Ever thought of owning your own private island?Now is your opportunity to own String Island on beautiful Belmont Lake. Just under 2 acres in size and cherished by the same family for over 70 years, this unique property offers the chance to create your own island retreat and make memories for generations to come.Featuring a dry cabin, hydro, and surrounded by the natural beauty of Belmont Lake, you'll enjoy the privacy and tranquility that only island living can provide. Spend your days fishing, boating, swimming, exploring the shoreline, gathering around the campfire, and enjoying quality time with family and friends.Whether you're looking for a peaceful escape from the city, a family camping getaway, or a place to simply relax and reconnect with nature, the possibilities here are endless.Known for its excellent fishing and scenic surroundings, Belmont Lake is a destination that people return to year after year.A place where summer memories are made, stories are shared, and time seems to slow down.
works out to roughly $427 per square foot. Chat with Zara if you'd like a deeper read on whether this home fits your budget and timing.
Inside 281 String Island S
Every detail from the listing, in one place.
Style
Log
Living space
< 700 sq ftas stated on the listing
Parking
1 space
Features & systems
Parking & garage
Parking spaces
1
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Log
Property class
Other
281 String Island S Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13485148$299,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 281 String Island S Compares to the Havelock-Belmont-Methuen Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$1,469
/mo
based on the purchase price of $299,000
$59,800 cash
$239,200 financed
$201,469 total interest
Principal54%$239,200
Interest46%$201,469
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Keep looking near 281 String Island S
Homes for sale in Havelock Belmont Methuen
Every active Havelock Belmont Methuen MLS® listing, updated all day.
Average days on market50Homes sold in about 50 days on average.
Sale-to-list ratio93.8%On average, homes sold below asking.
Active listings85Homes for sale here right now.
Median vs prior 90 days−7.3%Compared with May 13 – Aug 11, 2026: prices down.
Based on 44 sales from Aug 11 – Nov 9, 2026 (42 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 281 String Island S
How much is 281 String Island S listed for?
281 String Island S is listed at $299,000 (MLS® X13485148). Summitly updates the price as soon as the MLS® record changes.
Is $299,000 a good price for 281 String Island S?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Havelock-Belmont-Methuen. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 281 String Island S changed?
No — 281 String Island S is still listed at its original asking price of $299,000.
How many bedrooms and bathrooms does 281 String Island S have?
281 String Island S has about 700 square feet of living space. The listing doesn't publish a bedroom or bathroom count. It is a home in Havelock-Belmont-Methuen.
How much would the monthly mortgage be on 281 String Island S?
About $1,469 a month — principal and interest on $299,000 with 20% down ($59,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 281 String Island S compare with other homes in Havelock-Belmont-Methuen?
Its asking price of $299,000 is about 37% below the median sold price in Havelock-Belmont-Methuen over the last 90 days, $475,000, across 44 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 281 String Island S been sold before?
Summitly has no earlier MLS® sale or lease of 281 String Island S on record from the last two years. Older records aren't shown under TRREB rules.
Where is 281 String Island S?
281 String Island S is in Havelock-Belmont-Methuen, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 281 String Island S been on the market?
138 days — 281 String Island S was listed on June 24, 2026.
What is the price per square foot of 281 String Island S?
About $427 per square foot: the asking price of $299,000 over the 700 sq ft the listing gives.
Does 281 String Island S have parking or a garage?
Yes — the listing gives 1 parking space.
What is the land transfer tax on 281 String Island S?
About $2,960 in Ontario land transfer tax at the asking price of $299,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.