$399,900

For sale

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1225 SPRING VALLEY Road, Minden Hills (Lutterworth) - Single Family for Sale

1225 SPRING VALLEY Road, Minden Hills (Lutterworth), Ontario, K0M2K0

3 beds1 bath8 parking lot size

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2 bd2 ba2 pk900 ft²

Listed by RE/MAX Professionals North

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For sale

7 days ago

$1.40M

1101 BEDLINGTON Lane, Minden Hills (Lutterworth), Ontario, K0M2K0

3 bd2 ba6 pk1,750 ft²Lot size 193 × 316 ft (1.40 acres)

Listed by RE/MAX Professionals North

1019 Loyalist Drive, Minden Hills (Lutterworth), Ontario, K0M2K0

For sale

21 days ago

$600K

1019 Loyalist Drive, Minden Hills (Lutterworth), Ontario, K0M2K0

3 bd2 ba4 pk900 ft²Lot size 89 × 79 ft (7,031 sq ft)

Listed by SUTTON GROUP-ADMIRAL REALTY INC.

319 Boundary Road, Minden Hills (Lutterworth), Ontario, K0M2A1

For sale

27 days ago

$600K

319 Boundary Road, Minden Hills (Lutterworth), Ontario, K0M2A1

2 bd2 ba6 pk1,300 ft²Lot size 151 × 302 ft (1.04 acres)

Listed by Ball Real Estate Inc.

Investment analysis

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$399,900

Minden Hills

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20,038 sq ft (0.46 ac)

Overview

This 3-bedroom, 1-bathroom home in Minden Hills is for sale. Listed at $399,900, it is attractively priced about 33% below the $599,999 median asking price in Minden Hills. It has been on the market 111 days, fresher than the Minden Hills average of 129 days.

Houses for Sale in Minden Hills →All real estate in Minden Hills →

Description

Exciting Opportunity! This charming home is perfect for first-time buyers or anyone looking to downsize. Welcome to 1225 Spring Valley Rd in Minden. Nestled on the outskirts of Minden, this delightful 3-bedroom, 1-bathroom house is situated on a beautifully landscaped and level 1/2 acre lot. The main level boasts new flooring, adding a fresh and modern touch, while the entire bathroom has been completely renovated as recently as last year. Additionally, the full basement features a former 1-bedroom nanny suite, offering a versatile space that awaits your personal finishing touches. Don't miss out on this wonderful chance to make this house your home! (id:66096)

Property Details

MLS®: X13573082
Property Type: Single Family
Zoning: SEE TWP
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 8
Lot Size: 20,038 sq ft (0.46 ac)
Frontage: 100 ft
Storeys: 1
Style: Bungalow
Basement: Partially finished, N/A
Heating: Electric
Cooling: None
Garage: No Garage
Ownership: Freehold
Property Tax: $1,627/yr
Listed: 111 days ago

Rooms

Main level

Living room: 3.35 x 4.87 meters
Dining room: 2.43 x 3.45 meters
Kitchen: 2.54 x 3.04 meters
Primary Bedroom: 3.42 x 3.3 meters
Bedroom: 3.42 x 2.74 meters
Bedroom: 3.04 x 2.59 meters
Sunroom: 2.74 x 1.72 meters

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

Features

Foundation: Block, Concrete
Exterior: Aluminum siding
Lot Features: Level

Services

Water: Drilled Well
Sewer: Septic System
Utilities: Electricity, Wireless

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

111d

Minden Hills (Lutterworth) listings, avg age

129d

List price

$400K

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 111 days, which is 18 days fresher than the city average of 129. Act while there is still low competition.

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Listed by Re/Max All-Stars Realty Inc. · Jeff Reid

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0M)

This home lists at $399,900, about 5.0× the local median household income of $80,000.

Carrying it typically needs a household income of about $78,114 (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)

$399,900

For sale

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Full Cost Breakdown

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Down Payment5% · $19,995

Min 5%50%

Mortgage payment$2,106/mo

↳ CMHC premium ($15,196 capitalized)

Property tax (est.)$136/mo

Total monthly$2,242

Cash Needed to Close

Down payment (5%)$19,995

Land transfer tax$4,474

Est. closing costs$3,700

Total cash needed$28,169

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice