1012 Shetland Road, Minden Hills

$478,800
1012 Shetland Road

$478,800

New
29d
DetachedBacksplit 3

1012 Shetland Road, Minden Hills

Total Monthly Obligation $2,484

Beds
3
Baths
1
Park
6
Sqft
1100-1500
DOM
29d
Score
26
Yield
6.4%
Cash on Cash
4.0%
Cap Rate
5.4%
5Y IRR
18.8%
10Y IRR
17.2%
Property Type-Detached
MLS® Number-X13825348
Beds-3
Bathrooms-1
Size-1100-1500 sqft
Lot Size-263.14 × 163.02 ft
Listed on site-Sep 24, 2026
Style-Backsplit 3
Building Type-Detached
Taxes-$2,133.88 (2026)
Parking-8 - Detached
Basement-Partial Basement, Unfinished, Crawl Space
Heating-Forced Air (Propane)
Brokerage-RE/MAX Professionals North
Cooling-Central Air
Laundry-No
Fireplace-Electric, Living Room
Pool-None
Facing-West
Exterior-Wood
Roof-Metal
Foundation-Concrete Block
Sewer-Septic
Possession-Flexible
Neighbourhood-Lutterworth
Title-Residential Freehold

No agent assigned

A great place for a family to put down roots, this recently remodelled three-level backsplit offers year-round living just outside Moore Falls. Set on just under an acre, there is plenty of room for kids to play, families to gather, and everyone to enjoy the outdoors. The quiet community offers easy access to Highway 35, while the Village of Minden is approximately 20 minutes away and the GTA is less than two hours. With the Moore Lake boat launch is just a short walk away, it makes it easy to get out on the water for boating, fishing, swimming and summer days at the lake. Minden offers grocery stores, restaurants, parks, recreation, school, and other everyday amenities. Inside, the home has a practical layout with room for everyone. The ground level welcomes you with a bright and inviting living room. A few steps up, the open-concept kitchen and dining area overlooks the living room, creating an open and connected space for family meals and everyday life. From the dining area, step directly into the screened-in Haliburton room, an ideal spot for morning coffee or relaxing outdoors without the bugs. The main living level includes two bedrooms, each with its own private screened room, along with an office that could easily be used as a third bedroom. A 4-piece bathroom, updated in 2026, completes this level. The lower level currently houses the laundry and is unfinished, giving you the opportunity to create additional living space. Outside, the nearly one-acre property gives the kids plenty of space to run and play, while the detached garage and workshop provide room for vehicles, toys and tools. With lake access just down the road, a generous yard, flexible bedroom options and a convenient location close to Minden, this is a home designed to give a family room to live, grow and enjoy time together.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$383,040
Land Transfer Taxes$6,051
Legal Fees (Est.)
$
Total cash required for closing$103,311

Total Monthly Obligation

$2,484/mo
Mortgage $1,931
Monthly Loss $1,976
Principal$508
Interest$1,423
Property Tax$178
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.4%31
Cash-on-Cash
-2.2%5
5-Year IRR
13.9%64
10-Year IRR
13.7%
Returns Index
33.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
26/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$30,600/yr
NOI
$20,906/yr
Net Cash Flow
-$189/mo
Cash Margin
-7.4%1
Cash Flow Index
1.1/ 100
Risk Profile
Weight: 20%
DSCR
0.9020
LTV Ratio
80.0%18
Vacancy Buffer
3.8 mo66
Risk Index
34.7/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 1012 Shetland Road

Time

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