160 Spry Shore Road, Northern Bruce Peninsula, ON

$59,900
MLS#:X9038154
0 beds
0 baths
Residential Freehold
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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 $59,900 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 155 x 200 ft lot size
  • Notable attributes: None

Description

Beautiful, treed POTENTIAL BUILDING LOT across the road from Lake Huron, located on a quiet, paved and well maintained year-round municipal road. This is your chance to own a piece of paradise that has been in the same family since 1978! Great public lakefront access and boat launch just up the road with another public access point just down the road, great for swimming, canoes and kayaks.This property measures 155 feet along the roadside, 200 feet deep and is irregular in size (according to Geowarehouse) and it is a pie shaped lot, approximately one third of an acre. Great neighbourhood with a mix of well kept cottages and year round homes. There is hydro and telephone along the roadside. To build a home a septic system, well and a driveway with a culvert (not yet installed) would be required. Great neighbourhood for year round living. Black Creek Provincial Park (Big Sandy Beach) is just minutes away and it is approximately 8 kilometers to Lion's Head for shopping and amenities. There is also a marina to moor your boat for the season, stunning shale stone shoreline and a sandy beach, and other amenities that the village has to offer. Come have a closer look! There is a sign on the property and the estimated front corners of the property are marked with orange tape. Public water access and boat launch is on Spry Shore Road 1 km to the north, and public water access for canoe/kayak/swimming is 1.5 km to the southwest on Spry Road.

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Property Summary

This vacant land located at 160 Spry Shore Road, Northern Bruce Peninsula is currently for sale and has been available on SousaSells for 731 days. This property is listed at $59,900 with an estimated mortgage of $199* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 160 Spry Shore Road, 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

000
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 6, 2024
Sold price information is available to members only
Listed Date7/15/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land
Lot Size155 × 200 Feet
CountyBruce
Annual Tax$322.37
Legal DescriptionPT LT 24 CON 5 WBR EASTNOR AS IN R146199 & R162571 T/W R146199; NORTHERN BRUCE PENINSULA

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Features

Property Features

Interior Features

None

Security Features

Community Features

Location

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160 Spry 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 160 Spry Shore Road, 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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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 Rate4.00%
Down Payment$17,970 (30.0%)
* Minimum Canadian down payment required for this price is $2,995.
Amortization Period30 Years
Estimated Monthly Payment$199Based on a loan of $41,930 over 30 years.
Purchase Price$59,900
Loan Amount$41,930
Provincial Land Transfer Tax:$324
Total Estimated Closing Taxes:$324

About Purchasing a Home in Northern Bruce Peninsula, ON

For a property listed at $59,900 in Northern Bruce Peninsula, the legal minimum down payment is $2,995 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 $324 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 $324.

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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$721,608

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.