Homula Realty Brokerage
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1940 Scotch Line Road, Minden Hills, ON K0M 2K0

4 parking spaces · < 700 sq ft · Vacant Land
$239,000
Property tax
$170 / year

Don't miss this rare opportunity to own a cleared 0.44 acre building lot just minutes from downtown Minden. This property is ready for your vision, with many of the major steps already completed. The lot features an installed driveway and septic system, saving you time and money as you prepare to build. A building permit has already been secured, and professionally prepared plans for a new home are available, making it even easier to get started. Enjoy the perfect balance of peaceful surroundings and convenient access to shops, restaurants, schools, and all the amenities Minden has to offer. Whether you're looking to build your year-round home or a weekend retreat, this property is an exceptional opportunity.

MLS number
X13522662
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
K0M 2K0
Photos
12
72days · 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.

Work out the numbers

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

$47,800 · minimum here is $11,950
$1,058.24per month
Borrowed before insurance$191,200
Total borrowed$191,200
Interest over 25 years at 4.5%$126,272

If you rented it out

-$1,072.41per month out of pocket
Rent$0.00
Everything it costs to hold$1,072.41
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.