$769,000

For sale

1014 Riding Trail, Minden Hills (Lutterworth) - Single Family for Sale

1014 Riding Trail, Minden Hills (Lutterworth), Ontario, K0M2L1

3 beds1 bath10 parking900 ft²Listed 119 days ago

Overview

This 3-bedroom, 1-bathroom home in Minden Hills is for sale offering roughly 900 sq ft of space. It has been on the market 119 days, fresher than the Minden Hills average of 129 days.

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Description

Just off of highway 35 and on the shores of Cedar Lake this 3 bedroom cottage is waiting to be discovered. Perfect for your family to enjoy for years to come, this exceptionally well maintained cottage has everything you need. The property features a 4 piece bathroom, spacious living and kitchen area as well as a large primary bedroom with private balcony as well as a large deck overlooking Cedar Lake and 155 of shoreline with two docks. Spend the days swimming, fishing or just relaxing on the dock, and cozy up with a fire at night in your own little piece of paradise. Add a heated waterline from the lake and this cottage is ready to be used for all 4 seasons. (id:66096)

Property Details

MLS®: X13540410
Property Type: Single Family
Zoning: RU
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 10
Interior Size: 900 ft²
Frontage: 155 ft
Storeys: 1
Basement: Crawl space
Heating: Baseboard heaters, Electric
Cooling: None
Garage: No Garage
Fireplace: Yes
Waterfront: Yes
Ownership: Freehold
Property Tax

Rooms

Ground level

Kitchen: 3.33 x 2.29 meters
Living room: 3.18 x 4.67 meters
Bathroom: 1.55 x 2.87 meters
Bedroom 2: 3 x 2.9 meters
Bedroom 3: 2.69 x 2.9 meters
Primary Bedroom: 5.82 x 5.82 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Refrigerator, Stove, Microwave, Window Air Conditioner, Water Treatment, Window Coverings
Foundation: Block
Exterior: Wood
Lot Features: Irregular lot size, Carpet Free

Services

Water: Lake/River Water Intake
Sewer: Septic System
Utilities: Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

119d

Minden Hills (Lutterworth) listings, avg age

129d

Price / ft²

$854

List price

$769K

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 3-bed single family in Minden Hills (Lutterworth) has been listed for 119 days, which is 10 days fresher than the city average of 129. Act while there is still low competition.

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Listed by Royal LePage Frank Real Estate · Allan Barthram

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0M)

This home lists at $769,000, about 9.6× the local median household income of $80,000.

Carrying it typically needs a household income of about $150,213 (20% down, 25-yr amortization, stress-tested) — roughly 88% above 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)

$769,000· $854/ft²

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment6.75% · $51,900

Min 6.75%50%

Mortgage payment$3,976/mo

↳ CMHC premium ($28,684 capitalized)

Property tax (est.)$143/mo

Total monthly$4,118

Cash Needed to Close

Down payment (6.75%)$51,900

Land transfer tax$11,855

Est. closing costs$4,807

Total cash needed$68,562

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