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1043 Lobo Drive 24, Minden Hills, ON K0M 2K0

2 beds · 1 bath · 1 kitchen · 4 rooms · 2 parking spaces · < 700 sq ft · Detached
$367,000
Property tax
$2,750 / year

Discover the perfect retreat in this charming, fully renovated 2-bedroom, four-season cottage nestled within a well-maintained co-operative community. Ideally positioned along the shores of South Lake, this cozy getaway offers stunning southern lake views right from your expansive private deck. Enjoy direct access to the water from the convenience of your own backyard, or take a refreshing swim from the hard, sandy shoreline. The private dock provides added convenience for you to access your boat/watercraft with ease! Ownership of the cottage provides year-round enjoyment, with shared amenities that include boat launch, beach area, playground, in-ground pool, and boat slips. The annual maintenance fee conveniently covers taxes, insurance, grounds maintenance, water, sewer, garbage, and road plowing, allowing you to relax and enjoy carefree cottage living. Upgrades include a newer roof, siding, deck, plumbing, wiring, kitchen, flooring, heating/AC, and full spray-foam insulation throughout. An affordable and appealing option for full-time cottage living with excellent rental potential, this lakeside escape is ready for you to move in and unwind. *** Seller may consider fractional ownership (subject to approval). VTB option available. Financing also available through various credit union ***

MLS number
X13077054
Type
Detached
Status
Active
Bedrooms
2
Bathrooms
1
Postal code
K0M 2K0
Photos
31
Laundry
Not in the unit
132days · 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

This address has been listed 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Where this address sits, matched against open government data.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

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.

The market around this home

Detached houses in Minden Hills — 238 sales over the last five years. Too few sold in this community to chart it on its own, so this is the whole city.

Median sold priceWhat comparable homes actually sold for
$360k$539k$717k20252026this home’s asking price
$637klatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
95%98%100%20252026the asking price
97%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d34d68d20252026
24dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among detached houses in minden hills. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 613 people.

$69,500Median household income
98.3%Own their home
100%Detached houses
57.2Median age
9.8%Born outside Canada
14.3%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35460094 — the few blocks around this address, home to 613 people. It describes the area, not this property.

613Population
50.1Average age
2.3Household size
$83,000Average household income
$69,500Median household income
98%Own their home
2%Rent
0%Condominiums
10%Born outside Canada
14%University degree
$540,000Average home value
12%Low income
98%Not in the labour force
18%Never married
$15,000 to $19,9991%
$20,000 to $24,9993%
$25,000 to $29,9993%
$30,000 to $34,9993%
$35,000 to $39,9996%
$40,000 to $44,9993%
$45,000 to $49,9994%
$50,000 to $59,9999%
$60,000 to $69,9996%
$70,000 to $79,9994%
$80,000 to $89,9994%
$90,000 to $99,9993%
$100,000 and over25%
$100,000 to $124,99910%
$125,000 to $149,9996%
$150,000 to $199,9996%
$200,000 and over4%

Percentages are of the 345 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

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

$73,400 · minimum here is $18,350
$1,625.00per month
Borrowed before insurance$293,600
Total borrowed$293,600
Interest over 25 years at 4.5%$193,899

If you rented it out

-$1,854.16per month out of pocket
Rent$0.00
Everything it costs to hold$1,854.16
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 CENTURY 21 LEADING EDGE REALTY INC.. Listing data provided by the Toronto Regional Real Estate Board.