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$1,399,900
Minden Hills
1022 Mulberry Lane, Minden Hills (Lutterworth), Ontario, K0M2L1
This 4-bedroom, 3-bathroom home in Minden Hills is for sale offering roughly 2,250 sq ft of space. It has been on the market 57 days, fresher than the Minden Hills average of 129 days.
Welcome to this exceptional waterfront property on beautiful Moore Lake, offering 1.82 acres of level, manicured grounds, a sandy beach, and a peaceful lakeside setting. This well-maintained 3+1-bedroom Royal Home, built in 2004, provides spacious family living with cathedral ceilings, main-floor laundry, central air, and central vacuum. The bright eat-in kitchen features quartz countertops and a walkout to the deck overlooking the water. The spacious primary bedroom offers hardwood floors, a walk-in closet, 4-piece ensuite, and its own walkout to the waterfront deck. The fully finished walkout basement features a generous recreation room with pine ceilings and a propane fireplace. Adding incredible versatility and income potential is the large, detached outbuilding, thoughtfully divided into four self-contained apartments - two bachelor units and two one-bedroom units. Each apartment is heated with propane fireplaces, with a common laundry room and separate well and septic. The property also features a 24' x 36' workshop, 4 additional sheds, a 40' dock, sandy shoreline, fire pit, and beautifully maintained gardens. Whether you're looking for a private waterfront retreat, family compound, or an investment opportunity with additional rental income, this unique Moore Lake property offers an exceptional combination of space, lifestyle, and potential. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 57 days on market, against an average age of 129 days across the listings currently for sale in this city
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.
This 4-bed single family in Minden Hills (Lutterworth) has been listed for 57 days, which is 72 days fresher than the city average of 129. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,399,900, about 17.5× the local median household income of $80,000.
Carrying it typically needs a household income of about $273,449 (20% down, 25-yr amortization, stress-tested) — roughly 242% above the area median.
Source: Statistics Canada, 2021 Census (FSA K0M)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.