23 Brock Street, Northern Bruce Peninsula, ON

$679,900
MLS#:X12028502
0 beds
1 baths
Commercial
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Property Highlights

Welcome to this remarkable commercial retail 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 $679,900 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 1 Bathroom
  • Premium 53.36 x 181.5 ft lot size
  • equipped with yes central cooling and highly efficient propane gas heating

Description

Prime Commercial Property in the Heart of Tobermory! Seize this rare chance to own a commercial building in the charming hamlet of Tobermory, featuring the current tenant being the LCBO. Situated at the corner of Bay St S and Brock St, this single-unit property offers excellent visibility and easy access, along with 14 dedicated parking spaces. The building spans 34' x 72' for a total of 2,448 sq. ft., which is including a 460 sq. ft. walk-in cooler. The retail area features drywall finishes, a suspended ceiling, fluorescent lighting, and a tiled floor. The open-concept design ensures a clear span with no interior support columns, suitable for current tenant. A small office is located in the northwest corner, and the rear and west side of the building offer additional storage, along with a two-piece bathroom, a small kitchenette, and mechanical systems. Tobermory thrives as a summer tourist destination, attracting seasonal residents and visitors to Little Tub Harbor. The harbor bustles with activity from pleasure craft, fishing boats, and commercial excursions. The Chi-Cheemaun ferry dock, located at the mouth of the harbor, is easily visible from the property. Most local businesses, including retail, services, and accommodations, operate on a seasonal basis, contributing to a vibrant and dynamic commercial environment. Don't miss this outstanding investment opportunity in one of Tobermory's most desirable locations!

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Key Features

Bathrooms
1
Property Type
Commercial

Additional Details

StatusSold Conditional
Listed Date3/18/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCommercial Retail
Lot Size53.36 × 181.5 Feet
CountyBruce
Annual Tax$5,367.96
Legal DescriptionUNNAMED ST ADJOINING BAY ST S AND HEAD ST PL BURY AS CLOSED BY SE1736 EXCEPT PT 1, 3R6168; NORTHERN BRUCE PENINSULA

Parking & Garage

Garage Spaces14
Garage TypeNone

Heating & Cooling

Heat TypePropane Gas
CoolingYes

Features

Property Features

Interior Features

Security Features

No

Community Features

Recreation/Community Centre

Location

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23 Brock 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 23 Brock Street, Northern Bruce Peninsula, ON N0H 2R0

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$42,990 (6.3%)
* Minimum Canadian down payment required for this price is $42,990.
Amortization Period25 Years
Estimated Monthly Payment$3,795Based on a loan of $636,910 over 25 years.
Purchase Price$679,900
Loan Amount$636,910
Provincial Land Transfer Tax:$10,073
Total Estimated Closing Taxes:$10,073

About Purchasing a Home in Northern Bruce Peninsula, ON

For a property listed at $679,900 in Northern Bruce Peninsula, the legal minimum down payment is $42,990 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 $10,073 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 $10,073.

Nearby Listings

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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$704,285

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.