78 SOUTH SHORE Road, Northern Bruce Peninsula, ON

$329,000
MLS#:X10845959
1 beds
1 baths
< 700 sqft
4.0 parking
Residential Freehold
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Property no longer active

This property was sold on December 15, 2024. This listing is for reference purposes only. to view the sold price.

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 $329,000 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.

  • 1 Bedroom and 1 Bathroom
  • Generous living space spanning < 700 sqft on a premium 65 x 195 ft lot
  • 4.0 total parking spaces available
  • Notable attributes: Water Heater Owned
  • Efficient baseboard heating via other

Description

This quaint 3 season cottage - situated in Barrow Bay, south of Lion's Head. Cottage has had some improvements including steel roof, hot water tank, exterior freshly painted, upgraded electrical panel including electrical connection from the main line at the road to the cottage. The interior of the cottage has vaulted ceilings. There is a living room, galley kitchen, dining room, three piece bath and a bedroom. Electric baseboard for heat. 100 Amp electrical panel. Pull out couch in sitting room (was formerly a bedroom and wall was removed) for extra sleepovers. Drilled well. Located on year round municipal road. There is a public access almost across the road to Little Lake. Start making some good family memories with this great little starter cottage. Seller has no knowledge of the location of the septic. Taxes are $1009.19. Cottage comes furnished and can be ready for possession. Located on a year round municipal road.

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Property Summary

This detached home located at 78 SOUTH SHORE Road, Northern Bruce Peninsula is currently for sale and has been available on SousaSells for 698 days. This property is listed at $329,000 with an estimated mortgage of $1,095* per month. It has 1 bed, 1 bathroom, and is < 700 square feet. 78 SOUTH 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

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
< 700 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date8/19/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionWood
BasementNone
Lot Size65 × 195
CountyBruce
Annual Tax$1,009.19
Legal DescriptionPT LT 141 PL 385 AS IN R309205, NORTHERN BRUCE PENINSULA

Parking & Garage

Parking Total4.0
Parking Space4
Garage TypeNone

Heating & Cooling

Heat SourceOther
Heat TypeBaseboard
CoolingNone

Features

Property Features

Hospital

Interior Features

Water Heater Owned

Security Features

Carbon Monoxide Detectors, Smoke Detector

Community Features

Location

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78 SOUTH 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 78 SOUTH 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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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Northern Bruce Peninsula.

Configure Loan Settings

Interest Rate4.00%
Down Payment$98,700 (30.0%)
* Minimum Canadian down payment required for this price is $16,450.
Amortization Period30 Years
Estimated Monthly Payment$1,095Based on a loan of $230,300 over 30 years.
Purchase Price$329,000
Loan Amount$230,300
Provincial Land Transfer Tax:$3,410
Total Estimated Closing Taxes:$3,410

About Purchasing a Home in Northern Bruce Peninsula, ON

For a property listed at $329,000 in Northern Bruce Peninsula, the legal minimum down payment is $16,450 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 $3,410 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 $3,410.

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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.