881 Bowen Road, Havelock-Belmont-Methuen, ON

$689,000
MLS#:X9008625
2 beds
1 baths
700-1100 sqft
8.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Backsplit 3 rural residential located in the coveted neighborhood of Belmont-Methuen. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $689,000 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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 92.26 x 254.48 ft lot
  • Features a half, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via propane

Description

Your new home offers 107 feet of breathtaking waterfront along Crowe River and Crow Lake. This property blends tranquility with modern comforts, ideal for both relaxation and active water-based activities like boating and fishing. The spacious open concept floor plan features an updated kitchen with stainless steel appliances, a welcoming dining area, and cozy living room with woodstove - perfect for family gatherings and entertaining friends. The main level offers a primary bedroom and second bedroom with 4-pc bathroom. Utility basement has furnace and additional storage space. An expansive deck and patio area provides ample space for entertaining or relaxing while enjoying the picturesque views of the surroundings. A private boat launch and dock ensure easy access to the water. The property includes a separate bunkie that sleeps 6-8 people, serving as an ideal guest accommodation or private retreat for those seeking a bit of solitude. You will appreciate the convenience of high-speed internet, enabling seamless remote work opportunities in a peaceful and inspiring environment. This home truly offers a perfect blend of natural beauty, recreational opportunities, and modern amenities for a lifestyle that is both enriching and fulfilling.

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Property Summary

This rural residential located at 881 Bowen Road, Havelock-Belmont-Methuen is currently for sale and has been available on SousaSells for 744 days. This property is listed at $689,000 with an estimated mortgage of $2,293* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 881 Bowen 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
2
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 15, 2024
Sold price information is available to members only
Listed Date6/28/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeRural Residential
Architectural StyleBacksplit 3
ConstructionVinyl Siding
BasementHalf, Separate Entrance
Lot Size92.26 × 254.48 Feet
CountyPeterborough
Annual Tax$2,425
Legal DescriptionPT LT 12 CON 1 BELMONT PT 2, 45R1109; S/T R702352; T/W R199593 EXCEPT THE EASEMENT THEREIN LYING S OF PT 3, 45R1109; HAVELOCK-BELMONT-METHUEN EXCEPT FORFEITED MINING RIGHTS, IF ANY

Parking & Garage

Parking Spaces8.0
Garage Spaces6
Garage TypeDetached

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Beach, Cul de Sac/Dead End, River/Stream, Waterfront, Wooded/Treed

Interior Features

Primary Bedroom - Main Floor

Security Features

Community Features

Location

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881 Bowen 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 881 Bowen Road, Havelock-Belmont-Methuen, ON K0K 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.

Market Trend
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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$206,700 (30.0%)
* Minimum Canadian down payment required for this price is $43,900.
Amortization Period30 Years
Estimated Monthly Payment$2,293Based on a loan of $482,300 over 30 years.
Purchase Price$689,000
Loan Amount$482,300
Provincial Land Transfer Tax:$10,255
Total Estimated Closing Taxes:$10,255

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

For a property listed at $689,000 in Havelock-Belmont-Methuen, the legal minimum down payment is $43,900 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 $10,255 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 $10,255.

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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.