8 Ontario Street, Havelock-Belmont-Methuen, ON
Property Highlights
Welcome to this remarkable 2-Storey multiplex located in the coveted neighborhood of Havelock. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $379,900 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 4 Bathrooms with 4 functional kitchens
- Generous living space spanning 2500-3000 sqft on a premium 66 x 132 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: Water Heater Owned
- Efficient forced air heating via gas
Description
8 Ontario St, Havelock - Fantastic 4-Plex Opportunity! Discover the perfect investment or owner-occupancy opportunity at 8 Ontario St in Havelock. This well-maintained 4-plex, serviced by town utilities, offers a prime location in a peaceful area while remaining just steps from all the amenities Havelock has to offer. The main floor 1-bedroom unit is currently vacant, presenting a rare chance to move in and make it your own or set a fresh market rent. The remaining units are occupied by quiet, mature tenants, ensuring a stable income stream for years to come. This property's excellent cash flow potential means your mortgage payments could be covered, with money left over! Whether you're a first-time investor, seasoned landlord, or looking for an affordable way to live and earn, this 4-plex is a great deal.
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Property Summary
This multiplex located at 8 Ontario Street, Havelock-Belmont-Methuen is currently for sale and has been available on SousaSells for 405 days. This property is listed at $379,900 with an estimated mortgage of $1,265* per month. It has 5 beds, 4 bathrooms, and is 2500-3000 square feet. 8 Ontario Street, Havelock-Belmont-Methuen is in the Havelock neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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Pricing & Value Insights
Data-driven valuation for 8 Ontario Street, Havelock-Belmont-Methuen, ON K0L 1Z0
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Havelock-Belmont-Methuen, ON
For a property listed at $379,900 in Havelock-Belmont-Methuen, the legal minimum down payment is $18,995 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 $4,174 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 $4,174.
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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.