113 Water Street, Northern Bruce Peninsula, ON

$539,000
MLS#:X13116080
3 beds
1 baths
< 700 sqft
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Northern Bruce Peninsula. Expertly crafted featuring premium vinyl siding and stone construction, this residence presents an exceptional opportunity offered at $539,000 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.

  • 3 Bedrooms and 1 Bathroom
  • Generous living space spanning < 700 sqft on a premium 100 x 300 ft lot
  • Features a unfinished, walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 0.0 total parking spaces available
  • Notable attributes: Primary Bedroom - Main Floor, Guest Accommodations, Water Heater Owned
  • equipped with wall unit(s) central cooling and highly efficient other heating via other

Description

Trade long weekends spent sitting in cottage country traffic, busy lakes, murky water and relentless blackflies for the crystal clear waters of Georgian Bay, refreshing lake breezes, fewer bugs and more time actually enjoying your escape. Tucked beneath the Niagara Escarpment, Hope Bay offers a quieter cottage experience where the scenery is incredible and getting away truly feels like getting away. Welcome to your private, turnkey waterfront escape, accessible in all seasons & in one of the Bruce Peninsula's most beautiful locations. Access is simple, scenic and part of the charm. From the parking area, enjoy a peaceful walk of under 10 minutes along a well-established trail leading directly to the cottage. Prefer the water? An aluminum boat with 20HP Yamaha power tilt motor is included, with an easy launch at the parking area making it just a 1-minute ride along the shoreline to your dock.Perched above the trees with sweeping views of Hope Bay and the escarpment, this cottage captures everything you imagine in a classic Canadian retreat. Reconstructed in 2016, expansive windows and a wraparound deck make the most of the incredible surroundings. Inside, warm pine finishes, hardwood floors and soaring ceilings create an inviting atmosphere, while a pellet stove set into a stone feature wall adds a cozy touch for cooler evenings. With three separate sleeping spaces-the main bedroom, loft and charming bunkie, there is plenty of room for family and guests. The cottage and bunkie are fully insulated with heating and cooling, extending your enjoyment beyond the summer months. At the shoreline, a solid 50-foot crib dock means no seasonal dock hassle, while two boat rails provide easy access on and off the water. The generous 100 x 300 ft lot offers exceptional privacy and direct access to the Bruce Trail into Hope Bay Provincial Park, putting world-class hiking at your doorstep Nearby, enjoy the sandy beach at Hope Bay and the convenience of the local store for ice cream!

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Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Living Area
< 700 sqft
Property Type
Residential Freehold

Additional Details

StatusPrice Change
Listed Date5/12/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionVinyl Siding, Stone
BasementUnfinished, Walk-Out
Lot Size100 × 300 Feet
CountyBruce
Annual Tax$2,928.57
Legal DescriptionPT LT 2 CON 10 EBR EASTNOR AS IN R333863 MUNICIPALITY OF NORTHERN BRUCE PENINSULA

Parking & Garage

Parking Spaces0.0
Garage TypeNone

Heating & Cooling

Heat SourceOther
Heat TypeOther
CoolingWall Unit(s)

Features

Property Features

Beach, Cul de Sac/Dead End, Lake Access, Waterfront, Wooded/Treed

Interior Features

Primary Bedroom - Main Floor, Guest Accommodations, Water Heater Owned, Water Treatment

Security Features

Community Features

Location

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113 Water Street, Northern Bruce Peninsula, 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 113 Water Street, Northern Bruce Peninsula, ON N0H 1W0

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 Northern Bruce Peninsula.

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Interest Rate5.25%
Down Payment$28,900 (5.4%)
* Minimum Canadian down payment required for this price is $28,900.
Amortization Period25 Years
Estimated Monthly Payment$3,040Based on a loan of $510,100 over 25 years.
Purchase Price$539,000
Loan Amount$510,100
Provincial Land Transfer Tax:$7,255
Total Estimated Closing Taxes:$7,255

About Purchasing a Home in Northern Bruce Peninsula, ON

For a property listed at $539,000 in Northern Bruce Peninsula, the legal minimum down payment is $28,900 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 $7,255 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 $7,255.

Nearby Listings

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No current listings found in Northern Bruce Peninsula.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$701,762

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.