153 McDonough Lane, Northern Bruce Peninsula, ON
Property Highlights
Welcome to this remarkable vacant land 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 $1,550,000 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
- Spacious lot size measured in Feet
- 1.0 total parking spaces available
Description
56 Acres of serenity and opportunity! Whether you are considering an investment venture or searching for a unique property for your very own private retreat, this property offers plenty of potential. With over 5600ft. of shoreline on both Gauley Bay and Lake Huron, you can enjoy both sandy and rocky shorelines. Sited on a paved, year-round road which leads to a community of executive homes, development potential awaits those with a vision! PD (Planned Development Zone) zoning classification currently in place. The property features a privately maintained road running its entire length by the shoreline, offering easy access for a vehicle or ATV. For those who appreciate nature the property is quite diverse offering both open and treed areas, natural rock and rolling topography. Enjoy swimming in the protected Bay along the sandy shoreline or kayak and boat from the rocky shore out to Lake Huron. The expansive waterfront features Eastern and Southern exposures. There are structures on site and a hand pump well, reminiscent of days past. The property and structures are being sold As Is. Kindly book a private viewing with a REALTOR to appreciate the property fully!
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Property Summary
This vacant land located at 153 McDonough Lane, Northern Bruce Peninsula is currently for sale and has been available on SousaSells for 255 days. This property is listed at $1,550,000 with an estimated mortgage of $5,159* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 153 McDonough Lane, Northern Bruce Peninsula is in the Northern Bruce Peninsula neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Beach, Cul de Sac/Dead End, Lake Access, Part Cleared, Waterfront, Wooded/Treed
Interior Features
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Community Features
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Location
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 153 McDonough Lane, Northern Bruce Peninsula, ON N0H 1Z0
Based on 0 recent similar sales in the pocket.
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 $1,550,000 in Northern Bruce Peninsula, the legal minimum down payment is $310,000 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 $27,475 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 $27,475.
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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.