458 Old Norwood Road, Havelock-Belmont-Methuen, ON

$625,000
MLS#:X8431170
5 beds
2 baths
1100-1500 sqft
7.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Belmont-Methuen. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $625,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 328.93 x 296.05 ft lot
  • Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 7.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via oil

Description

First time offered for sale!!! 3 plus 2 (lower) bedroom 2 bath private bungalow sits on just over 2 Acres (2.31) of land. This home offers an open concept kitchen, Living, dinning-room with main floor laundry! The lower level offers a Full rec-room with barn board accents and a pellet Stove. There is an attached garage with entry to the house and a front deck and spacious back deck to enjoy your evenings! This property also includes an over sized metal shed and has lots of wildlife, cedar and hardwood trees, perennial gardens and is a bird watchers Haven. Country living at its finest (close to several water ways, snowmobile and ATV trails) but close to all amenities!

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Property Summary

This detached home located at 458 Old Norwood Road, Havelock-Belmont-Methuen is currently for sale and has been available on SousaSells for 760 days. This property is listed at $625,000 with an estimated mortgage of $2,080* per month. It has 5 beds, 2 bathrooms, and is 1100-1500 square feet. 458 Old Norwood Road, Havelock-Belmont-Methuen is in the Belmont-Methuen neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
5
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 30, 2024
Sold price information is available to members only
Listed Date6/12/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionBrick
BasementFull, Finished
Lot Size328.93 × 296.05 Feet
CountyPeterborough
Annual Tax$2,129.44
Legal DescriptionPT LT 6 CON 10 BELMONT PT 2 45R8703, HAVELOCK-BELMONT-METHEUEN

Parking & Garage

Parking Spaces7.0
Garage Spaces6
Garage TypeAttached

Heating & Cooling

Heat SourceOil
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

School, School Bus Route, Place Of Worship

Interior Features

Other

Security Features

Community Features

Location

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458 Old Norwood Road, Havelock-Belmont-Methuen, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 458 Old Norwood Road, Havelock-Belmont-Methuen, ON K0L 1Z0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Havelock-Belmont-Methuen.

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Interest Rate4.00%
Down Payment$187,500 (30.0%)
* Minimum Canadian down payment required for this price is $37,500.
Amortization Period30 Years
Estimated Monthly Payment$2,080Based on a loan of $437,500 over 30 years.
Purchase Price$625,000
Loan Amount$437,500
Provincial Land Transfer Tax:$8,975
Total Estimated Closing Taxes:$8,975

About Purchasing a Home in Havelock-Belmont-Methuen, ON

For a property listed at $625,000 in Havelock-Belmont-Methuen, the legal minimum down payment is $37,500 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $8,975 for this transaction. As this listing is in Havelock-Belmont-Methuen (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $8,975.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Havelock-Belmont-Methuen.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$555,116

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.