41 Simpson Avenue, Northern Bruce Peninsula, ON

$499,900
MLS#:X12887348
2 beds
1 baths
700-1100 sqft
3.0 parking
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 wood construction, this residence presents an exceptional opportunity offered at $499,900 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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 66 x 165 ft lot
  • 3.0 total parking spaces available
  • Notable attributes: Primary Bedroom - Main Floor, Water Heater Owned
  • Efficient baseboard heating via electric

Description

Waterfront Cottage Near Tobermory! Just a short drive or easy bike ride to the village, this charming seasonal cottage offers the perfect opportunity to enjoy relaxed summer living on the beautiful Bruce Peninsula. Conveniently located close to Tobermory's shops, restaurants, recreation and the ferry, you'll have everything you need nearby while still enjoying the peace and privacy of cottage life. Set along a protected channel, the waterfront is ideal for boating, canoeing and kayaking, providing calm waters for exploring and family fun. The cottage itself offers a nostalgic, rustic atmosphere that captures the spirit of traditional cottage living. Inside you'll find two spacious bedrooms, both with closets, a 4-piece bathroom, and comfortable living spaces designed for easy summer enjoyment. Most furnishings are included, making it easy to move in and start enjoying right away. A finished bunkie provides additional space for overnight guests and includes a small attached workshop, while the surrounding property offers plenty of room for kids to play and explore. Evenings can be spent gathered around the shoreline fire pit roasting marshmallows under the stars, or relaxing on the dock while casting a line and taking in the peaceful waterfront setting. Quaint, affordable, and full of potential, this waterfront cottage is a wonderful place to create lasting family memories and enjoy the very best of summer on the Bruce Peninsula. Pack your bags, bring your kayak, and start your cottage life here.

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Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateApril 15, 2026
Sold price information is available to members only
Listed Date3/16/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionWood
BasementNone
Lot Size66 × 165 Feet
CountyBruce
Annual Tax$1,911.54
Legal DescriptionLT 6 PL 352; NORTHERN BRUCE PENINSULA

Parking & Garage

Parking Spaces3.0
Garage Spaces3
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingNone

Features

Property Features

Campground, Cul de Sac/Dead End, Lake Access, Marina, School Bus Route, Wooded/Treed

Interior Features

Primary Bedroom - Main Floor, Water Heater Owned

Security Features

Smoke Detector

Community Features

Location

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41 Simpson Avenue, 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 41 Simpson Avenue, 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$24,995 (5.0%)
* Minimum Canadian down payment required for this price is $24,995.
Amortization Period25 Years
Estimated Monthly Payment$2,830Based on a loan of $474,905 over 25 years.
Purchase Price$499,900
Loan Amount$474,905
Provincial Land Transfer Tax:$6,473
Total Estimated Closing Taxes:$6,473

About Purchasing a Home in Northern Bruce Peninsula, ON

For a property listed at $499,900 in Northern Bruce Peninsula, the legal minimum down payment is $24,995 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 $6,473 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 $6,473.

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.