$719,000
Minden Hills
12170 Highway 35, Minden Hills (Lutterworth), Ontario, K0M2K0
This 3-bedroom, 2-bathroom home in Minden Hills is for sale offering roughly 1,300 sq ft of space. It has been on the market 60 days, fresher than the Minden Hills average of 129 days.
Investment Opportunity or Ideal Live/Work Property! 1260 SF living + 3200 SF commercial. Prime exposure on Highway 35, south of Minden, this unique property offers the perfect combination of residential comfort and commercial potential. Featuring a detached family home and a large commercial shop, this property has previously generated $72,000 per year in rental income, making it an excellent investment opportunity. Motivated seller. The two-storey home offers approximately 1,260 sq. ft. of living space. The main floor features a spacious living room, an open-concept kitchen and dining area with a walkout to the side yard, a large office, and a convenient 2-piece bathroom. The home is heated by electric baseboards and a wood-burning fireplace. Propane heating lines have been installed, although the propane furnace has been removed. Upstairs, you'll find three generously sized bedrooms and a 4-pc bathroom. The primary bedroom includes double closets. The unfinished lower level provides a laundry area, workshop space, and plenty of additional storage. New septic 2022. Drilled well. Needs some TLC. The impressive commercial building offers approximately 3,200 sq. ft. across two levels and was previously operated as a flooring showroom + office. The building features extensive storage on both levels, two service bays with 14-foot ceilings, a customer meeting/showroom area on the main floor, and office space on the second level. Situated on a level 1.7-acre lot, this versatile property is ideally located just minutes from all of Minden's amenities. Whether you're looking to run a business, invest, or enjoy the convenience of living and working on the same property, this exceptional offering delivers outstanding value. Ample on-site parking provides easy access for customers, staff, and residents alike. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 60 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 3-bed single family in Minden Hills (Lutterworth) has been listed for 60 days, which is 69 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 $719,000, about 9.0× the local median household income of $80,000.
Carrying it typically needs a household income of about $140,446 (20% down, 25-yr amortization, stress-tested) — roughly 76% above the area median.
Source: Statistics Canada, 2021 Census (FSA K0M)
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