$719,000
For sale: Detached

Investment Opportunity or Ideal Live/Work Property! Prime exposure on Highway 35, south of Minden, this unique property offers the perfect combination of residential comfort and commercial potential. Featuring a detached family home and a large commercial shop, 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 and office. 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.
Sold data
Detached homes in Minden Hills (Lutterworth) took a median of 32 days to sell over the last 90 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 51, across 61 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 36 days.
The median sale price was $599,999.
Homes sold for about 3.5% below asking on average, so there was room to negotiate.
About 7% of sales closed above the list price.
Around 23% of sellers reduced their price before finding a buyer.
Based on 61 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
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