60 Bay Street, Northern Bruce Peninsula, ON
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 $399,900 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 66 x 209.02 ft lot size
Description
Seize the rare opportunity to develop a family property on the shore of Little Tub Harbour, where Tobermory's world-class westerly sunsets and the majestic arrival of the Chi-Cheemaun ferry serve as your daily backdrop. This exceptional building lot offers a versatile footprint with significant frontage extending from Bay Street through to Harpur Drive, providing expansive potential for a custom residential or investment build. Strategically positioned to capture the vibrant energy and seasonal traffic of the harbour entrance, the site remains tucked away from primary downtown congestion to ensure a serene atmosphere with unparalleled views. With a professional survey already provided to facilitate a seamless transition, you can build your dream today or secure a high-value stake in the future of one of Ontario's most iconic destinations.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 60 Bay Street S, Northern Bruce Peninsula, ON N0H 2R0
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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 $399,900 in Northern Bruce Peninsula, the legal minimum down payment is $19,995 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 $4,474 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 $4,474.
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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.