1027 Commonwealth Drive, Minden Hills, ON

$524,900
MLS#:X12332488
2 beds
1 baths
< 700 sqft
8.0 parking
Residential Freehold
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Property no longer active

This property was sold on November 7, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Lutterworth. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $524,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning < 700 sqft on a premium 97 x 325 ft lot
  • 8.0 total parking spaces available
  • Notable attributes: Water Heater Owned
  • equipped with window unit(s) central cooling and highly efficient other heating via other

Description

Spar Lake is an undiscovered gem that is ideal for those looking for quiet enjoyment of beautiful scenery and perfect swimming that is provided by this motor-restricted lake that is within easy driving distance from the GTA. The cottage is sited on a spacious 0.65 acre lot that is one of the very few on the lake that are level with plenty of open space for outdoor activities. The lot also features sandy wade-in waterfront and deep, weed-free swimming a short distance out. The three-season cottage is compact but functional, with a newer wrap-around deck with a screened-in section that is perfectly positioned for watching sunsets. Vinyl siding and a metal roof keeps maintenance to a minimum. A Bunkie provides extra sleeping room and there is plenty of storage space. The cottage is being sold turn-key and a short closing is possible.

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Property Summary

This detached home located at 1027 Commonwealth Drive, Minden Hills is currently for sale and has been available on SousaSells for 349 days. This property is listed at $524,900 with an estimated mortgage of $1,747* per month. It has 2 beds, 1 bathroom, and is < 700 square feet. 1027 Commonwealth Drive, Minden Hills is in the Lutterworth neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
< 700 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 23, 2025
Sold price information is available to members only
Listed Date8/8/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionVinyl Siding
BasementNone
Lot Size97 × 325 Feet
CountyHaliburton
Annual Tax$1,667
Legal DescriptionLT 19 PL 379; PT RDAL IN FRONT OF LT 22 CON 1 LUTTERWORTH CLOSED BY H175896 PT 1 19R4787; S/T & T/W H161372; EXCEPT THE EASEMENTS THEREIN RE: LT 22, LT 23 CON 1 & SPAR LAKE DR; S/T EXECUTION 03-0000017, IF ENFORCEABLE; MINDEN HILLS

Parking & Garage

Parking Total8.0
Parking Space8
Garage TypeNone

Heating & Cooling

Heat SourceOther
Heat TypeOther
CoolingWindow Unit(s)

Features

Property Features

Lake/Pond

Interior Features

Water Heater Owned

Security Features

Community Features

Location

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1027 Commonwealth Drive, Minden Hills, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 1027 Commonwealth Drive, Minden Hills, ON K0M 2L1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Minden Hills.

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Interest Rate4.00%
Down Payment$157,470 (30.0%)
* Minimum Canadian down payment required for this price is $27,490.
Amortization Period30 Years
Estimated Monthly Payment$1,747Based on a loan of $367,430 over 30 years.
Purchase Price$524,900
Loan Amount$367,430
Provincial Land Transfer Tax:$6,973
Total Estimated Closing Taxes:$6,973

About Purchasing a Home in Minden Hills, ON

For a property listed at $524,900 in Minden Hills, the legal minimum down payment is $27,490 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,973 for this transaction. As this listing is in Minden Hills (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,973.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Lutterworth, Minden Hills.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$656,443

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.