Homula Realty Brokerage
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0 Fleming Road, Minden Hills, ON K0M 2K0

Land
$1,399,000

Developers take note. This 87-acre parcel of land is located on town water/sewer, is level and ready for development. Located beside the Fairgrounds, and within walking distance of the elementary school, arena, curling club, sitting just on the edge of town. Zoning is OS and HZ, so any development would need to be investigated through the township of Minden Hills and rezoning would be required. A good portion of the acreage is cleared with the remainder being a mix of forest and creek. Minden, the County Seat of the Haliburton Highlands, is a growing community in need of housing and industry. Press the multimedia button for a short video.

MLS number
X12262979
Type
Land
Status
Active
Bedrooms
—
Bathrooms
—
Postal code
K0M 2K0
Photos
10
Property tax
$1,122 / year
437days · 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.

$279,800 · minimum here is $114,900
$6,194.47per month
Borrowed before insurance$1,119,200
Total borrowed$1,119,200
Interest over 25 years at 4.5%$739,141

If you rented it out

-$6,287.97per month out of pocket
Rent$0.00
Everything it costs to hold$6,287.97
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.