14 Hillcrest Street, South Bruce, ON

$199,000
MLS#:X10409214
5 beds
4 baths
3000-3500 sqft
Residential Freehold
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Property Highlights

Welcome to this remarkable 2 1/2 Storey fourplex located in the coveted neighborhood of South Bruce. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $199,000 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.

  • 5 Bedrooms and 4 Bathrooms with 4 functional kitchens
  • Generous living space spanning 3000-3500 sqft on a premium 75 x 350 ft lot
  • Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 0.0 total parking spaces available
  • Notable attributes: Other
  • Efficient other heating via gas

Description

Charming Fourplex in Teeswater, ON - Ideal Investment Opportunity! Close to land value but with the added potential to re-imagine a charming fourplex! Located at 14 Hillcrest St W, this property offers an incredible chance to own a multi-unit building in the heart of Teeswater. The versatile layout and large units make it perfect for potential tenants or a multi-generational family looking for plenty of living space. Property Highlights: Spacious 75x350 ft lot extending all the way to the Teeswater River perfect for outdoor activities and water access. Enjoy canoeing and kayaking right from your own backyard! Walking distance to two schools, and just a 30-minute drive to Lake Huron. This legal fourplex is being sold in "as is, where is" condition, offering an exciting opportunity for renovation or redevelopment. With around 3,000 sq. ft. of space (buyer to verify measurements), the property requires all new mechanicals and has access to natural gas at the lot line, as well as municipal water, hydro, and sewer connections. Please note, there is no HVAC system currently installed. Don't miss this versatile opportunity to bring your design and vision to life. Whether you're looking to invest or to craft a unique multi-family/investment residence, or single-family dwelling, this property in Teeswater is brimming with potential!

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Property Summary

This fourplex located at 14 Hillcrest Street, South Bruce is currently for sale and has been available on SousaSells for 620 days. This property is listed at $199,000 with an estimated mortgage of $662* per month. It has 5 beds, 4 bathrooms, and is 3000-3500 square feet. 14 Hillcrest Street, South Bruce is in the South Bruce neighborhood.

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

Key Features

Bedrooms
5
Bathrooms
4
Kitchens
4
Living Area
3000-3500 sqft
Property Type
Residential Freehold

Additional Details

StatusTerminated
Listed Date11/5/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeFourplex
Architectural Style2 1/2 Storey
ConstructionBrick
BasementUnfinished
Lot Size75 × 350 Feet
CountyBruce
Annual Tax$3,124.42
Legal DescriptionPLAN 16 LOT 29 PLAN 144 PARK PT LOT 17 HILLCREST N

Parking & Garage

Parking Total0.0
Parking Space0
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeOther
CoolingNone

Features

Property Features

Park, Place Of Worship, River/Stream

Interior Features

Other

Security Features

Community Features

Location

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14 Hillcrest Street, South Bruce, 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 14 Hillcrest Street W, South Bruce, ON N0G 2S0

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.

Market Trend
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Mortgage & Affordability Audit

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

Configure Loan Settings

Interest Rate4.00%
Down Payment$59,700 (30.0%)
* Minimum Canadian down payment required for this price is $9,950.
Amortization Period30 Years
Estimated Monthly Payment$662Based on a loan of $139,300 over 30 years.
Purchase Price$199,000
Loan Amount$139,300
Provincial Land Transfer Tax:$1,715
Total Estimated Closing Taxes:$1,715

About Purchasing a Home in South Bruce, ON

For a property listed at $199,000 in South Bruce, the legal minimum down payment is $9,950 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 $1,715 for this transaction. As this listing is in South Bruce (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $1,715.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for South Bruce, South Bruce.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$659,253

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.