0.
Is 389 County Rd 48 Road still for sale?
Yes. It is an active listing (MLS® X13577022). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 389 County Rd 48 Road asking?
Similar properties for sale nearby right now include 389 County Rd 48 Road at $749,000, 389 County Rd 48 Road at $749,000 and 389 County Rd 48 Road at $749,000 (4 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 389 County Rd 48 Road sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 389 County Rd 48 Road?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
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Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.