505 Pike Bay Road, Northern Bruce Peninsula, ON
Property Highlights
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Northern Bruce Peninsula. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $485,000 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 1 Bathroom
- Generous living space spanning 1100-1500 sqft on a premium 160 x 500 ft lot
- Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Primary Bedroom - Main Floor, Storage
- Efficient forced air heating via oil
Description
Your very own Peace of the fabulous Bruce Peninsula Paradise. This wonderful 1.84 acre property is absolutely perfect, offering Beautiful cedar bush surrounding and a well maintained 1150 sq ft, 2 bedroom home with full crawl space for tons of storage plus a 26ft X 24ft 2 car garage/workshop. There is also a 16ft X 8.6ft garden shed plus 2 other smaller metal sheds and your very own back yard trailer which your extra guests will just adore. Move right in and start enjoying this meticulously maintained property. Just minutes to Pike Bay and its wonderful waterfront park or head over to Lions Head for small town Ontario hospitality offering terrific shopping and dinning, full marina, public beach and even a hospital. Head further north and experience the famous Grotto and Tobermory to catch the ferry to Manitoulin Island. You are Located about 30 minutes north of Sauble Beach along the warm water shores of Lake Huron. Terrific Peninsula investment opportunity for short term rentals or your full time home or cottage. Its all here just listen to the loons calling, you should answer them right away.
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Property Summary
This detached home located at 505 Pike Bay Road, Northern Bruce Peninsula is currently for sale and has been available on SousaSells for 289 days. This property is listed at $485,000 with an estimated mortgage of $1,614* per month. It has 2 beds, 1 bathroom, and is 1100-1500 square feet. 505 Pike Bay 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
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Campground, Hospital, Lake Access, Marina, Part Cleared, Beach
Interior Features
Primary Bedroom - Main Floor, Storage
Security Features
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 505 Pike Bay Road W, Northern Bruce Peninsula, ON N0H 1W0
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 $485,000 in Northern Bruce Peninsula, the legal minimum down payment is $24,250 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 $6,175 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 $6,175.
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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.