Homula Realty Brokerage
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0 HIGHWAY 35, Minden Hills, ON K0M 2K0

< 700 sq ft · Vacant Land
$2,900,000
Property tax
$1,007 / year

Attention Naturalists, Adventurists, Investors & Developers, ... this exceptional property has appeal for everyone! This rare opportunity features 222 beautiful acres of rolling Canadian Shield and is located off Highway 35 on the outskirts of Minden. The clean, sparkling spring-fed waters of Cedar & Otter Lakes are surrounded by undisturbed woodlands where wildlife abounds and the views are stunning. This secluded paradise provides the perfect opportunity to create a nature lovers's retreat, a family hideaway or further development. A Surveyor's Draft Plan is available, featuring 12 unique multi-acre lots, all with direct waterfront access. Excellent road throughout the property for easy access. Years of planning have gone into this project resulting in an amazing opportunity. With an easy 2 hour drive from the GTA, this property has endless possibilities!!

MLS number
X10438565
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
K0M 2K0
Photos
23
Laundry
Not in the unit
1,057days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

This address could not be placed on the mapHomula matches addresses against open government address data, and this one found no match — so the map, the nearby schools and the school boundaries are all unavailable for this listing. It is a gap in our data, not a property without schools nearby.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$580,000 · minimum here is $580,000
$12,840.57per month
Borrowed before insurance$2,320,000
Total borrowed$2,320,000
Interest over 25 years at 4.5%$1,532,172

If you rented it out

-$12,924.49per month out of pocket
Rent$0.00
Everything it costs to hold$12,924.49
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by RE/MAX Professionals North. Listing data provided by the Toronto Regional Real Estate Board.