7024 # 6 Highway, Northern Bruce Peninsula, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Northern Bruce Peninsula. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,275,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 383 x 795 ft lot size
- Convenient other garage included
- equipped with yes central cooling and highly efficient propane gas heating
Description
One of the most versatile commercial opportunities on the Bruce Peninsula. Set on approximately 7 acres just outside the settlement boundaries of Tobermory, this HCM-zoned property offers an exceptional combination of existing infrastructure and future development potential. The approximately 2,808 sq.ft. commercial building is complemented by approximately 658 sq.ft. of living quarters ready for renovation, a 40' x 80' Quonset building with a 14' x 14' overhead door, additional storage trailer, and existing septic and water servicing for a potential mobile home. HCM zoning permits a broad range of commercial uses, while the expansive site provides room for future business expansion, cabins or camping accommodations (subject to approvals), additional parking, or a true live-work operation. High-visibility location, ample parking, and minutes from downtown Tobermory. A rare opportunity to secure a large commercially zoned land holdings in the area with exceptional flexibility for today's needs and tomorrow's vision.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 7024 # 6 Highway, Northern Bruce Peninsula, ON N0H 2R0
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Northern Bruce Peninsula, ON
For a property listed at $1,275,000 in Northern Bruce Peninsula, the legal minimum down payment is $255,000 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 $21,975 for this transaction. As this listing is in Northern Bruce Peninsula (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $21,975.
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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.