Two Cottages on Belmont Lake with 150ft Frontage

Property details for 295 Fire Route 23, Havelock Belmont Methuen

Type: Residential
Style: Bungalow
Bedrooms: 5
Bathrooms: 2
Lot Size: 150 FT
Stories: 1
Basement: None
Parking: No Garage
Heating: Baseboard heaters, Electric
Cooling: Wall unit
Exterior: Wood
Ownership: Freehold
Annual Taxes: $3,038 (2025)

This is actually two cottages on one 150-foot waterfront lot on Belmont Lake. The lower one sits right at the water and is a 2-bed, 1-bath three-season place with a deck facing the lake. Up top, there's a winterized 3-bed, 1-bath cottage with a killer panoramic view and its own deck. Both have been spray-foam insulated underneath, so they're solid. Total you're getting 5 beds and 2 baths across the two structures, with 200-amp hydro and a UV water system. The waterfront is deep and clean for swimming, and there are two separate dock areas for boats or toys. It's an east-facing exposure, so you get morning sun on the water. The lot is rolling, and there's a fire pit area too. About 15 minutes to Havelock for groceries, 40 to Peterborough, and under two hours to the GTA keeps you connected. Taxes are $3,038 a year. Asking $849,900, which is pretty reasonable for this kind of setup. If you need space for extended family or friends, this is a rare find.

About 295 Fire Route 23, Havelock Belmont Methuen — Property Score

Hot Market

Score: 67/100

Value

Priced 0% below area median of $849,950 based on 6 comparable properties nearby 70

Stable pricing - no price changes since original listing date 50

Size

5 bedrooms - 2 more than similarly priced 3-bedroom homes nearby 84

2 bathrooms - typical for similarly priced properties 60

Location

$67K median household income - near the Canadian average of $70K 64

76% of residents hold postsecondary credentials - a highly educated neighbourhood 85

93% homeownership rate - indicating a stable, owner-occupied community 95

46% of residents commute under 30 minutes - good commuting convenience 66

4/km² population density - a rural or semi-rural setting 55

Market

Just listed - area average is 53 days on market 100

+180.1% median price change over 1 month - rising prices in the area 100

22.5 months of housing supply - 45 active listings with 2 sold last month (buyer's market) 40

Features

2-car garage - area average is 7 spots 80

None basement 30

baseboard heating throughout 55

Wall unit 60

1 fireplace - a desirable feature for Canadian winters 75

Waterfront, View - premium features that add significant value 80

Investment

0.36% effective tax rate ($3,038/yr) - very low tax burden 89

+57.5% area price change year-over-year - strong appreciation in Havelock Belmont Methuen 100

8% renter population - primarily owner-occupied area 40

Quality

Condition

Listing

46 photos provided - 24% more than the area average of 37 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.