The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Investment Opportunity or Ideal Work/Live Property! 3200 SF commercial+1260 SF living. Prime exposure on Highway 35, south of Minden, this unique property offers the perfect combination of commercial space with a residential house on the same lot. Featuring a detached family home and a large commercial space, this property has previously generated $72,000 per year in rental income, making it an excellent investment opportunity. Motivated seller. The two-storey home offers approximately 1,260 sq. ft. of living space. The main floor features a spacious living room, an open-concept kitchen and dining area with a walkout to the side yard, a large office, and a convenient 2-piece bathroom. The home is heated by electric baseboards and a wood-burning fireplace. Propane heating lines have been installed, although the propane furnace has been removed. Upstairs, you'll find three generously sized bedrooms and a 4-pc bathroom. The primary bedroom includes double closets. The unfinished lower level provides a laundry area, workshop space, and plenty of additional storage. New septic 2022. Drilled well. Needs some TLC. The impressive commercial building offers approximately 3,200 sq. ft. across two levels and was previously operated as a flooring showroom + office. Unlimited potentials. The building features extensive storage on both levels, two service bays with 14-foot ceilings, a customer meeting/showroom area on the main floor, and office space on the second level. Situated on a level 1.7-acre lot, this versatile property is ideally located just minutes from all of Minden's amenities. Whether you're looking to run a business, invest, or enjoy the convenience of living and working on the same property, this exceptional offering delivers outstanding value. Ample on-site parking provides easy access for customers, staff, and residents alike.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$3,028/mo
Mortgage (principal + interest)$2,690
Property taxFrom listing: $4,058/yr$338
Minimum $46,900 down for this price; the slider moves in whole percent, starting at 7%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$143,800
Ontario land transfer taxProvincial brackets, no first-time refund$10,855
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$157,455
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Minden Hills has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
