Overview

This lot in Minden Hills is for sale offering roughly 350 sq ft of space. It has been on the market 92 days, fresher than the Minden Hills average of 129 days.

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Description

Approximately 1 acre of vacant land in the heart of Minden, situated on the north side of McKnight Drive with approximately 263 feet of road frontage and a newly installed driveway. Located near the Gull River and approximately 5 minutes from downtown Minden's shops, restaurants and everyday amenities. Development potential and permitted uses have not been confirmed. Buyers must independently verify all applicable restrictions and approval requirements with the municipality and relevant authorities, including those relating to building, site alteration, land clearing and tree removal. No representation or warranty is made regarding the property's suitability for development or any particular use. (id:66096)

Market Timing

Days on market

92d

Minden Hills (Lutterworth) listings, avg age

129d

Price / ft²

$343

List price

$120K

Homes here sell below asking price

Homes in this market sold for an average of 94.7 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This vacant land in Minden Hills (Lutterworth) has been listed for 92 days, which is 37 days fresher than the city average of 129. Act while there is still low competition.

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Area context

Neighbourhood profile (K0M)

This home lists at $120,000, about 1.5× the local median household income of $80,000.

Carrying it typically needs a household income of about $23,440 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $80,000
Population: 53,815
Median age: 56.8
Owner / renter: 88% / 12%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA K0M)

$120,000· $343/ft²

For sale

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Financing

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0 McKnight Drive, Minden Hills (Lutterworth) - Vacant Land for Sale

Description

Property Details

Features

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Market Timing

Location

Nearby Places

Neighbourhood profile (K0M)

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