156 Miller Lake Shore Road, Northern Bruce Peninsula, ON

$1,049,000
MLS#:X13222754
2 beds
2 baths
1100-1500 sqft
5.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Northern Bruce Peninsula. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $1,049,000 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.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 108.8 x 143.6 ft lot
  • Features a full, walk-out, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Guest Accommodations, Water Heater Owned, Water Treatment
  • equipped with central air central cooling and highly efficient forced air heating via propane

Description

This exceptional waterfront property offers both a year round home and a separate seasonal cottage, making it ideal for family living, entertaining, or added rental potential. The main two bedroom, two storey home spans approximately 1,336 sq. ft. and features a bright open concept layout combining the kitchen, dining, and living areas, all designed to take full advantage of the lake views with a walkout to the expansive full width deck. A spacious three season sunroom, added in 2012, provides the perfect place to relax and enjoy peaceful mornings by the water. Spend your days soaking in the sounds of nature, heading down to the private dock for a morning fish, or exploring the lake by boat. The fully finished lower level includes a generous primary bedroom, laundry area, and a bathroom complete with a jetted tub. A propane fireplace creates a warm and inviting atmosphere, while central air keeps the home comfortable through the summer months. Perfect for hosting guests, the separate 460 sq. ft. three season cottage includes two bedrooms, a bathroom, and an open living and kitchen/dining space facing the lake. An L-shaped deck wraps along the front and side, creating a great outdoor gathering space for family and friends or offering excellent income potential. Additional features include a detached 20' x 24' garage/workshop for hobbyists or extra storage, along with a charming 8' x 8' treehouse style bunkie that kids are sure to love. The main house received a steel roof in 2011, while the cottage shingles were replaced in 2023. Located on Miller Lake, the largest inland lake on the Bruce Peninsula, this property is perfectly suited for swimming, boating, fishing, kayaking, canoeing, water skiing, and tubing. Beautifully landscaped and surrounded by nature, this lakeside retreat is ready for you to relax, unwind, and enjoy waterfront living at its best.

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Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date6/1/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionWood
BasementFull, Walk-Out, Finished
Lot Size108.8 × 143.6 Feet
CountyBruce
Annual Tax$4,251.94
Legal DescriptionLT 10 PL 502; NORTHERN BRUCE PENINSULA

Parking & Garage

Parking Spaces5.0
Garage Spaces4
Garage TypeDetached

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Lake Access, Waterfront, Wooded/Treed

Interior Features

Guest Accommodations, Water Heater Owned, Water Treatment

Security Features

Carbon Monoxide Detectors, Smoke Detector

Community Features

Location

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156 Miller Lake Shore Road, 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 156 Miller Lake Shore Road, Northern Bruce Peninsula, ON N0H 1Z0

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$209,800 (20.0%)
* Minimum Canadian down payment required for this price is $209,800.
Amortization Period25 Years
Estimated Monthly Payment$5,001Based on a loan of $839,200 over 25 years.
Purchase Price$1,049,000
Loan Amount$839,200
Provincial Land Transfer Tax:$17,455
Total Estimated Closing Taxes:$17,455

About Purchasing a Home in Northern Bruce Peninsula, ON

For a property listed at $1,049,000 in Northern Bruce Peninsula, the legal minimum down payment is $209,800 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 $17,455 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 $17,455.

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$704,238

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.